Verboticism: Chekintodebt
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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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)
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.
Scamwow
Created by: Mustang
Pronunciation: SKAM-wow
Sentence: Having been hammered over and over by a recent infomercial about a wipe cloth, whenever Radcliffe 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' (con game with phony offers) and the exclamation 'wow',(expressing joy or surprise) a play on Shamwow, a former commercially advertised product.
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)
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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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
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)
Lendanger
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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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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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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