luottosaajalla

Luottosaaja is a Finnish financial term that refers to the party that receives credit or a loan from a lender. The word combines luotto (credit/loan) and saaja (recipient), and it is commonly used in contracts, regulatory texts, and banking discussions to designate the borrower or debtor.

In a loan or credit agreement, the luottosaaja is obliged to repay the borrowed sum plus interest and any fees according to the agreed schedule. The luottosaaja’s ability to meet obligations is assessed through creditworthiness, and the party is typically subject to credit checks and reporting to credit information registers. If the luottosaaja fails to fulfil obligations, the lender may take enforcement actions, apply late charges, or seek collateral, depending on the contract and applicable law.

The term is usually contrasted with luotonantaja, the lender. Related concepts include velallinen (debtor), velka (debt), luottokelpoisuus (creditworthiness), and luottotieto (credit information). The concept is used in both consumer and corporate lending in Finland and is understood in formal financial and legal contexts as a neutral designation for the borrower.