Please create an account to participate in the Slashdot moderation system

 



Forgot your password?
typodupeerror
×
Businesses Social Networks The Almighty Buck

How Deadbeat Facebook Friends and Using ALL-CAPS Can Lower Your Credit Score 362

McGruber writes "CNN has the news that some financial lending companies claim that Facebook social connections can be a good indicator of a person's creditworthiness. One company determines if you are friends with someone who was late paying back a loan; if so, that is bad news for you. It is even worse news if the delinquent friend is someone you frequently interact with. Another company gathers information from the manner in which a customer fills out the online loan application. The chances of getting a loan improve if you spend time reading information about the loan on their website. Conversely, if you fill out the application typing in all-caps (or with no caps), you are knocked down a couple pegs in that company's eyes. A third lender requires that small business borrowers grant them access to the borrowers' PayPal, eBay and other online payment accounts (what could possibly go wrong with that?), thereby disclosing real-time sales and delivery information."
This discussion has been archived. No new comments can be posted.

How Deadbeat Facebook Friends and Using ALL-CAPS Can Lower Your Credit Score

Comments Filter:

An Ada exception is when a routine gets in trouble and says 'Beam me up, Scotty'.

Working...