• meco03211@lemmy.world
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    4 months ago

    15 USC 1692a (4):

    The term “creditor” means any person who offers or extends credit creating a debt or to whom a debt is owed, but such term does not include any person to the extent that he receives an assignment or transfer of a debt in default solely for the purpose of facilitating collection of such debt for another.

    Oh. Now I completely understand how all this works…