DEFINITION: v. To exclusively use credit cards, debit cards and/or electronic banking in order to avoid using, or even touching, old fashioned cash. n. A person who never pays for anything using real money.

Creditz

Created by: karenanne

Pronunciation: KREH dits

Sentence: Merry Spinder loves to buy everything on credit and has developed an elaborate system of rationalization for this habit. She is such a creditz that she reasons that she is actually making money doing this, because while the credit card company charges 8% interest on what she owes, the money that's sitting in her mutual fund earning interest is supposedly making more than that. Except she forgot that the stock market hasn't been doing too well lately, and, oh yeah, paying $39 late fees isn't helping her "make money" either. This is the same woman who in college thought that if she still had checks in her checkbook, that meant there was still money in the account!

Etymology: credit + ditz

Points: 1283

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