Truth in Lending: 6.2.1 “Consumer,” “Credit,” and “Creditor”
“Consumer” and “credit,” have the same meanings as they do for closed-end credit and other TILA provisions.11 There are special definitions of “creditor” for credit cards, discussed at § 6.2.4.5, infra. For other forms of open-end credit, “creditor” has the same meaning as it does for closed-end credit under TILA.