The obligor is the obligated party (obligated to pay) – but the party isn’t always a person.

The obligee is the person or entity that benefits from the legal agreement with the obligor. Just like you can’t have a testimony without a test – you can’t have an obligee without an obligor.

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Your Guide To Short-Term Personal Loans Wedding Loans: Everything Couples Need To Know Personal Loan vs. Car Loan: What’s the Difference? Co-Signer vs. Co-Borrower: What’s the Difference? Garage Financing and Loan Options What To Know About Cash-Back Auto Refinancing How To Legally Avoid Paying Sales Tax on a Used Car What Is Refinancing a Car Loan and When Does it Make Sense? How To Transfer a Car Title What Does Manufacturer’s Suggested Retail Price (MSRP) Mean? What Does Out-the-Door Price Mean? How To Trade in a Car When You’re Still Paying Off the Loan