14 GCA § 3106: Loan Defined.

Loan includes:

(a) The creation of debt by the lender's payment of or agreement to pay money to the debtor or to a third party for the account of the debtor;

(b) The creation of debt by the opening of an account with the lender entitling the debtor to draw immediately on the lender;

(c) The creation of a debt pursuant to a preexisting credit card or similar arrangement; and

(d) The forbearance of a debt arising from a loan.