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'I've been pre-approved for a new credit card?'

DEFINITION: v. To offer pre-approved credit, loans or sweepstake prizes in order to lock the some poor sucker into permanent usury. n. Junk mail, spam or telemarketing offers for pre-approved credit and loans.

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Verboticisms

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Telesharketing

artr

Created by: artr

Pronunciation: teləshärkiting

Sentence: Jill screens all her calls. She has her roommate sort through her mail, because she has found that she is far too susceptible to telesharketing. Next she may have to give up watching television.

Etymology: telemarketing (the marketing of goods or services by means of telephone calls, typically unsolicited, to potential customers) + shark (a person who unscrupulously exploits or swindles others)

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COMMENTS:

:) - galwaywegian, 2010-09-07: 04:58:00

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Gullibullmarketing

petaj

Created by: petaj

Pronunciation: gull-a-bull-mark-a-ting

Sentence: Connie's name was apt. She was adept at gullibullmarketing, and made a fortune luring young people into crippling 'debtitude' by scamming them with promises of a rosy credit based future

Etymology: gull (to fool someone) + bull market (optimistic market) + marketing (promoting products or services) + gullible (disposed to believing anything or being suckered)

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COMMENTS:

Bullseye! - silveryaspen, 2009-02-24: 15:10:00

Suitabull word! - Nosila, 2009-02-24: 21:57:00

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Credebt

Created by: rombus

Pronunciation: kred + det

Sentence: Lonnie just got a new credebt card. It gives him so much credit at such a high rate that he will never get out of debt.

Etymology: Credit and Debt - Credit (money made available to borrow) and Debt (the state of owing something)

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COMMENTS:

Meaning readily apparent, easy to say, a perfect pun, and sticks in the memory. Absolutely Brilliant! - silveryaspen, 2009-02-24: 14:34:00

That's probably how they spelled it originally...good word - Nosila, 2009-02-24: 21:59:00

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Spenderlochen

Created by: feltcap

Pronunciation: 'spen-dər'lä-kĕn'

Sentence: Their offer sounded enticing - she was spenderlochen, after agreeing to the terms of the contract she had to accept the loan, but she was still somewhat unsure of what she would have to do to pay back the debt.

Etymology: spender - one who spends prodigally, lochen (german) - to punch holes in OR to entice, also sounds like spender-lock-in

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Abusury

Created by: Nosila

Pronunciation: ab yuz yuree

Sentence: The real reason that there is a world monetary crisis is because of the abusury of banks, lenders, credit companies and insurers. All those "introductory low interest or interest-free" credit cards and lines of credit were the bait used to lure the innocent consumers into financial ruin! They are the credit crystal-meth designed to addict and enslave.

Etymology: Abuse (treat badly;change the inherent purpose or function of something) & Usury (an exorbitant or unlawful rate of interest)

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Lendanger

karenanne

Created by: karenanne

Pronunciation: len DAYN jer

Sentence: Aiyo Yu keeps getting calls from PityBank (motto: "We Want to Help You Feel Forever In Our Debt") offering her the "opportunity" to roll her balances on other cards "free of charge" into the card she holds from this particular company. She also gets mailings from the same company inviting her to apply for various-sized loans that would pay off all her debts and give her "just one convenient monthly payment." These lendangering practices are helping a lot - helping PityBank, that is. She doesn't seem to realize that rolling all your outstanding debts into one payment is only helpful if you actually pay down the balance every month, and don't run up new balances. Most of her paycheck is a lendangered species at this point.

Etymology: endanger + lend

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COMMENTS:

An all-too familiar tale, sadly! - Nosila, 2010-09-07: 21:10:00

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Mailfeasance

Pseudonym

Created by: Pseudonym

Pronunciation: mail-FEEZ-ance

Sentence: The cell phone contract that I "won" seems to be a case of mailfeasance.

Etymology: mail + malfeasance

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Spamscam

Created by: kateinkorea

Pronunciation: SPAM SCAM

Sentence: I couldn't believe it when I got an email that said "The Perfect Man Dating Site". I hate spam mail and I usually ignore it. But this one had come into my Inbox, so I convinced myself that maybe it had been sent to me by a friend. It advertised that only 10% of the members were women and the rest were good, decent, successful men all looking for women. They were having a contest to encourage more women to join these poor (um...but not poor) lonely men on this site. So of course I went on to the website and joined. This was worse than spam it was spamscam. It was one of the worst ever rip-offs. I visited the site several times over the next week. Later I got a bill for $548. I hadn't read through the terms of membership (in my haste) and now I owed this place money for having looked at these profiles.

Etymology: SPAM: unwanted mail SCAM: trick to cheat someone out of something or into something

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COMMENTS:

Turned out to be a very expensive date! - Mustang, 2009-02-24: 19:00:00

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Pawnfree

Created by: TJayzz

Pronunciation: Paw-n-fr-ee

Sentence: Now that the credit crunch is well under way many people will be forced to turn to buying on credit from those pawn-free credit offers. This means that you are entitled to free gifts and 0% for the first six months, then when you are completely hooked the rate goes up to 19% therefore having great difficulty keeping up the repayments.

Etymology: Pawn(a person who is used by others for their own purposes) + Free(Something given for nothing. OR IS IT???)

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COMMENTS:

pawnfree, as free as the wind blows - Jabberwocky, 2009-02-24: 09:18:00

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Scamwow

Created by: Mustang

Pronunciation: skam-wow

Sentence: Having been hammered over and over by a recent infomercial about a wipe cloth, wheneven Heathcliffe would see ads of any kind for those 'too good to be true' products or services he would involuntarily shout "Scamwow!", oftentimes startling people near him.

Etymology: Blend of scam and the exclamation'wow', a play on Shamwow, a commercially advertised product.

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Comments:

Verbotomy Verbotomy - 2009-02-24: 00:01:01
Today's definition was suggested by readerwriter. Thank you readerwriter. ~ James

readerwriter - 2009-02-24: 08:20:00
The thanks should go to my hubby who doesn't play, but loves to hear the defs!

Verbotomy Verbotomy - 2009-02-24: 22:59:00
Well lets give thanks to your hubby. Sounds like he has lots of good ideas! ~ James

Verbotomy Verbotomy - 2010-09-07: 00:00:00
Today's definition was suggested by readerwriter. Thank you readerwriter. ~ James