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Goldman Sachs' credit card unit is under investigation by the feds

James3
Valued Member

Goldman Sachs' credit card unit is under investigation by the feds

Goldman Sachs said it's credit division is under investigation by the CFPB. From the article:

While it's not clear what sparked the CFPB investigation, the bureau's database includes hundreds of consumer complaints about Goldman since 2019. Some involve problems receiving a refund or disputing fraudulent charges. 

As an owner of a GM card, I can say that the transition has been anything but smooth from Capital One.

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