Los Angeles, CA, August 07, 2011 --(PR.com
)-- WikiLoan, a leading peer-to-peer Internet borrowing and lending platform, has made a “Tools & Tips” page available to participants, containing all the information needed to enable smooth private loan transactions.
Peer-to-peer lending has become a popular online practice allowing individuals to build personal loan proposals that can be viewed online by friends and family. The WikiLoan platform, offers straightforward, legally binding documents that allow borrowers and lenders to structure loans to their unique needs without the hassle of dealing with banks.
The Tools & Tips page gives borrowers and lenders access to articles written on various aspects of peer-to-peer lending, including information about outlining the loan process, how to make money micro lending, investing in peer-to-peer loans, understanding the risks of peer-to-peer loans, how peer-to-peer lending is a viable alternative to banks and much more. The practice of peer-to-peer lending is gaining momentum in these difficult economic times, with tight lending restrictions shutting out a large portion of the population from obtaining funds they need to consolidate debt, start a business or perform home improvements.
Based in Southern California, WikiLoan was founded by Marco Garibaldi, an Internet pioneer, and Edward DeFeudis, a successful entrepreneur. Together, they founded WikiLoan to make the small loan process more efficient, and bring lenders and borrowers together to pursue new and exciting business and personal opportunities. For more information, visit WikiLoan online at www.wikiloan.com.