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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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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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Flimflamscamjam

artr

Created by: artr

Pronunciation: flimflamskamjam

Sentence: Trudy found herself paying for one credit card with the next one. She couldn't wait for the mail to deliver the next pre-approved offer. She was in a complete flimflanscamjam. Her financial plan can be compared to fire walking. If she hesitates at all she is gonna get burned.

Etymology: flimflam (a confidence game) + scam (a dishonest scheme; a fraud) + jam (an awkward situation or predicament)

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COMMENTS:

This is one of those "Can't say it 10 times fast" words. - wayoffcenter, 2009-02-24: 07:19:00

New idea for a sammich: Peanut butter and flimflam jam. Good word! - Mustang, 2009-02-24: 19:02:00

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Owemen

Created by: Nosila

Pronunciation: o men

Sentence: Carol could not believe her luck. She had gotten in her mailbox the chance to get a pre-approved credit card. It was low interest (2%) for the first 3 months and then ballooned to 30% after that. She wanted to apply, but talked to her Mom first. Her Mom made her rip up the offer and chuck it away. She told her such a come-on was an owemen...she would owe men money for the rest of her days if she signed up!

Etymology: Owe (be in debt) & Men (people) and play on Omen (a prediction of your future)

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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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Debtbillitation

Created by: Jabberwocky

Pronunciation: det/bil/i/tay/shun

Sentence: Offering credit cards to students who have just incurred huge loans is debtbillitation and shouldn't be allowed.

Etymology: debt + bill + debilitation (enfeebling)

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COMMENTS:

I think they should make that a real word! - kateinkorea, 2009-02-24: 07:55:00

Terrific! - TJayzz, 2009-02-24: 10:43:00

Owe! Owe! Good One! - silveryaspen, 2009-02-24: 14:41:00

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Bankruptyee

Created by: splendiction

Pronunciation: bank rupt yee

Sentence: "SCAM mail coupons for fast, easy, credit! Our promise is to bankruptyee with any use! (For best results, use consistently). Now offered: specials that will keep you in the red forever!"

Etymology: bankruptyee v. From bankruptcy (to declare insolvent) and "ye" - old term for you (second person singular). Meaning: to "bankrupt" an individual.

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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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Edmcmahonuever

Created by: Nosila

Pronunciation: ed mc man oover

Sentence: Stella got that important-looking envelope in the mail for the first time. You know, the one that says, "You May Already Be A New Homeowner"! Her heart started beating faster as she read the large print. Was it really possible after living in basement suites and studio apartments all her adult life, that she could actually have won a home of her own??? Her head swirled with fantasy with each sentence she read. The possibilities...more than one bedroom and bathroom, a lovely garden, a garage, a patio, loads of room for entertaining and room for a dog or two! In other words, all the things she could never afford working at the convenience store. All she had to do to win the house was order a pre-approved credit card at 36% interest and order a few magazines. She looked through the selection of publications, trying to find one or two that actually might interest her. Popular Mechanics, BodyBuilder, Crochet Today, HangGlider's Weekly, Parenting...gee, not much here to make her want to read them once, never mind a 3 year subscription. She settled for Convenience Store Monthly and Buyer Beware, sent in her entry forms and payment. At first she was excited, but disappointment grew at not hearing anything back for weeks. One early morning, a van, a marching band, champagne, flowers and a TV crew showed up at her door. Stella answered it in hair rollers, shaggy slippers and a distressed housecoat, with a green cosmetic mask stuck on her face. She had won the House!!! She was awestruck, her mask cracked and peeled as she jumped up and down. The house she had won was ironically the one that Ed McMahon had been foreclosed on and now she was the proud owner. This edmcmahoneuever had worked in her favor!

Etymology: Ed McMahon (TV Personality also known as spokesperson ofr Publishers' Clearing House whose tagline "You may already be a winner" has lured millions to sign up for magazine subscriptions and merchandise in order to be entered into their Sweepatakes Draw. In latter years,ironically, Ed has faced bankruptcy, being sued by creditors, suing various people himself and mortgage foreclosures for non-payment). & Maneuver (an action aimed at evading an opponent;a move made to gain a tactical end;a deliberate coordinated movement requiring dexterity and skill)

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COMMENTS:

A Real Prize Package! - silveryaspen, 2009-02-24: 14:45:00

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Fiscalwrecktitude

Created by: galwaywegian

Pronunciation: fiss kal rek tit ewed

Sentence: When the sales director of ostrich holdings offered her a chance at fiscalwrecktitude through a fixed rate extortion on her mentgage, she was confused.

Etymology: fiscal rectitude, wreck

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COMMENTS:

so am I (confused that is) but I love the word - Jabberwocky, 2009-02-24: 09:01:00

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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