Lender will make a lot of money because the broker found the clients for this lender. This system of interaction functions the business efficiently and makes big savings for the welfare of the company as well as for its employees. After observing its best results, many companies are entering into the business field and are investing money in large amounts. Social networking sites such as MySpace have some disadvantage as well. One of the biggest problems with these websites is the system of sharing personal information. For example, MySpace is most of the users upload various data such as photos, name, address, age, contact telephone number, occupation, etc. So, the information is easily accessed by third parties and often ends up in bad results in theft and abuse. Therefore, many people got stole identity through one of this website so their credit score is very bad. As result, they cannot qualify to approval the loans to buy their house. There is plenty of scope for cheating others by giving false information, identity and photographs. Again, there was a report of a woman from one country using a film star's photo as her identity and swindled a lot of gifts and money from a gullible and eligible bachelor living abroad. MySpace is a good way to communication; however, it is good for people limit to use their personal information to share on the website to prevent the dangers stolen identity theft.

The younger generation and children are addicted to MySpace. Youngsters publish their personal details without thinking of the serious consequences. For example, they share their personal...

they spend many hours browsing MySpace and its contents and getting addicted to the websites. MySpace is a great communication online, but it needs to provide more system controls for children less than eighteen years of age. MySpace should have a time-announcement system. For example, we should say every thirty minutes to interrupt with a large size announcement like "you have used thirty minutes, do you want to continue?" This will go some way in raising awareness of time-wasting and it surely will bring down long hours of usage. If the time spent is quite long and regular, "alert mails" must be sent to the parents to let them know. MySpace need to improve their site more control safety for young generation and children to prevent addicted for user MySpace websites.
In conclusion, there are many social networking sites in the internet. Most of them are popular and widely used on a regular basis. Quite naturally, the teenagers are excited a lot who use these social website to make communication with many friends across the globe and share their interest. These networks carry many features that are beneficial; at the same time, there are some disadvantages which might lead to some disastrous consequences which will cause permanent harm to the wrong user. but, with implementation of good monitoring systems and introduction of additional valuable features these negative features can be gradually eliminated. Thus, social networking networks are bound to stay and it is up the clientele to derive the maximum benefit from them.