"We already know that debt collectors are turning to social networks to gather information about financial delinquents. Now lending institutions are trying to stop customers from even getting to the point of having to be trailed by a debt collector by turning to Facebook and Twitter for clues.
The Pittsburgh Post-Gazette reports that officers at the Lending Club and other financial institutions are looking at people's activities and friends on social networks; not just to verify identity and income, but as a way to enhance lending decisions that would otherwise be based entirely on credit score. Credit scores only rate a person's history of payment, they don't necessarily predict a person's ability to pay in the future. Things such as status updates referencing a job search or being fired might discourage an otherwise willing lender, regardless of credit score."
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Location Oakland, Ca - Private Investigator
California Closing Criminal Records
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SB-731 Automatically Sealing of Conviction and Arrest Records A social
justice bill that implements a system to prospectively and retroactively
seal conv...
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