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Debtor >> Back to glossary

If you owe money, no matter how little or how much, in the finance world you are a debtor. You are the opposite to the creditor, who is the individual or organization that you borrowed the money from or owe money to. It is a small word with a lot of impact. It is common for most individuals who are in financial problems to really what to change their debtor status to debt free.

It really is important that you understand this term though because when you are signing contracts for loans it is a legal document, and you throughout that document will not be referred to by name, but will be simply called the debtor. So wherever you see this term used pay close attention to it because it applies specifically to you.

In fact when you sign these contracts on the dotted line, you will under the line see the term "debtor" used so there is no mistaking that you didn't understand that this is you that is being referred to throughout the documents.

Here at DebtCafe USA you are more than just a term such as a debtor to us. We see you as an individual who is sick and tired of being broke all the time and having to deal with creditors who are constantly badgering you for payments. We view you as a person who needs some assistance, and we are ready to outline how we can do just that for you once you have filled in our quick and easy form here. Now is the time to change your financial title from debtor to debtless.

Contact our counselors by filling in your contact info below. You are under Absolutely No Obligation, but if you like Your new reduced debt payments, you can discuss enrolling in one of the debt and credit card consolidation Programs.

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