I just had someone offer to purchase a motorcycle I posted on Craigslist, using Paypal. After reading the FAQs I learned a few things. However, how can I protect myself against someone using a lost or stolen credit card to purchase from me. I understand that even if the payment goes through and then the card is reported, etc, I can lose my bike, my money and everything. Are there any other issues I should be aware of before I complete a transaction like this? I already know not to receive overpayment or not to wire the difference to the buyer's shipper.
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