Column: Apple gets in trouble over the 'sexism' of its new Apple Card

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Several 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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If you miss a payment, Apple won’t charge a late fee, though interest will still accrue. That’s good, but the interest on unpaid balances ranges from 12.74% to 23.74%, based on users’ credit history, which is no particular bargain. Apple Card also comes with privacy and security enhancements tied to your iPhone.

Indeed, the requirement that each Apple Card user have an individual iPhone and therefore an individual account is what’s gotten Apple into trouble. Most traditional credit card accounts allow for multiple “authorized users,” typically family members, to share an account and piggyback on each other’s credit ratings. There may be slight differences in credit scores, but probably not dramatic ones.

 

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homelessadvisor hiltzikm The limits of technology are only as limited as the human being involved in the process of developing it. Machines can be fallible.

hiltzikm Why is sexism in scare quotes?

hiltzikm What’s the reason he doesn’t have the control of that company? He was one of the founders, he should own most of the Apple company shares

hiltzikm Thank you stevewoz

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