US watchdog agency orders Goldman Sachs, Apple to pay $89 million over consumer failures
- Posted on October 23, 2024
- By Business News Today
- 3 Views
US watchdog agency orders Goldman Sachs, Apple to pay $89 million over consumer failures
Goldman Sachs and Apple will pay $89 million for breaching consumer protection laws with their joint credit card. The CFPB states they mishandled disputes and misled customers about interest-free purchases. Goldman also faces restrictions on issuing new cards, heavily impacting the business partnership.
