How your Facebook profile can affect your credit

Published: Monday, November 02, 2015 @ 6:12 PM
Updated: Monday, November 02, 2015 @ 6:12 PM

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Many people are guilty of over-sharing on Facebook -- whether they realize it or not -- and the potential consequences of what people post on social media are getting even worse.

There once was a time when the only thing at stake was your reputation, but those days are long gone. Most people are well aware of the potential risks of social media these days, and it's no secret that a Facebook post can get you fired from a job or prevent you from getting a job in the future.

But your Facebook profile now poses a new threat -- to your credit score.

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According to a report by the Financial Times, some of the top credit rating companies are now using people's social media accounts to assess their ability to repay debt. So if you want to be able to qualify for a loan and borrow money, this is just another reason to avoid saying certain things on Facebook.

“If you look at how many times a person says ‘wasted’ in their profile, it has some value in predicting whether they’re going to repay their debt,” Will Lansing, chief executive at credit rating company FICO, told the FT. "It's not much, but it's more than zero."

Lansing said FICO is working with credit card companies to use several different methods for deciding what size loans people can handle, and using non-traditional sources like social media allows them to collect information on people who don't have an in-depth credit history. According to the FT, both FICO and TransUnion have had to find alternative ways to assess people who don't have a traditional credit profile -- including people who haven't borrowed enough to give creditors an idea of what kind of risk they pose.

According to Lansing, FICO is "increasingly looking at data on a spectrum" to determine an individual's credit-worthiness -- with credit card repayment history being the most important factor on one end and information volunteered via social media on the other end.

And social media isn't the only alternative source factoring in to people's credit-worthiness. Credit rating companies are also using individuals' payment history on phone bills, utility bills and even movie rentals. One good sign to creditors is if someone hasn't moved a lot -- which could suggest they've had problems paying rent.

“We can now score the previously un-scoreable,” said Jim Wehmann, executive vice-president for scores at FICO.

And while this may be a great way for more people to get access to loans, it's also a wake-up call for those "previously un-scoreable" people to clean up their digital footprint -- and fast.

Florida group raffles off rifle to benefit children's program

Published: Saturday, January 20, 2018 @ 5:50 PM

An assault rifle is a prize in a raffle to raise money for programs to help disadvantaged children. (Photo: WFTV.com)
An assault rifle is a prize in a raffle to raise money for programs to help disadvantaged children. (Photo: WFTV.com)

An assault rifle is a prize in a raffle to raise money for programs to help disadvantaged children.

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Channel 9 found out that phone calls to buy tickets for the raffle go to three Central Florida county jails.

The flyer advertising the raffle was created by the Florida Council on Crime and Delinquency.

It advertises a chance to win an AR-15 rifle. There are phone numbers on the flyer to buy $20 tickets.

Every one of the numbers directs the caller to someone's desk at the Orange, Seminole and Osceola County jails.

Some were perplexed by the offer.

“Probably a good value, but it’s very bizarre and counterintuitive,” said Andrew Shure.

Information on the raffle to win the $1,200 gun was tweeted by the St. Cloud police.

The local Florida Council on Crime and Delinquency chapter said the $6,800 or so raised would be used for community projects, like buying gifts for underprivileged children.

“They could raffle off a car or something other than a gun. That doesn’t make sense to raffle off a gun,” said Laura Stephenson.

Officials in Orange and Seminole counties seemed surprised that calls for information about the AR-15 raffle were going to county jail offices.

There is an asterisk on the flyer that said the winner must comply with applicable laws and background checks.

A member of this organization said that they won't really be handing over a rifle to the winner, but instead a certificate they can use to pick up the gun.

Researchers find meteorites from Michigan meteor

Published: Saturday, January 20, 2018 @ 5:06 PM

A piece of stony-iron meteorite sits on a display during a press conference, Friday, Jan. 19, 2018, at the Longway Planetarium in Flint, Mich. Longway Planetarium astronomers have located three meteorites, after a meteor broke apart about 20 miles over Earth Tuesday. Most of the meteorite’s fragments landed in Hamburg Township, Mich. The meteor will be sent to NASA for analysis. (Bronte Wittpenn/The Flint Journal-MLive.com via AP)
Bronte Wittpenn/AP
A piece of stony-iron meteorite sits on a display during a press conference, Friday, Jan. 19, 2018, at the Longway Planetarium in Flint, Mich. Longway Planetarium astronomers have located three meteorites, after a meteor broke apart about 20 miles over Earth Tuesday. Most of the meteorite’s fragments landed in Hamburg Township, Mich. The meteor will be sent to NASA for analysis. (Bronte Wittpenn/The Flint Journal-MLive.com via AP)(Bronte Wittpenn/AP)

Researchers with the American Meteor Society found two meteorites just days after a meteor lit up the sky across part of Michigan, according to a tweet from AMS.

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“We are happy and excited to report, two meteorites from the Jan. 16th fall have been found in Michigan,” the Thursday tweet said. “Congratulations to Robert Ward and Larry Atkins on the first two reported finds.”

A group from Longway Planetarium and the Farmington Community Stargazer also recovered a meteorite and planned to share more details about its discovery, according to WDIV.

The meteorites were found near Charlotte, Michigan and near Whitmore Lake, according to WDIV. The AMS received more than 650 reports of a fireball from people in Michigan, Ohio and Canada.

Women's marches, events taking place across nation

Published: Saturday, January 20, 2018 @ 12:20 PM

WATCH: Scenes From 2018 Women's March

A series of women’s marches, protests and voter registration events are taking place across the country this weekend.

This weekend marks the one-year anniversary of President Donald Trump’s inauguration. In 2017, the Women’s March on Washington drew a large crowd that marched in protest of Trump’s election. Women’s marches were held across the country and the world.

For 2018, marches and rallies are being held in cities across the country throughout the weekend. There will be a voter registration drive on Sunday in Las Vegas.

Police: Maine man punches himself in face to avoid sobriety test 

Published: Saturday, January 20, 2018 @ 11:17 AM

Man Punches Himself Repeatedly to Avoid Breathalyzer Test, Police Said

Police have accused a Maine man of punching himself several times in the face to avoid a Breathalyzer test, The Bangor Daily News reported.

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Police suspected Brian Fogg, 27, of Belfast, to be intoxicated when they were called to a residence on Jan. 13 and found Fogg’s vehicle stuck in a ditch, police said. Belfast police said Fogg and a homeowner had gotten into an argument, and Fogg allegedly struck and dented the homeowner’s car.

After Fogg failed a sobriety test, police took him to jail and attempted to give him a Breathalyzer test, the Daily News reported.

As officers were explaining the testing process, Fogg allegedly punched himself in the face several times, the Daily News reported.

Belfast Detective Sgt. Gerry Lincoln said that Fogg “took that option (punching himself), which wasn’t one of the ones we gave to him.” 

He added that because people had option of declining to take a Breathalzyer test, it was unusual for someone to injure himself to avoid it.“We took that as a refusal to take the test,” Lincoln told the Daily News.

Fogg was charged with operating under the influence anyway, in addition to criminal mischief and falsifying physical evidence. He was released on bail, police said.