Swapadebt is now WikiLoan.com and is Live!

What was once SwapaDebt is now WikiLoan.com.  SwapaDebt in my opinion was a disaster.  They promised peer 2 peer lending, had users wait for their debut, launched their new web site, allowed registration, did not communicate with new registers, did not allow new listings, and simply never went anywhere!  The name change was a smart move for those who were frustrated with SwapaDebt.

WikiLoan now appears to be live.  Their website is allowing registrations and is communicating this time through email.  There are currently fourteen new listings for loans that look legit, not just test listings.  None of the listings have any funding yet maybe due to lack of investors.

WikiLoan.com screenshot

Also, Wikiloan.com is now trading on the OTC and progress can be monitored using ticker WKLI.OB.  Currently trading at .20 cents.

WikiLoan trading as WKLI.OB

We will keep an eye on the progress of WikiLoan.com and run a review once the site begins to fullfill lending demands.