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I'm sure Apple is not so stupid and sexist as to have business logic that gives men 10x the credit limit as women, other things being equal. My guess is that th
by Bostonian 7y ago
I'm sure Apple is not so stupid and sexist as to have business logic that gives men 10x the credit limit as women, other things being equal. My guess is that the credit limit depends on the person's reported individual income, so that if the husband earns more than the wife, which is still true in the majority of U.S. households, he gets a higher credit limit. If that is the explanation, I think it's a plausible, non-sexist way of setting a credit limit, although setting a credit limit based on household income is equally plausible.
- ToFab123 7y agoI agree that it is unlikely that the company "Apple have put in business logic that gives men 10x credit limit as women, but the back-end for this is created by Goldman Sachs. Can you with confidence says the same about them?
- tomjakubowski 7y agoI agree there's probably no bad intent on Apple's part. But there are anecdotal reports in dhh's twitter thread from husbands saying their higher-earning wives had much lower credit limits, so the explanation is probably not so simple.
- frankiechh 7y agoDon’t believe everything you read on the Internet.