Don’t Post A Photo Of Your New Car Or House To Facebook If You’re In Debt

Many Facebook users post photos of new big-ticket purchases such as houses, boats, and cars. Unfortunately, some of those Facebook users are being less than truthful with credit bureaus and other financial firms about their incomes and assets. And those companies are starting to examine Facebook more closely, Bloomberg reports.

Many Facebook users post photos of new big-ticket purchases such as houses, boats, and cars. Unfortunately, some of those Facebook users are being less than truthful with credit bureaus and other financial firms about their incomes and assets. And those companies are starting to examine Facebook more closely, Bloomberg reports.

According to Bloomberg, firms including Equifax, PayPal, and Intuit are testing ways to analyze posts on social networks to sniff out crimes including identity fraud and financial fraud.

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