What context can I use each word in?
Learn when and how to use these words with these examples!
creditor
Example
The bank is my creditor since they gave me a loan. [creditor: noun]
Example
The creditor demanded payment for the outstanding debt. [creditor: noun]
loaner
Example
My friend is a generous loaner and always helps me out when I need it. [loaner: noun]
Example
The car dealership provided a loaner vehicle while my car was being serviced. [loaner: adjective]
Good things to know
Which word is more common?
Creditor is a more common term than loaner in financial and legal contexts. Loaner is a less formal term and is more commonly used in personal or casual situations.
What’s the difference in the tone of formality between creditor and loaner?
Creditor is a more formal term used in legal and financial contexts, while loaner is a more informal term used in personal or casual situations.
