Well this is a good enough excuse to say no to your scabby friend..
According to recent reports, sharing your Netflix passwords with your friends/other half is now a federal crime in the US.
A new decision by a US court has determined that using the password that isn't the account holders for a subscription based service could land you in trouble with the law.
The Guardian has also reported that password sharing is now basically on the same level as hacking in the eyes of the US's Computer Fraud and Abuse Act (CFAA).
Dramatic.
We could think of worse things, but ok.