US fines Apple and Goldman Sachs over Apple Card

US fines Apple and Goldman Sachs over Apple Card …C0NTINUE READING HERE >>>

A US consumer protection bureau says Apple Card users who thought they were automatically enrolled for interest-free payments when buying Apple gadgets found themselves paying for the debt.
Photo: NOAH BERGER / AFP
Source: AFP

The United States fined Apple and Goldman Sachs a total of $89 million on Wednesday, accusing them of deceiving users of the iPhone maker’s credit card.

Customer service breakdowns and misrepresentations affected hundreds of thousands of users of Apple Card launched in a collaboration with the US banking titan in 2019, the Consumer Financial Protection Bureau…

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