Verboticism: Debtbillitation
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.
Voted For: Debtbillitation
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Mortalgage
Created by: Stevenson0
Pronunciation: mort/al/age
Sentence: The sales pitch and the rates were good we decided to lock into a 60 year mortalgage.
Etymology: MORTALGAGE - from MORTAL + MORTGAGE or MORTAL + ENGAGE
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COMMENTS:
very clever - Jabberwocky, 2009-02-24: 08:59:00
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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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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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Voted For! | Comments and Points
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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Flimflamscamjam
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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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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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
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)
Baitmail
Created by: silveryaspen
Pronunciation: bayt mayl
Sentence: Perhaps every money business spends millions on baitmail, because it allows them to reel in big bucks. The minute you bite, they give you the bait and switch. They switch to arisenterest, feemonsters, and so many numerous damnold-trumped-up-charges, you'll think you've been held up ... and measured up as the biggest sucker of all!
Etymology: BAIT, MAIL is a also a form of HATE MAIL. /// Bait - any enticement used to lure or attract. Mail -anything sent thru the postal system. Hate mail - malevolent mail; also mail we strongly dislike getting.
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COMMENTS:
Song of the Day: Mr. Postman, Send Me A Dream! - silveryaspen, 2009-02-24: 01:07:00
I like it. - kateinkorea, 2009-02-24: 07:57:00
great word - Jabberwocky, 2009-02-24: 09:19:00
Good word...A cute guy might be baitmale, especially if he's under age! - Nosila, 2009-02-24: 22:01:00
Baitmail won't fit in an envelope ... baitmales are found in a totally different baitsite on the endearnot! - silveryaspen, 2009-02-25: 02:37:00
wonderful word, describes the situation exactly. - rombus, 2009-02-25: 15:53:00
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Failout
Created by: artr
Pronunciation: feylout
Sentence: Denise was excited to get another "special" credit card offer. How could she turn it down? She was pre-approved. One more piece of plastic, one more failout...
Etymology: fail (to fall short of success) + bailout (an instance of coming to the rescue, especially financially)