David Heinmeier Hanson recently drew attention to a potential problem with Apple Card applications, in which his wife received a much lower credit limit than her own. Steve Wozniak also shared a similar story. Hanson said the algorithm was sexist and discriminatory. On Twitter, Apple's card issuer Goldman Sachs issued a statement denying these allegations.
In their statement, Goldman Sachs says that Apple Card loan decisions are made individually and the credit line is individual to each
They say that each application is evaluated independently and factors such as personal credit are used for decision making estimates, income levels and debt. The statement reads "Based on these factors, it is possible for two family members to obtain significantly different credit decisions. In any case, we will not and will not make decisions based on factors such as gender. "
Separately, the New York Department of Financial Services has reported in the media that New York law prohibits all discrimination and is investigating, inviting anyone who believes they have been mistreated to email them.
Apple itself has not yet has responded to the situation. Apple Card is touted as "created by Apple, not a bank," so it would only be fair for them to take direct responsibility for the matter with a formal statement. They may do so later in the week, but did not comment on the weekend. [1
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