This is the act of a company or salesperson who had taken a customer to a second rate lending institution or in the auto industry what is called a "mouse house". These lenders such as HFC or Lending Tree grant loans to people with substandard credit scores and then charge very high interest rates. Being dipped is the act of helping the purchaser to obtain the 2nd loan and get the down payment cash for the principal loan.
" Hey Fred, you client needs $2000K down and you will needed to get them "dipped" if they don't have cash. "
" Their trade-in has $500 negative equity so get them dipped for $1500 which pay off their debt and give them a grand down if they don't have any cash."
" Their trade-in has $500 negative equity so get them dipped for $1500 which pay off their debt and give them a grand down if they don't have any cash."
by SeaPilot June 25, 2009
Get the dipped mug.by 1FreshCat May 4, 2010
Get the Dipped in Vaseline mug.Related Words
dipsed
• dipped
• dissed
• Dipped Cones
• dipped in sauce
• diesed
• dipped in butter
• dipped up
• dibsed
• Diped
Derrived from the song "Get Stupid" by Mac Dre. When someone refers to you as "dipped", its a shorthand for the term "Dipped In Butta". An example of someone whos dipped would be a greasy buttery kid.
by wavin it madly October 9, 2007
Get the dipped mug.A phrase used to refer to getting beat in a rather harsh and unusual way. Like owned, peaced out, punked, rocked.
by Dat nigga weezy January 4, 2008
Get the dipped in sauce mug.by grothreads February 21, 2009
Get the dipset mug.by animal chen August 29, 2009
Get the dipped spinach mug.when someone puts their penis is ones anus and the person being penetrated shits on the persons penis.
by cloostergirl December 26, 2017
Get the dipped bananna mug.