GOLDMAN SACHS BANK USA


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"Products" offered by GOLDMAN SACHS BANK USA with at least one, but usually more complaints:

Bank account or service - (CD) Certificate of deposit
Bank account or service - Checking account
Bank account or service - Other bank product/service
Bank account or service - Savings account
Checking or savings account - CD (Certificate of Deposit)
Checking or savings account - Checking account
Checking or savings account - Other banking product or service
Checking or savings account - Savings account
Consumer Loan - Installment loan
Consumer Loan - Personal line of credit
Consumer Loan - Vehicle loan
Credit card -
Credit card - General-purpose credit card or charge card
Credit card - Store credit card
Credit card or prepaid card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose prepaid card
Credit card or prepaid card - Gift card
Credit card or prepaid card - Government benefit card
Credit card or prepaid card - Payroll card
Credit card or prepaid card - Store credit card
Credit reporting -
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting or other personal consumer reports - Other personal consumer report
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Credit card debt
Debt collection - I do not know
Debt collection - Medical debt
Debt collection - Mortgage debt
Debt collection - Other debt
Debt collection - Payday loan debt
Debt or credit management - Debt settlement
Money transfer, virtual currency, or money service - Debt settlement
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Money transfer, virtual currency, or money service - Foreign currency exchange
Money transfer, virtual currency, or money service - International money transfer
Money transfer, virtual currency, or money service - Mobile or digital wallet
Money transfer, virtual currency, or money service - Money order
Money transfer, virtual currency, or money service - Traveler's check or cashier's check
Money transfer, virtual currency, or money service - Virtual currency
Money transfers - Domestic (US) money transfer
Mortgage - Conventional adjustable mortgage (ARM)
Mortgage - Conventional fixed mortgage
Mortgage - Conventional home mortgage
Mortgage - Home equity loan or line of credit
Mortgage - Other mortgage
Mortgage - Other type of mortgage
Payday loan -
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Payday loan
Payday loan, title loan, or personal loan - Personal line of credit
Payday loan, title loan, personal loan, or advance loan - Installment loan
Payday loan, title loan, personal loan, or advance loan - Other advances of future income
Payday loan, title loan, personal loan, or advance loan - Personal line of credit
Payday loan, title loan, personal loan, or advance loan - Title loan
Prepaid card - Gift card
Prepaid card - Other special purpose card
Vehicle loan or lease - Loan

Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.
Complaint ID: 6324895

Date Received: 2022-12-15

Issue: Getting the loan

Subissue:

Consumer Complaint: I applied for a personal loan on their website after they have sent me hundreds of messages to me promoting their personal loans. When I applied for the loan today ( XXXX ) they denied me the loan citing the following reasons : Recent number of payments too low Lack of mortgage trade history on file Too many inquiries in the last six months The top most reasons makes no sense. What kind of payments are they talking about? How many is too low Lack of mortgage history. I have had three mortgages in my life. All of them have been paid off successfully They gave the following information about my credit score Your Credit Score : 808 Date : XXXX Scores range from a low of 300 to a high of 850. I am assuming that this is the credit score that they used to make decisions. If that is the case, 808 seems to be a pretty high score If not they should tell me what type of score this is. What is the point of giving me a credit score that seems to have no connection to the credit decision? I think Goldman Sachs is violating a bunch of FCRA / CFPB / FTC rules in denying me credit. After I was denied credit, I XXXXXXXX XXXX to see if there are any complaints. I saw a few news items that suggest that XXXX has stopped making personal loans. If tat is the case they should not have accessed my credit report!

Company Response:

State: GA

Zip: 30068

Submitted Via: Web

Date Sent: 2022-12-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6324889

Date Received: 2022-12-15

Issue: Getting a line of credit

Subissue:

Consumer Complaint: Applied for a loan and gave all my important information to scammers

Company Response:

State: NC

Zip: 28304

Submitted Via: Web

Date Sent: 2022-12-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6324460

Date Received: 2022-12-15

Issue: Closing an account

Subissue: Funds not received from closed account

Consumer Complaint: I am a XXXXXXXX retiree and lived XXXX to XXXX in XXXX I opened accounts with Marcus by Goldman Sachs XXXX XXXX and I dropped everything to dash back to the XXXX. I closed down almost everything in XXXX including my rented apartment but couldnt close down my Marcus by Goldman Sachs account. I returned to XXXX to close my Marcus accounts. They asked for a US address. I checked with my hotel and, as they know me, they agreed for me to use their address. Marcus accepted and registered the hotel as my US address. I then started to call Marcus to close my accounts. I phoned DAILY for TEN days and was on the phone for anything from 45 minutes to 1 hour 52 minutes!!! The hotel received 4 letters marked for my attention from Marcus which proved they accepted the hotel as my address. Marcus are now saying they can not send checks to the hotel. I can not give them another address. They are now saying my accounts will go into the UNCLAIMED ACCOUNTS. Im telling them they cant as Im claiming MY MONEY!!! Because of the above, Im claiming that Marcus by Goldman Sachs is stealing my money.

