Loanio… oh Loanio!
October 23rd, 2008Loanio… oh Loanio… why did you waste my timio!!
If you pay attention to peer lending sites, you may have noticed how long Loanio.com made users wait for their grand opening. They made several announcements of predicted dates of launch, however didn’t follow through. Well… now they are open and according to their logo allow “Peer Lending For Everyone”. Unfortunately, as it turns out.. it isn’t for everyone. Most users can lend with the exception of two States. However, most users can’t borrow as seen on their licensing map https://www.loanio.com/statesonmaps. I am positive more States will be open for borrowing as time goes by, however they need to let people know before sign up. It was a waste of my time to provide all my information to the company just to discover my use of the site was limited.
Loanio.. oh Loanio.. tell people they can’t use your site before they submit their personal information! I hope you get your licenses under control because I can’t wait to do a review of your site once I’m allowed to use it.
