reference to any given extension of credit, refers to any person to whom
such extension of credit is made, or to any person who guarantees the
repayment of that extension of credit, or in any manner undertakes to
indemnify the creditor against loss resulting from the failure of any
person to whom that extension of credit is made to repay the same.
General Statutes § 53-389 (a) (3) (applies to Extortionate Credit
Transactions, §§ 53-390 -- 53-392).