13+ Easy Tips What Is A Credit Grantor. A grantor trust is a type of living trust in which the person creating the trust (the grantor) remains the owner of the assets and property in the. ‘cancelled by grantor’ on a credit report means that it is the creditor/lender which closed/cancelled an account (as opposed to a.
She was given credit for her work. A grantor can also be referred to as a trustor or a settlor. • account inactivity for some time.