
Creditor
Financial Responsibility
Refers to someone you have a financial obligation towards, usually because of a debt.
I'm saving money to settle my account with the creditor next week.
Depth of Debt
Can imply the extent of your financial obligations; the more creditors you have, the deeper in debt you may be.
Multiple creditors are calling me for payments.
Payment Priority
Some creditors are prioritized for repayment over others based on the type of debt.
Mortgage creditors are usually paid first due to the loan's secured nature.
Compare with
BeneficiaryClaimantInvestorLendMortgageePayee
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