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Monday, February 20, 2006

Avoiding Online Auction Fraud, Helpful Information From Your Friends At Bidville Auctions

While the vast majority of bidder/seller transactions on Bidville result in a positive exchange, there are some scam artists out there who ruin it for everyone. Here are a few tips on what to look for and how to protect yourself from online auction fraud on any auction site.

Tip #1 - Do Your Research. The golden rule to avoiding online auction fraud is to "Do your research." Do your best to get familiar with the seller you are purchasing from. Check their feedback rating along with prior transactions. This will help you make a more informed and knowledgeable decision prior to making a purchase. This also can give you helpful insights into how the seller conducts their business as well as inform you of any recurring problems experienced by other online bidders. And be sure to always familiarize yourself with the sellers return policies as well as payment procedures prior to placing a bid. This can save you a lot of time and money in the long run.

Tip #2 - If it's too good to be true…If the item of interest seems too good to be true it most likely is. Do some homework on the cost of the item from different vendors. If the auction listing seems priced abnormally low… proceed with caution. If you feel uncomfortable when placing a bid take a moment to email the seller and ask questions about the item. As with all purchases, online or otherwise, the buyer must beware.

Tip #3 - Use more than one password. Your personal information is just that, personal, so try and keep it that way. Protect yourself from online fraud and theft by having a secure password for each online venue you use. Your password should vary from account to account and consist of both letters and numbers. Stay away from using parts of your username in your password.

Tip #4 - Never enter personal information in an email. Do not enter your credit card or other personal information in any email. When you are sending payment for your item make sure you are using a secure site by checking the site's SSL certificates. If the certificate is out of date or just not there be extremely cautious about what information you give out.

We hope this information helps you enjoy a safe & pleasant shopping experience on Bidville!

Bidville/angelsolutions

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