Low wages, a shortage of full-time jobs, skyrocketing living expenses and a range of other factors have all made living in America a financial struggle for millions of people. Such complications lead many to go into debt, and debt can damage your credit if you accumulate too much. The cycle never seems to end, and, needless to say, you are not alone if you have wound up with a less-than-ideal credit score as a result.
"When Facebook uses the vast amount of personal data it collects to help advertisers to discriminate, it's the same as slamming the door in someone's face," says a spokesperson for the U.S. Department of Housing and Urban Development (HUD).
You probably assume that banking is more or less private. Your account balance, how much you spend on lattes and how much you owe on credit cards are your own business. Yes, credit rating agencies can get some of that information, but you wouldn't think advertisers could.