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WF-4CV88A

Apple Card's Credit Assessment Algorithm Allegedly Discriminated against Women

Apple Card's credit assessment algorithm was reported by Goldman-Sachs customers to have shown gender bias, in which men received significantly higher credit limits than women with equal credit qualifications.

Date it happened
2019-11-11
Organisation involved
Goldman-Sachs
Product, system or model
Financial algorithm determining users' credit limits.
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Attribution

This incident was imported from AI Incident Database and is used under CC BY-SA 4.0. Our additions to it — the structured fields, the translation, the checks against other reports — are published under the same licence.

This is a record of what was reported, not a finding that anyone broke the law. If it names your organisation and you believe it is wrong, the corrections process is free and open to everyone.