Financial institutions are using social media to build credit profiles – Pittsburgh Post Gazette


See on Scoop.itten Hagen on Social Media

See on Scoop.it – Leadership and Management Financial institutions are using social media to build credit profiles Pittsburgh Post Gazette The personal information that friends share on social media websites is being used by a growing number of financial institutions to build a credit… See on www.po

Laurens ten Hagen‘s insight:

The personal information that friends share on social media websites is being used by a growing number of financial institutions to build a credit profile for potential borrowers, in addition to the official credit report. How that information can — or should — be used by lenders is still up for debate.

Read more: http://www.post-gazette.com/business/2014/02/14/Financial-institutions-are-using-social-media-to-build-credit-profiles/stories/201402140059#ixzz2tHSc6yUG

See on networkedblogs.com



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s