Discussion  - 
Deny that Friend Request: How Debt Collectors Utilize Facebook
FamZoo's profile photoAnthony Garcia's profile photoDebt.Org's profile photoCOLTRANE ACCOUNTING & TAX PREP's profile photo
Gary, enjoyed (if that's the right word :-) reading your post about how debt collectors trick people into becoming "friends" on social media and then use that access to monitor personal info as well as leverage your social graph to apply pressure through friends and family. Pretty nefarious. On a related "personal finance and social media" note, here's an article ( http://www.creditcards.com/credit-card-news/social-networking-social-graphs-credit-1282.php ) about how social media data is being mined to assess credit risk. One example is credit issuers making credit risk assumptions based on an applicant's social connections (i.e., the birds-of-a-feather-flock-together theory that if you associate with high credit risk folks, you're likely to be one too). Another example is lenders cross checking loan application data - like home address - with what they find in your social profile.

I'm a big social media fan, but people (kids & adults) definitely need to be aware of the unforeseen consequences that participation can have - in the personal finance realm and elsewhere.

Debt collectors have always used "interesting" tactics to "request payment." The privacy issues concerning the Internet, Facebook, and social media in general are ripe for gathering data that until recently, was not shared so freely.
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