Section 40-14-306 - Definition of "loan"(a) "Loan" includes: (i) 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; (ii) The creation of debt by a credit to an account with the lender upon which the debtor is entitled to draw immediately; (iii) The creation of debt pursuant to a lender credit card or similar arrangement; and (iv) The forbearance of debt arising from a loan.