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Lenders Using Social Media to Learn About Borrowers 

Jan 21, 2014By

Lending companies are turning to social media as an underwriting tool that can help determine a prospective borrower’s creditworthiness, writes the Wall Street Journal.  Social media can be used to cross-check whether the same job information prospective borrowers list on their application is also posted to Facebook or LinkedIn, says the WSJ. Negative reviews a […]

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