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New York investigates allegations of sexism within Apple Card credit limits



The department tells Bloomberg that the investigation will look at all legal violations as well as a guarantee that every client is treated equally. Any algorithmic bias (including unintentional bias) "violates New York law," says department head Linda Layswell.

Goldman states in a statement that credit decisions are based solely on "creditworthiness" and not on qualities such as gender or ethnicity, though I do not explain why a woman with a better credit score gets a much lower limit.

It is uncertain how long the investigation will take and there is no guarantee that Goldman will be asked to make corrections. The incident, however, underscores concerns that the biases in the algorithms create serious disadvantages for some groups, such as refusal of adequate medical coverage. It also blurs an otherwise strong debut for the Apple Card ̵

1; both Apple and Goldman claim it to be the "most successful launch" of credit card in US history. Whether or not this is true, the Hanson incident suggests that there may still be shortcomings that need to be addressed.


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