Facebook Patent Would Allow Lenders To Determine Creditworthiness By Looking At Your 'Friends'
http://consumerist.com/2015/08/05/facebook-patent-would-allow-lenders-to-determine-creditworthiness-by-looking-at-your-friends/ "When an individual applies for a loan, the lender examines the credit ratings of members of the individual's social network who are connected to the individual through authorized nodes (connections)," the patent states. "If the average credit rating of these members is at least a minimum credit score, the lender continues to process the loan application. Otherwise, the loan application is rejected." - - - Keeping in mind that a patent doesn't mean you or anyone else ever intends to actually use it, this is still a royally stupid idea. --Lauren-- Lauren Weinstein ([email protected]): http://www.vortex.com/lauren Founder: - Network Neutrality Squad: http://www.nnsquad.org - PRIVACY Forum: http://www.vortex.com/privacy-info Co-Founder: People For Internet Responsibility: http://www.pfir.org/pfir-info Member: ACM Committee on Computers and Public Policy Lauren's Blog: http://lauren.vortex.com Google+: http://google.com/+LaurenWeinstein Twitter: http://twitter.com/laurenweinstein Tel: +1 (818) 225-2800 / Skype: vortex.com _______________________________________________ pfir mailing list http://lists.pfir.org/mailman/listinfo/pfir
