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Men are being given much larger credit limits for Apple Card than their wives

betanews Sunday, 10 November 2019
New York's Department of Financial Services is starting an investigation into Goldman Sachs because of concerns of gender discrimination when assigning credit limits to Apple Card users. Goldman Sachs is the financial body behind Apple's credit card, and concerns have been voiced that the company is offering men higher credit limits than their wives -- even the women in question have a higher credit rating. Among those surprised at the discrepancy is Steve Wozniak who reported that he was offered ten times the limit of his wife. See also: Apple is fixing a macOS flaw that exposes snippets of 'encrypted'… [Continue Reading]
Credit: Reuters Studio - Published < > Embed
News video: Apple co-founder bashes credit card

Apple co-founder bashes credit card 01:14

Apple co-founder Steve Wozniak says Apple's new credit card gave him 10 times the credit limit his wife received even though they do not hold separate assets or bank or credit accounts. Fred Katayama reports.

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