Be warned. Could the time come when “what is your Facebook password” is one of the questions on your loan application?

Beta Beat has an extremely alarming story:

But there’s a nightmare scenario: if banks learn how to use social media, they could gather information they aren’t allowed to ask for on a credit application—including race, marital status and receipt of public assistance—or worse, to redline segments of the social graph.

In other words: choose your online friends wisely, for they may one day determine your APR.

And if you don’t have a Facebook account? Maybe you won’t even be considered for a loan.

(the image above is my social graph on LinkedIn – are we connected?)