Credit expert Dave Fulk explains why some companies are considering incorporating social media into determining the creditworthiness of individuals.

Tampa, FL — Jan 18, 2015 — Dave Fulk, president of National Credit Federation, published a new blog post entitled “How Social Media Affects Your Credit Score.” In the post, he addresses the conversation many companies are having about referring to social media before approving loans, advising individuals to use common sense before posting personal information online.

Fulk says, “As it turns out, what you say online could actually make a negative impact on your credit score … If a lender looks you up and sees that you’ve just made a big purchase or quit your job, that could actually factor into their decision of whether or not to lend you money, or at what interest rate. ”

Dave Fulk, NACSO, CCRA, is the president of National Credit Federation and a national speaker on finance and credit. He has over 10 years of experience in the financial industry, specializing in finance, mortgages, and credit.

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About National Credit Federation:

National Credit Federation helps people accomplish their financial goals through credit repair, debt settlement, student loan consolidation, and business funding. The NCF mission is to help members who are currently in or have successfully come through a financial crisis improve their creditworthiness, allowing them to achieve their credit objectives, including home ownership. This mission is accomplished by providing members with access to resources not normally available to “non-credit worthy” consumers, such as financing, banking, credit lines, professional legal assistance, tax advice, personal financial coaching, and personal financial education. One of the oldest and most trusted companies in the nation, NCF has been featured in Forbes magazine, USA Today Yahoo Finance and 27 other major news outlets. They have an A rating with the BBB and have over 600+ testimonials from previous clients they have helped.