Payday Pundit » Craigslist http://paydaypundit.org News and Information About The Payday Lending Industry Wed, 16 Jun 2010 11:24:02 +0000 http://wordpress.org/?v=2.9 en hourly 1 Craigslist as a new “alternative” to payday loans http://paydaypundit.org/2008/04/30/new-alternative-to-payday-loans/ http://paydaypundit.org/2008/04/30/new-alternative-to-payday-loans/#comments Wed, 30 Apr 2008 14:08:10 +0000 Payday Pundit http://paydaypundit.org/?p=208 According to this article, people are selling their possessions on Internet sites such as Craigslist just to make ends meet.  From the piece: 

At Craigslist, which has become a kind of online flea market for the world, the number of for-sale listings has soared 70 percent since last July. In March, the number of listings more than doubled to almost 15 million from the year-ago period.

Craigslist CEO Jeff Buckmaster acknowledged the increasing popularity of selling all sort of items on the Web, but said the rate of growth is “moving above the usual trend line.” He said he was amazed at the desperate tone in some ads.

I wonder if critics of the payday lending industry think this is a good idea.  

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