Does your Facebook status match the information provided on your loan application?

Banks can check loan applicant's social media account.

Banks can check loan applicant's social media account. Source: Reuters

Financial Planner Mrugesh Soni from Soniez group explains how are the lenders using your social media account to check the validity of information provided on loan applications.



Share

Follow SBS Gujarati

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now