Buyer Beware: Penny Auction Sites Fool Shoppers

We have all seen advertisements for those websites where you can score high-priced items for an unbelievable fraction of the cost – at least that is how they make it seem. In reality, each bid that a shopper makes, even if it is only a one-cent increase, costs the bidder up to $.50 to the dollar! These sites are capitalizing on the depressed economy and eagerness of the public to jump at the sight of a deal and it’s working. So, the next time you visit one of these site, exercise caution and remember the popular saying, “Buyer Beware.” For more information click here.