For any of you who make money online from GPT (get-paid-to) sites you have probably heard of Swatcash. They had been a major player in the GPT arena for a while up until now. So, what happened to Swatcash? Swatcash.com has died and is no more which comes as a shock to many, including me. Swatcash had been my 2nd favorite GPT site after Cashcrate.com.
Swatcash filed for bankruptcy and rumor has it this all came about because of poor planning with money on their part. They tried to expand their company too quickly and put a lot of money out there for various contests they held and for big payouts they had on their site, and they did not have enough money saved to continue on in their business. Also several companies were late on paying them as well.
For those of you who loved Swatcash for making money online this may come as sad news. I am still glad Cashcrate.com is going strong and I highly recommend them for those of you who want to make money online from free paid surveys.
Friday, December 26, 2008
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4 comments:
I had not heard that Swatcash went under! When did this happen?
I believe it happened within the past month.
Happy New year!! Wishing you all the best in 2009. Good life & Good health. More blessings to all of us. Cheers!!
Thank you pinay, happy new year to you as well!
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