WordUpWordupPerson

Creditor

usgb/ˈkredɪtər/Volume
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Financial ResponsibilityPlay
Refers to someone you have a financial obligation towards, usually because of a debt. SlideI'm saving money to settle my account with the creditor next week.
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Depth of DebtPlay
Can imply the extent of your financial obligations; the more creditors you have, the deeper in debt you may be. SlideMultiple creditors are calling me for payments.
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Payment PriorityPlay
Some creditors are prioritized for repayment over others based on the type of debt. SlideMortgage creditors are usually paid first due to the loan's secured nature.
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