Facebook and Your Credit Score
Scary.
So, one of the sort of more surprising findings in the book was that banks are beginning to look at people’s Facebook friends and their credit ratings in order to decide to whom to offer credit. And this is based on this fact that, you know, if you look at the credit ratings of people, you can make predictions about the credit ratings of their friends. It’s very creepy, though, because really what you’re saying then is that it would be better not to be Facebook friends with people who have lower credit ratings. It’s not really the kind of society that we want to be building, particularly.
— Eli Pariser author of The Filter Bubble on Democracy Now! from way back in May this year.
Facebook, Twitter and Google are not “society.” Social networks will break down eventually. Stuff like this is a tell-tale sign that the wrong people have taken control of an online world that used to be fun and games.
