CFPB Fines Apple, Goldman Sachs $89m for Mishandling Apple Card Disputes
In a significant regulatory action, the Consumer Financial Protection Bureau (CFPB) said Wednesday it has fined Apple and Goldman Sachs over $89 million for the mishandling of Apple Card disputes and misleading consumers about interest-free payment options. The CFPB said it found that Apple failed to send tens of thousands of consumer disputes to Goldman…