Re:Seriously? Ads?
by pbreit on Wednesday May 30, 2012 @11:34AM
(#4043272)
It's the opposite: Facebook data can mostly help out with fraud (identifying, authenticating users) and is nearly useless for assessing credit risk.
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Facebook data is not useless for assessing credit risk. People with high credit scores are likely to be connected to each other via social networks. The converse is likely also true.
Although it is controversial, banks seem to be starting to look at this.