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Amigo research reveals that lenders are snooping on customer FB accounts

The Sun, 23 May 2014

Some lenders are sneaking a peek at your social media profiles before deciding whether to give you cash

A few are even going as far as asking how many Facebook friends you have - in order to work out if you will splash the cash on big nights out.

Seven in ten consumers say they are "disgusted" by the practise of "social media spying" and a third would consider shutting down their profiles before applying for a loan.

James Benamor, founder of Amigo Loans, which compiled the survey, said: "It's no wonder borrowers aren't happy about this. Lenders should only be judging if someone is credit-worthy by their ability to pay a loan back."

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