Goldman Cleared of Bias in New York Review of Apple Card
- Department ‘found no fair lending violations’: superintendent
- Customers had complained women were given lower credit limits
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Goldman Sachs Group Inc. didn’t use discriminatory practices when deciding whether to extend credit to prospective customers of its Apple Card, the New York State Department of Financial Services said.
A review by the regulator found no evidence of intentional bias against women, the department said in a statement Tuesday. It also found no evidence that the lender’s credit decisions had a disparate impact on certain groups of people.