Facebook data reportedly helps companies guess your credit score

Facebook may know even more about your personal life than you think.

Some advertisers are able to use Facebook-provided data to target ads based on a user's credit score. This is all according to a new report in The Intercept, which raises fresh questions about the company's data sharing deals.

The tool in question is called "Actionable Insights,", which Facebook uses to share data about its users' mobile devices with telecom companies. Facebook stated the tool's goal is to help carriers provide better service in areas with poor connectivity. But it also uses the information it collects to help those telecoms create targeted advertising.  Read more...