Facebook Friends Could Be Responsible For Your Credit Score

As Facebook Inc (NASDAQ:FB) and other social media move into more parts of our lives, it should be no surprise that they are starting to impact people’s credit scores. Multiple startups are rating people’s trustworthiness using social data, like whether or not your friends pay their bills on time, which isn’t captured by the traditional FICO score, writes Katie Lobosco for CNN Money.

"It turns out humans are really good at knowing who is trustworthy and reliable in their community," said Lenddo co-founder and CEO Jeff Stewart. "We're now able to measure...