1 comment

[ 2.0 ms ] story [ 15.6 ms ] thread
Lenders and credit score companies already have enormous influence and access, do we really need to open the door to our friends and family? I suppose this is in line with previous reports of users getting different quotes based on what browser they use — admittedly your friends are probably a better measure of your credit — but it's yet another dive into your personal life by creditors.

I think Facebook's going to find that if your social network can directly impact your money, people are going to behave differently. I can think of at least 50 friends I'd cut today under such a scheme. How does that help Facebook if suddenly its users have fewer connections?