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They are spelled differently.

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12y ago

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What is the difference between investor and creditor?

A person who invests money in order to make a profit is an investor. A creditor is lender of the funds, to whom someone owes a loan.


Explain the difference between an investor and a creditor of a business?

A person who invests money in order to make a profit is an investor. A creditor is lender of the funds, to whom someone owes a loan.


What is the difference between mortgage lender and consumer lender?

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If a debt is not reaffirmed by a creditor is the debt discharged in a bankruptcy?

The creditor is the lender. The bankrupt is the debtor. The lender never has to re-affirm he wants to get paid back.


What is the difference between creditor and debtor?

A creditor is someone YOU OWE money to. A debtor is someone who OWES YOU money.


Can a investigator call you about a payday loan?

Yes, if he or she is acting on the behalf of the creditor/lender.


What is the difference between a bondholder and a shareholder?

A bondholder is a creditor to a company whereas a shareholder is a owner of a company.


What is the principal difference between a bondholder and a stockholder?

The shareholder has an ownership interest and the bondholder is a lender.


Can a debt incurred in Pennsylvania be collected on in Florida?

Yes, the lender/creditor can sue the debtor in the state court in the county where the debtor resides for the debt owed regardless of where that debt was incurred. In some cases, the lender/creditor can send the defaulted account to the National Board of Arbitration bypassing the usual court procedure of a lawsuit. The debtor will be notified in advance of any litigation the lender/creditor chooses to take.


What is the difference between vacate and satisfaction of a lien?

The difference between vacate and satisfaction of a lien is the way in which it was surrendered. During a vacate of a lien, the creditor is releasing the lien on a loan, usually because of a full repayment. The satisfaction of a lien would be like a repossession for non payment to a creditor.


What is the difference between credit and debt?

Credit refers to money that is borrowed with the expectation of repayment, often with interest. Debt, on the other hand, is the amount of money that is owed to a lender or creditor. In simple terms, credit is the ability to borrow money, while debt is the amount that has been borrowed and needs to be repaid.


What is the difference between a first lien and second lien mortgage underwriting process?

A second lien mortgage occurs when a lender is willing to impose a lien on an asset that already carries a lien with another creditor. An example of a second lien mortgage is a second mortgage being taking out for property. If a person does not make payments to either lender, the first mortgage is settled before the second mortgage can be settled,