815 ILCS 160/1

For the purpose of this Act, the following terms have the meanings given them: (1) "Credit agreement" means an agreement or commitment by a creditor to lend money or extend credit or delay or forbear repayment of money not primarily for personal, family or household purposes, and not in connection with the issuance of credit cards. (2) "Creditor" means a person engaged in the business of lending money or extending credit. (3) "Debtor" means a person who obtains credit or seeks a credit agreement or claims the existence of a credit agreement with a creditor or who owes money to a creditor. (4) "Person" means an individual, corporation, partnership, joint venture, trust estate, unincorporated association or other entity.