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[–] didntsayeeeee 0 points 7 points (+7|-0) ago 

Seems too easily gamed to be useful.

Still, it's common enough when patenting something to defensively patent everything you can think of that's adjacent to it.

This is just standard-issue media outragebait.

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[–] Feeling_my_goats 0 points 4 points (+4|-0) ago 

Headlines are important to stories. How about this: "Facebook patents technology that using borrower's acquaintances helps to improve risk calculation. Low risk borrowers expected to save millions in lower interest rates."

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[–] Bing11 0 points 2 points (+2|-0) ago 

Yay! Someone who understands risk calculations!

[–] [deleted] 0 points 2 points (+2|-0) ago  (edited ago)

[Deleted]

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[–] Snagglerock 2 points 0 points (+2|-2) ago 

Of course we all know everything about our 500 friends and acquaintances.

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[–] merton ago 

So what if they did it based on the color of skin? Religion? Sex? Sexual orientation?

If it is backed by statistic, is it fair to use?

[–] [deleted] ago 

[Deleted]

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[–] polygontranslucent ago 

I don't buy it, banks make money lending money ............ they're not going to deny loans based on social media connections.

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[–] qzxq ago 

There have been cases of people having their face book profiles checked by possible employers, even employers asking for the password for the facebook account, iirc

this annoyed enough people that there are laws against this in some states

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[–] JTMTL ago 

Mark, we trusted you. Don't you have enough money already? Why help money lenders get richer.

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[–] newoldwave ago 

The first thing a lender looks at is a person's character and social contacts say a lot about that. I think it's legit.

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