WikiLoan, Inc., pioneers in the bold new frontier of financial social networks and proprietors of – a website providing a powerful person-to-person framework for borrowing and lending – recently announced that it will begin a marketing campaign investors have been looking forward to for a long time.

Founder and CEO of WKLI Marco Garibaldi spoke of the effort and time that has gone into bringing the technology (on which this innovative new “peer-to-peer lending tools platform” is based) to maturity, and noted that the Company was finally in an ideal position, and the time finally right, to begin a marketing push. offers family and friends a unique and comprehensive toolset for borrowing and lending money among themselves, providing repayment schedules, documentation for the loan process, and access to a proprietary suite of administrative functions which allow users to do secure credit report analysis in an intuitive environment that allows the repayment process to be automated.

Free membership on WikiLoan means users can get started right away, becoming comfortable with the tools at their disposal, which include features like the automated payment reminders, lender portfolio balance sheets, and payment schedules, as well as a complete breakdown of transaction histories and the archiving capabilities for promissory notes.

Borrowers pay a $15 fee when they create a loan listing. This process verifies their identity and initializes their WikiScore, which is derived from the borrower’s credit rating. The borrower can then invite friends to view the listings.

When an appropriate lender is found, WikiLoan compiles the Promissory Note for a $35 fee, while lenders only pay a 1/12th of 1% fee to use WikiLoan’s management tools based on the per-month adjusted outstanding principle of the loan.

The simplified, automated tools this online portal provides users an unprecedented level of efficiency and affordability. Borrowers can create a loan listing from $1,000 to $25,000 in no time at all via a simple process, and then determine the repayment rate, get their WikiScore, and start bringing in people to their network to check out the listing.

Lenders who receive an invitation can check the borrower’s WikiScore, debt-to-income ratio and loan repayment schedule all in one unified and comfortable environment where additional tools to take the process forward are right at their fingertips.

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