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 entryCFPB: Apple and Goldman Sachs, Apple CardSource
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