Contact Us
Make My Homepage

Could Your Facebook Friends Affect Your Credit Score?

Facebook affect your credit score
Dan Kitwood/Getty Images

If Facebook’s total lack of respect for your privacy (note: there’s really no such thing as ‘online privacy’) doesn’t bother you, or studies about how Facebook leads to depression doesn’t either, then maybe this will.

Apparently, now your Facebook friends can affect your credit.

There are a handful of new companies that are analyzing your Facebook friends to determine whether or not you’re a safe bet for credit.  If you have friends who are delinquent on loans or default on loans, it reflects badly on you.

For now, it doesn’t look like there’s any connection between your Facebook friends and your FICO score.  So being friends with a bunch of bad credit risks won’t drop you from, say, a 750 down to a 610.

But there’s no reason to think a company would only consider your FICO score for a loan in the future.  If they can get a better picture of you by looking at a second credit score, based on your Facebook friends, why wouldn’t they?

[CNN/Money]

More From 92.9 NIN

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://929nin.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on 92.9 KNIN Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on 92.9 KNIN Radio quickly by logging in with your Facebook account. It's just as secure, and no password to remember!