Facebook Patent Would Allow Lenders To Determine Creditworthiness By Looking At Your ‘Friends’
Earlier this year Facebook announced it would dip its toes into the pool of mobile payments by launching a system that allowed users to send money to friends via the Messenger app. Now it appears the company may take things a bit farther after receiving approval for a patent this week that would allow creditors to determine whether or not someone is worthy of a loan based on their circle of friends on the social networking site.
Employers asking for passwords, making judgements based on your likes or dislikes. Be careful what you say out of your FACE. People being people will dig and find some stupid comment you made 10 years ago and cram it down your throat. Imagining all kinds of worthless garbage to pull you down. Nevermind the law and it's social codes and procedures. Social banishment is a bitch!