For the purpose of this chapter: “Mayor” means the Mayor of the District of Columbia. “Commissioner” means the Commissioner of the Department of Insurance, Securities, and Banking. “Credit life insurance” means insurance issued on the life of a debtor pursuant to or in connection with a specific loan or other credit transaction. “Credit accident and health insurance” means insurance against the disability of a debtor which provides indemnity for payments on a specific loan or other credit transaction. “Creditor” means the lender of money or vendor of goods, services, or property, including a lessor under a lease intended as a security, for which payment is arranged through a loan or other credit transaction, and includes any successor to the right, title, or interest of any such lender, vendor, or lessor. “Debtor” means a borrower of money or purchaser of goods, services, or property, including a lessee under a lease intended as a security, for which payment is arranged through a loan or other credit transaction. “District” means the District of Columbia. “Indebtedness” means the amount payable by a debtor to a creditor in connection with a loan or other credit transaction. Repealed.
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