AIB Asking Mortgage Applicants For Permission To Look At Social Media Accounts

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AIB could be using Facebook to check up on mortgage applicants.

The Irish Independent says people seeking a home loan with the bank are being asked for permission to look at their social media.

AIB, the only lender which wants borrowers to agree to access, claims it helps it to understand customer behaviour.

But the paper’s Personal Finance Editor, Charlie Weston, says the social media clause appears to be mandatory:

“You have to sign this form if you want to get a mortgage because it covers a whole range of things from allowing the bank to do a credit check on you. There is a section on marketing where you can opt out of direct marking but with this section on social media- there is not opt out on that.”