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Apple and Goldman Sachs ordered to pay $89 million after Apple Card failures

  • Apple and Goldman Sachs must pay over $89 million for mishandling consumer disputes related to Apple Card transactions, as ordered by the Consumer Financial Protection Bureau.
  • Goldman Sachs received a $45 million civil penalty and $19.8 million in redress, while Apple was fined $25 million.
  • The companies misled customers about interest-free payment plans for Apple gadgets, including the iPhone, according to the CFPB.
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