Re: The Craigslist Credit Card
10-09-2012 07:38 AM
you could say the same about eBay and/or Paypal.
Much like you could compare a squid to a gorilla. Yes, they're both animals but they are actually quite different.
The way eBay works, there is always a 3rd-party record of the agreed-upon transaction. It's an auction, not a classified ad.
Craigslist is, as you might infer from the name, just a list of offers. The actual agreement and settlement of the transactions happens offline.
That's a much riskier environment to introduce credit issuance into.
My Wallet: Amex BCP $10k, Amex Zync NPSL (> 10k), Chase CSP VS $9.2k, C1 Venture VS $5k, Amex SPG $4.5k, Barclaycard Apple V $2k, Walmart (Store) $1.2k, Chase Freedom V $600, BoA Cash Rewards V $500, Best Buy Rewards MC $500
Dream Wallet:Barclaycard Arrival WMC (replace C1 Venture), Amex Platinum (replace Zync eventually), Andrews FCU Global V (chip + PIN for travel). Otherwise, pretty happy with my portfolio now.