Man auctions debt on eBay

05 February,2009 12:00 PM IST |   |  Agencies

A Massachusetts man said he is using technology to combat his family's debt by auctioning his $22,000 credit card debt on eBay


A Massachusetts man said he is using technology to combat his family's debt by auctioning his $22,000 credit card debt on eBay.

The 29-year-old man wrote on the eBay posting that he and his 26-year-old wife both lost their jobs in the current economic recession and missed a mortgage payment on their home.

The man said he is hoping for 2,500 eBay users to each bid $10 to help reduce the debt. He said each bidder will receive a photo of the couple with their 2-year-old daughter and a thank you card.

This is a very humbling time for me, and I'm looking to do everything I can to support my family, wrote the man, who uses the eBay name speedwerx.

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