Could your 'Friends' affect your lending options? Yes.

Could your 'Friends' affect your lending options? Yes.

Posted: Updated:

Could the 'social' company you keep determine the loan amount you qualify for? For some newer, start-up lending companies, the answer is "Yes."

They're going to an applicant's Facebook and Twitter pages and reviewing their Friends list in order to assess the applicant's potential lending risks. In some cases, the lending company will check whether the applicant is a Friend with a person who has defaulted on one of its loans.

Other lending companies will use an applicant's Facebook or Twitter profile to fact check the information provided in a loan application.

Click here to read more about this report at FOXBusiness.com.

  • More National NewsMore>>

  • Humanist group suing school district over Pledge of Allegiance

    Humanist group suing school district over Pledge of Allegiance

    Tuesday, April 22 2014 3:34 PM EDT2014-04-22 19:34:41 GMT
    A humanist group is suing a New Jersey school district over the Pledge of Allegiance phrase “under God.” According to a Fox News report the group is suing on behalf of a New Jersey family that believes the phrase is discriminatory toward atheist children. The lawsuit against the Matawan-Aberdeen Regional School District was announced Monday by the Washington D.C. based advocacy organization American Humanist Association. The group says the phrase "marginalizes atheist and humanist kids as som...
    A humanist group is suing a New Jersey school district over the Pledge of Allegiance phrase “under God.” According to a Fox News report the group is suing on behalf of a New Jersey family that believes the phrase is discriminatory toward atheist children. The lawsuit against the Matawan-Aberdeen Regional School District was announced Monday by the Washington D.C. based advocacy organization American Humanist Association. The group says the phrase "marginalizes atheist and humanist kids as som...
  • Fox News Poll: Independents more likely to back anti-ObamaCare candidates

    Fox News Poll: Independents more likely to back anti-ObamaCare candidates

    Tuesday, April 22 2014 3:02 PM EDT2014-04-22 19:02:17 GMT
    Most voters say ObamaCare will play an important role in their vote in this year’s elections, and over half are more inclined to back the candidate who opposes the health care law. That’s according to a Fox News poll released Monday.The new poll asks voters what they would do if the only difference between two congressional candidates is that one promises to fight for the health care law and the other promises to fig...
    Most voters say ObamaCare will play an important role in their vote in this year’s elections, and over half are more inclined to back the candidate who opposes the health care law. That’s according to a Fox News poll released Monday.The new poll asks voters what they would do if the only difference between two congressional candidates is that one promises to fight for the health care law and the other promises to fig...
  • Humanist group sues school district over 'under God' in Pledge of Allegiance

    Humanist group sues school district over 'under God' in Pledge of Allegiance

    Tuesday, April 22 2014 1:31 PM EDT2014-04-22 17:31:03 GMT
    A national humanist group is suing a New Jersey school district on behalf of a family that believes the phrase "under God" in the Pledge of Allegiance is discriminatory toward atheist children.
    A national humanist group is suing a New Jersey school district on behalf of a family that believes the phrase "under God" in the Pledge of Allegiance is discriminatory toward atheist children.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices