Apple 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.
, a tech entrepreneur, alleged on Twitter last week that the Apple Card gave him a credit limit 20 times higher than the one it gave his wife, even though she has the higher credit score and the couple jointly files tax returns.
"Do I go to Foxconn if I have an issue with my iPhone? Of course I don't," he said. "I go to Apple. This is an Apple product, and Apple owns this fully."Goldman does play a role in that it's in charge of who gets approved for the card.
Eventually, Hansson claims it was representatives from Apple who reached out to his wife, following his tweets, to say they were reviewing the variations in credit limits. His wife ultimately had her credit limit raised to equal his, he said.He said that while it's unlikely that people at Goldman or Apple wrote an algorithm with the purpose of discriminating against women, the result of the algorithm is what's important.
"Apple advertises this card as a new kind of credit card that is signed by Apple, not a bank," he said. "So the fact that Apple defers all material questions to creditworthiness to Goldman Sachs is exceedingly poor."— CNBC's
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