How Social Networks Can Augment Your Credit Score

With the social profile being a more integral part of our daily lives, credit companies are starting to take an interest in what we’re saying, and how we operate online. Bad credit and a lack of financial tools — such as a bank account — has led to a lot of people to be excluded by the lending industry. But soon your Facebook likes might help you to get that loan.

One lending startup, LendUp, is using a mix of traditional credit score data and information from your social media accounts to get a fuller picture of you as a client.