In this subtitle the following words have the meanings indicated. “Applicant” means any person who applies to a creditor: Directly for an extension, renewal, or continuation of credit; or Indirectly by use of an existing credit plan for an amount exceeding a previously established credit limit. “Commissioner” means the Commissioner of Financial Regulation. “Credit” means the right granted by a creditor to a debtor to: Defer payment of a debt; Incur a debt and defer its payment; or Purchase property or services and defer payment for it. “Creditor” means any person who regularly: Extends, renews, or continues credit for personal, family or household purposes; or Arranges for the extension, renewal, or continuation of credit. “Person” includes an individual, corporation, business trust, statutory trust, estate, trust, partnership, association, two or more persons having a joint or common interest, or any other legal or commercial entity.