Facebook Could Check Your Loan Applications Against Your Friends’ Credit

Posted: August 6, 2015 in Uncategorized

Global Geopolitics

Just call it “friendlining”

Facebook friend lists are a weird collection of your classmates, coworkers, distant relatives, former roommates, and other people you may have known at one point in your life. A new patent granted to Facebook would let lenders check those same friends’ credit scores and take them into account when deciding to grant a loan. It’s totally not something straight out of a cyberpunk dystopia.

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