Bob Barr at the Barr Code:
Social media sites, such as Facebook, Twitter, MySpace and LinkedIn, can serve as productive and efficient means of staying in touch personally, professionally, and politically; just ask young people in Egypt. However, careless use of such sites poses very real risks to one’s personal privacy, and potentially one’s employment. In fact, lawyers, bill collectors and credit investigators are using these sites to gather information on consumers and others; and using that information in ways the targets probably would not like.
In a recent article, for example, Paul and Sarah Edwards explained that “[p]eople say a lot about their lives on social media, which is how these sites can be used to determine if an individual or company is credit-worthy or, when they are in arrears, to get a bead on whether they can pay their bills.”
This is just one more vehicle creditors are using as they continue to become more aggressive in pursuing debts. Some of these sites allow you to list your …