Facebook friends with bad credit could hurt your credit, too - WAFB 9 News Baton Rouge, Louisiana News, Weather, Sports

Facebook friends with bad credit could hurt your credit, too

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Facebook friends could keep you from getting a new loan in the future. Facebook friends could keep you from getting a new loan in the future.
CINCINNATI, OH (FOX19) -

Be careful who you friend on Facebook. There are now companies, like LendDo, that are using information about whether the people in your social media network are late making payments. They claim there's a correlation with you being late, too.

That could impact whether you're approved --- or rejected --- for loans with certain companies.

But some people in the financial industry are skeptical of the supposed link between your Facebook friends and your credit worthiness. They plan to keep using credit scores to determine whether you can buy a new car or house. 

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