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by Sir_Substance 3228 days ago
>(I roll my eyes hard when people say stuff like "You should delete your Facebook account, you'll be better off.")

Your mortgage might be more expensive than it should be because of your facebook account.

https://www.ft.com/content/e8ccd7b8-6459-11e6-a08a-c7ac04ef0...

If the cost of your home increases by $10,000 in extra interest over the lifespan of the mortgage due to things your friends post on your facebook wall and you use facebook for 80 years of your life, will you still be happy with your $125 per year facebook subscription?

2 comments

So set your account to friends-only. It's easy and you should be doing it anyway.
Dude, Facebook is the one exporting the data. The friends only flag doesn't do shit.
Hah, if only that were true. That scandal would be so big that it would likely threaten Facebook's entire business as it would lead to lawsuits and Justice Department investigations. Facebook has a privacy policy and is required to abide by it. No manager would ever greenlight a program that actively violates that as they would get canned on the spot and there's very little benefit to them.

Don't get caught up in conspiracy theories. Facebook is actually really constrained in how much "evil" stuff they can do without you knowing.

Doesn't it follow that it might be cheaper as well? Especially for this audience
>Doesn't it follow that it might be cheaper as well? Especially for this audience

That's not up to you, credit score systems based on your social media profile examine your friends as much as they do you. Job prospects are also affected by how your friends post and present on facebook: http://theundercoverrecruiter.com/facebook-friends-matter/

Remember: How your friends express themselves affects your financial future, so work hard to keep them in line citizen!