In the Philippines, credit checks based on social media profiles

In the Philippines, credit checks based on social media profiles

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Recruiters are already using social media sites to find out more about job applicants’ histories and personality, so it stands to reason that other industries might follow suit. Sure enough, Lenddo is a financial lender based in the Philippines that takes into account customers’ social network activity when determining their credit score.

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Enjoy this article? You may also be interested in our Financial Services Innovation Snapshot >>

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