Maybe The Apple And Goldman Sachs Credit Card Isn't Gender Biased
The Apple credit card has come under scrutiny for offering lower credit limits to women (AP ... [ ] Photo/Tony Avelar, File) The Apple-branded credit card is under scrutiny, because women are receiving less credit than their spouses who share their income and credit score. In launching the card, Apple partnered with Goldman Sachs, and Goldman is the issuing bank for the card. Now, Goldman's credit review process is being labeled sexist by Elizabeth Warren and several high-power tech execs. A tech entrepreneur, David Heinemeier Hansson, first raised the issue when he tweeted that the Apple Card's algorithms discriminated against his wife, giving him 20 times the credit limit it had given to her. Apple cofounder Steve Wozniak weighed in asserting that he can borrow ten times as much as his wife on their Apple Cards.
Nov-15-2019, 16:38:49 GMT
- Country:
- North America > United States > New York (0.05)
- Industry:
- Banking & Finance > Credit (1.00)
- Technology: