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Some financial lending companies have found that social connections can be a good indicator of a person's creditworthiness.
One such company, Lenddo, determines if you're friends on Facebook (FB) with someone who was late paying back a loan to Lenddo. If so, that's bad news for you. It's even worse news if the delinquent friend is someone you frequently interact with.
"It turns out humans are really good at knowing who is trustworthy and reliable in their community," said Jeff Stewart, a co-founder and CEO of Lenddo. "What's new is that we're now able to measure through massive computing power."
Originally posted by evc1shop
reply to post by MystikMushroom
Did you happen to look at that item online prior to purchase or possibly afterwards to ensure you got a good price etc.? If you did, it is more likely that is where the information came from, a cookie about your search item.
Originally posted by MystikMushroom
I should spend $100 on random crap from random stores just to see what happens.
-tube of preperation h
-roll of saran wrap
-jar of peanut butter
I wonder what that would do for their data collection bots?!
Originally posted by James1982
I already have enough issues functioning in this society because I refuse to get a credit card, which makes it extremely difficult to find places to live, and get jobs as many employers run credit checks on employees.
Now since I don't have a facebook and refuse to get involved with this ridiculous social "networking" things will get even harder?
"He has no credit and doesn't have a facebook, he is not acceptable for this apartment, job, etc"
What a stupid concept. I hope zuckerberg gets in a car crash, that guy has done so much damage to this country already, and it's not going to stop soon. All the dummies on facebook are obviously at fault too.