This article on CNNMoney titled, Facebook Friends Could Change Your Credit Score is stirring up discussions on the use of Social Media in determining credit worthiness.
While most of the article deals with business to consumer credit outside the United States, a company called Kabbage extends business credit by reviewing the businesses online payments accounts giving extra credit to a business that pays attention to customer service through Twitter and Facebook.
Take a look at the article. What do you think of Kabbage’s credit approach to lending money to businesses?
Post your opinions here!