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Apple, Goldman Sachs to pay over $89 million in US over Apple Card consumer disputes, misleading statements

( October 23, 2024, 15:30 GMT | Official Statement) -- MLex Summary: The US Consumer Financial Protection Bureau ordered Apple and Goldman Sachs to pay more than $89 million for failing to properly follow through on consumer disputes related to Apple Card transactions and for misleading consumers about interest-free payments for Apple devices, according to a readout. The CFPB also banned Goldman Sachs from launching a new credit card unless it can provide a credible plan that the product will comply with the law.FOR IMMEDIATE RELEASE:...

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