If Joe loans you two dollars so you can buy a cup of coffee, Joe is your creditor — you owe him two dollars and a big thank you!
If you have a credit card, the bank that issues it to you is your creditor. What they give you is not a piece of plastic, rather it is a line of credit or a certain amount of money that they have agreed to loan you at fixed terms. Make sure you pay it off every month or you'll become a debtor!
