Will lenders consider your social media presence?
A communication from a mortgage lender predicts that bankers and mortgage lenders will be looking at the social media presence of applicants as well as their spending and credit history. What shows on Facebook and Twitter accounts could help determine the stability of prospective borrowers.
Social media relationships with friends and family could impact the application. Those that appear to be unstable and those without a respectable social media presence would be at a disadvantage.
Time will tell if this prediction becomes reality but it is not a foreign concept since the success of job applicants may already be impacted by their social media presence.