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The lender loans money to the borrower.

The borrower takes the loan out with the lender.

The borrower is then in debt (owes money) to the lender and the lender is in credit with the borrower and will want the borrower to pay him/her back.

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8y ago
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14y ago

there are several kinds of people who loan money. There are banks that loan, investors that invest, private money lenders who loan, hard money lenders etc.

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14y ago

Borrower, Debtor, Mortgagor, Maker to name a few

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13y ago

The borrower. In some cases lessee is also appropriate (when a lease is involved, such as for a car or a mortgage).

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Q: What is the name given to someone who borrows money?
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