Joining potential employers, educational institutions and life partners, lending companies are mining social media channels to determine individuals’ and businesses’ character and
creditworthiness. “Lending companies … are looking at potential problems, such as whether applicants put the same job information on their loan application as they posted on
LinkedIn,” The Wall Street Journal reports. “A small business that draws negative reviews on eBay also could undermine its chances of getting more credit, lending companies say.”
Read the whole story at The Wall Street Journal »