Just call it “friendlining”
Facebook friend lists are a weird collection of your classmates, coworkers, distant relatives, former roommates, and other people you may have known at one point in your life. A new patent granted to Facebook would let lenders check those same friends’ credit scores and take them into account when deciding to grant a loan. It’s totally not something straight out of a cyberpunk dystopia.
(NaturalNews) If you’re one of the millions of people who have a love/hate relationship with Facebook, there are now even more reasons for hating the immensely successful social media giant.
You probably know that Facebook collects and stores your personal data and preferences to form a profile that it uses to generate advertising content targeted directly at you. But did you know that Facebook also looks at all the other websites you visit and stores that data, too? Facebook also collects your online search data along with some of the details you give to retailers when you purchase something. Continue reading