Mortgage News

Mainstream banks not liking Facebook

Monday 27th of January 2014

247moneybox.co.nz is asking for applicants’ Twitter and Facebook usernames as part of the application process.

Its chief operating officer, Mark Hannay, said it would allow the company to make more accurate and reliable credit decisions.

So far, no one has been turned down on the basis of something found on social media. But he would not rule it out if there were posts about havin...

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