It's never a good idea to use all your credit
Loan comparison site LendingTree put together a list of the US cities with the most credit card debt, looking at the cities where the most people have at least one maxed out-credit card. Bridgeport, Connecticut tops the list, with almost a third of residents dealing with one maxed-out credit card, and one in 10 residents having multiple maxed-out cards. Read more personal finance coverage.
Loan comparison site LendingTree put together a list of the US cities with the most credit card debt, looking at the cities where the most people have at least one maxed out-credit card. Bridgeport, Connecticut tops the list, with almost a third of residents dealing with one maxed-out credit card, and one in 10 residents having multiple maxed-out cards. Read more personal finance coverage.
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Column: Apple gets in trouble over the 'sexism' of its new Apple CardSeveral Apple Card customers — including Steve Wozniak — have complained that the credit limits set for the card seem to discriminate against women, even when their finances are jointly held with their spouses. Columnist hiltzikm explains:
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Goldman Sachs will let people appeal their Apple Card credit limit after allegations of sexist algorithmsGoldman Sachs US bank CEO Carey Halio said customers will be able to appeal their credit limit if they think it's suspiciously low.
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Apple Card under investigation for possible gender biasApple and Goldman Sachs are being accused of gender bias after several high-profile couples say women are receiving lower credit lines. Goldman says gender and marital status are not factors and that an algorithm is making the determination -NBCNewsNOW
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Apple co-founder says Apple Card algorithm gave wife lower credit limit'We know the question of discrimination in algorithmic decisioning also extends to other areas of financial services.' - lindalacewell via Reuters
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Twitter complainer says Apple is to blame for credit card issuesApple needs to take responsibility for decisions regarding Apple Card credit limits, says the man whose tweets last week over gender bias sparked an investigation into Goldman Sachs’ credit card practices.
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Goldman Sachs will reevaluate Apple Card credit limits after bias allegationsGoldman Sachs denied allegations of gender bias and said it will reevaluate credit limits for Apple Card users on a case-by-case basis for customers who claim to be affected.
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