CFPB: Apple and Goldman Sachs, Apple Card consumer protection case
US Consumer Financial Protection Bureau · decided Oct 23, 2024 · Settled
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
- Against
- Apple Inc., Goldman Sachs Bank USA
- 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| Date | Entry | ||
|---|---|---|---|
| Oct 23, 2024 | Decision: CFPB: Apple and Goldman Sachs, Apple Card | Decision | Link |