Penny auctions might be a fun way to try to get big ticket items at reduced prices. But in many ways, a penny auction is more like a lottery than a traditional online auction. In a penny auction, you have to pay to bid. Before you know it, you...
Tag: online auctions
No matter the circumstances, don’t agree to deposit a check from a stranger and wire money back. If the check bounces, you’ll owe the bank any money you withdrew. The Bait: You get a response to your ad or online auction posting,...
