News for hackers. Stuff that matters.

A comment on Facebook Wanted Gizmodo to Kill Investigative Tool. Parent comment

Re:Facebook Wanted Gizmodo to Kill Investigative Tool by rfinney on Tuesday August 07, 2018 @01:44PM (#17708778)
Wouldn't it be interesting to a finance firm, insurance company or potential employer?
[ Parent | on HN ]
Re:Facebook Wanted Gizmodo to Kill Investigative Tool by jgalt212 on Tuesday August 07, 2018 @02:53PM (#17709455)
Yes, depending on the size of the loan a borrower would pay good money for such data on a single user.

That being said, a less nefarious use could be lender has a std mortgage rate of 4.25%, but if you give us a FB data dump, you can quality for a 4.00% rate.

[ Parent | on HN ]
Re:Facebook Wanted Gizmodo to Kill Investigative Tool by baud147258 on Wednesday August 08, 2018 @04:46AM (#17714141)
> That being said, a less nefarious use could be lender has a std mortgage rate of 4.25%, but if you give us a FB data dump, you can quality for a 4.00% rate.

Or, with your FB, the bank realize you have an higher risk of defaulting/dying before paying the full mortgage, so they bump the rate to 5%

[ Parent | on HN ]