Established Contributor
Posts: 637
Registered: ‎07-24-2012
Re: The Craigslist Credit Card

The problem with this idea is that Craigslist is ground zero for seller scams, bait-and-switch sellers, and unwarranted buyer remorse by buyers who got a more-than-fair deal.

 

The chargebacks would kill this card within 90 days.

 

"wherever lots of cash is changing hands credit is never far behind" may be true in most instances, but there's a reason why black markets tend to be cash economies.  Smiley Wink

Starting: EQ 622 (myFICO 7/7/12), EX 696 (TU FAKO 8/14/12), TU 621 (CK TransRisk 7/24/12), Total CL $1k on 2 TLs
Current: EQ 709 (CCT 2/4/15), EX 704 (CCT 2/4/15) , TU 702 (CCT 2/4/15), Total CL $110.3k on 14 TLs Goal: 740+ x3
My Wallet: Amex BCP $30k, Chase United Explorer $16k, Amex SPG $13.5k, Barclaycard Ring MC $12.5k, Chase CSP VS $12.2k, Discover it $10.5k, C1 Venture VS $6.5k, Chase Slate $3.5k, Amex Hilton Surpass $2k, Barclaycard Apple V $2k, Chase Freedom V $1100, BoA Cash Rewards V $500, Citi BestBuy $500
My Loans: Prosper $25k/36mo, Prosper $17k/36mo
My Business: Chase Ink VS $5k, Amex BRG NPSL (> 10k),