![The process for Facebook loan approval. [Click To Enlarge]](../../consumermediallc.files.wordpress.com/2015/08/screen-shot-2015-08-05-at-9-32-15-am.png?w=300&h=225&crop=1)
Earlier this year Facebook announced it would dip its toes into the pool of mobile payments by launching a system that allowed users to send money to friends via the Messenger app. Now it appears the company may take things a bit farther after receiving approval for a patent this week that would allow creditors to determine whether or not someone is worthy of a loan based on their circle of friends on the social networking site. [More]
