Apple and Goldman Sachs Fined $89 Million by CFPB for Apple Card Failures

Apple and Goldman Sachs have been fined more than $89 million collectively for negligence and mismanagement of the co-branded Apple Card*, the Consumer Finance Protection Bureau announced Wednesday.The CFPB statement disclosed that the tech giant and investment bank misled customers about interest-free payment plans, mishandled credit card disputes, delayed refunds and allowed incorrect, damaging information to hit customers' credit reports.  "Apple and Goldman Sachs illegally sidestepped their legal obliga ...