Apple, Goldman Sachs fined $89M for misleading Apple Card users
Shortpedia
Content Team
Image Credit: newsbytes
The Consumer Financial Protection Bureau (CFPB) has fined tech giant Apple and financial institution Goldman Sachs a whopping $89 million. The fines were imposed for "illegally mishandling transaction disputes and misleading iPhone purchasers about interest-free payment options" in connection with the Apple Card. The CFPB stated that these problems impacted "hundreds of thousands of Apple Card users."
