SOURCE: WikiLoan

WikiLoan

September 30, 2009 08:00 ET

WikiLoan Signs Agreement With Credit Counseling Provider

WikiLoan Adds Resources for Users in Financial Distress

DELRAY BEACH, FL--(Marketwire - September 30, 2009) - WikiLoan, Inc. (OTCBB: WKLI), a financial social network http://www.wikiloan.com, has signed an agreement with Debthelper.com allowing WikiLoan members in financial trouble to access credit counseling and debt management services.

Partnering with a non-profit organization that provides credit counseling, debt management, bankruptcy and housing counseling will equip WikiLoan members with immediate access to the necessary tools needed to make informed and educated financial decisions.

"WikiLoan was conceived to make lending more efficient and attainable during this financially difficult time. As the economy worsened and people's financial stability faltered, we felt compelled to seek a partner with an extraordinary reputation to provide guidance to our members to get their lives back on track," said Marco Garibaldi, WikiLoan CEO. "We are proud to be associated with this credit counseling organization."

About Debthelper.com

Debthelper.com is a 501c3 non-profit credit counseling agency dedicated to helping people with credit card debt, foreclosure or bankruptcy counseling, and first time home buying and credit education.

About WikiLoan

WikiLoan is a Social Network with a focus on finance. At WikiLoan.com, family and friends can borrow and lend money among themselves at rates suitable to their respective needs. The company's website provides repayment schedules and documentation for loans between family and friends, along with proprietary administrative tools, which enable users to securely pull credit reports and automate the loan repayment process.

Investors may contact: WikiLoan, Inc., 561-865-5310 or Frank Hawkins or Julie Marshall, Hawk Associates at 305-451-1888, e-mail wikiloan@hawkassociates.com.

WikiLoan's release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which represent the company's expectations or beliefs concerning future events of the company's financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. These factors include the effect of competitive pricing, the company's dependence on the ability of third party manufacturers to produce components on a basis which is cost-effective to the company, market acceptance of the company's products and the effects of government regulation. Results actually achieved may differ materially from expected results included in these statements.

Contact Information

  • Contacts:

    WikiLoan, Inc.
    561-865-5310

    Frank Hawkins or Julie Marshall
    Hawk Associates
    305-451-1888
    e-mail Email Contact