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Submission + - Deadbeat Facebook Friends and using ALL-CAPS lowers your Credit Worthiness (

McGruber writes: CNN has the news ( that some financial lending companies claim that Facebook social connections can be a good indicator of a person's creditworthiness. One company determines if you are friends with someone who was late paying back a loan; if so, that is bad news for you. It is even worse news if the delinquent friend is someone you frequently interact with.

Another company gathers information from the manner in which a customer fills out the online loan application. The chances of getting a loan improve if you spend time reading information about the loan on their website. Conversely, if you fill out the application typing in all-caps (or with no caps), you are knocked down a couple pegs in that company's eyes.

A third lender requires that small business borrowers grant them access to the borrowers' PayPal, eBay and other online payment accounts (what could possibly go wrong with that?), thereby disclosing real-time sales and delivery information. This lender claims it can determine a business' creditworthiness and put money into its account in just seven minutes.

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Deadbeat Facebook Friends and using ALL-CAPS lowers your Credit Worthiness

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