Lenders Are Mining Your Social Media Profiles To Help Determine Your Credit Score

Lenders Are Mining Your Social Media Profiles To Help Determine Your Credit Score

Are you looking for a new credit card, or finance on a car? Perhaps you’re taking that first step with a mortgage, or simply want a loan from your bank towards an amazing holiday.

Well, let’s hope your social media behaviour is in good standing, as more and more lending companies are using Facebook, Twitter and other social networks to determine the creditworthiness of a borrower before they make a decision.

What are they looking for? Consistency, for one.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Spring Special

Save 30% Off an ADWEEK Subscription Today!

View Your Options

Already a member? Sign in