Data and AI in court

433 active cases · 9 dates ahead

CFPB: Apple and Goldman Sachs, Apple Card consumer protection case

Regulator

Consumer Financial Protection Bureau

acted against

The CFPB found Apple failed to send tens of thousands of Apple Card disputes to Goldman, and Goldman mishandled disputes and misled consumers about interest-free Apple device financing.

The case

Regulator
US Consumer Financial Protection Bureau
Decided
Oct 23, 2024
Status
Settled
Outcome
The CFPB ordered Apple and Goldman Sachs to pay over USD 89 million in penalties and redress for Apple Card failures.
Amount
over $89 million

History

1 dated entry
DecisionOct 23, 2024 · 2y agoCFPB: Apple and Goldman Sachs, Apple CardSource
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Caption and links

In the Matter of Apple Inc. and Goldman Sachs Bank USA

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