Article 4TXXF Apple Card issuer investigated after claims of sexist credit checks

Apple Card issuer investigated after claims of sexist credit checks

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Reuters
from on (#4TXXF)

Goldman Sachs faces official inquiry as IT figures including Steve Wozniak say they got 10 times or more the credit limit received by their wives

The algorithm used to set credit limits for the new Apple Card will be the subject of an official investigation, following tweets from a tech entrepreneur blasting the company for gender discrimination.

New York's Department of Financial Services has initiated the probe into the credit card practices of Goldman Sachs, which provides the Apple Card. In a series of Twitter posts starting on Thursday, David Heinemeier Hansson railed against the Apple Card for giving him 20 times the credit limit that his wife got, Bloomberg reported on Saturday.

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