Company Response:

State:

Zip: XXXXX

Submitted Via: Web

Date Sent: 2022-12-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6324206

Date Received: 2022-12-15

Issue: Trouble using your card

Subissue: Can't use card to make purchases

Consumer Complaint: I opened an apple credit card issued by Goldman Sachs on XX/XX/2022. Ive been using my card everyday since as I am a big fan of the cash back, and Id like a credit line increase, Ive spent thousands of dollars since opening and never had a issue with a payment, my card is declining while I still have a good amount of credit left to spend, I am a heavy spender and I have a lot of money. Im XXXX shopping. Goldman Sachs bank is running my XXXX and has LOCKED/ RESTRICTED MY ACCOUNT, and will not give me a reason why, or any information at all. Ive read reviews from other people who have had this happen and cards locked for months on end, Ive contacted them and they have made no attempt to fix my account.

Company Response:

State: AZ

Zip: 853XX

Submitted Via: Web

Date Sent: 2022-12-15

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6321515

Date Received: 2022-12-14

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: Firstly, I have never missed a credit card payment in my entire life ( something I pride myself on ). I also make sure to have auto-pay enabled on all of my accounts, as to never miss a payment. Nevertheless, I also regularly payoff the cards ahead-of-time. I check my credit score daily, and when I reviewed it today ( XXXX ) I saw that it was down XXXX points ( XXXX to XXXX ) because of a delinquent payment. I checked through all of my accounts to see where the issue may be and saw that my Apple Credit Card XXXX Goldman Sachs Bank USA XXXX was reporting that I was roughly 30 days late on a ~ {$100.00} dollar payment. I was extremely confused because as I stated previously, auto-pay is enabled on all of my accounts. I paid it off immediately, and had to **RE-ENABLE** Apple 's auto-pay feature when I had already done so previously. I received no correspondence that this was going to occur in the background, or that my auto-pay was disabled unbeknownst to me. Now my credit score has tanked significantly and pending any rectifying of this, I will have to wait seven years to " age '' off of my report. All for product disfunction on Apple 's end that I wasn't notified for.

Company Response:

State: GA

Zip: 303XX

Submitted Via: Web

Date Sent: 2022-12-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6319989

Date Received: 2022-12-15

Issue: Problem with a purchase shown on your statement

Subissue: Credit card company isn't resolving a dispute about a purchase on your statement

Consumer Complaint: XXXX NOTIFIED ME, THRU MY REGULAR BANK CHASE, THAT A NEW CARD HAD BEEN OPENED IN MY NAME. THE CARD IS APPLE CARD/GS BANK. I DID NOT OPEN THIS. I REPORTED IT TO GOLDMAN SACS BANK AS FRAUD, AND A DISPUTE WITH XXXX REPORT # XXXX DATED XXXX XXXX. XXXX TELLS ME THIS ITEM WAS REMOVED FORM MY CREDIT REPORT. I STILL GET EMAIL NOTIFICATIONS FROM GS BANK THAT THE PAYMENT IS LATE. I WILL NEVER PAY THIS AS IT IS FRAUD.

Company Response:

State: LA

Zip: 704XX

Submitted Via: Web

Date Sent: 2023-01-09

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6316186

Date Received: 2022-12-13

Issue: Improper use of your report

Subissue: Credit inquiries on your report that you don't recognize

Consumer Complaint: XXXX XXXX dont recall sending an application to this company for credit

Company Response:

State: TX

Zip: 77091

Submitted Via: Web

Date Sent: 2022-12-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6316132

Date Received: 2022-12-13

Issue: Problem with a credit reporting company's investigation into an existing problem

Subissue: Their investigation did not fix an error on your report

Consumer Complaint: In XXXX of 2016, I sent my credit card payment in the mail and it got lost in the mail. I of course did not know this until it was too late. Since then, I have repeatedly tried to fix this because it shows as 30 day late payment on both my XXXX and XXXX credit report. It does not show on XXXX because they have corrected it. The credit card has now been sold to a different bank ( Goldman Sachs XXXX XXXX credit card ) and it is still reporting a 30 day late payment. I am really concern about this because I absolutely always pay my credit card bills ahead of time. I would like this to be corrected, specially since it was not my fault.

Company Response:

State: NY

Zip: 10458

Submitted Via: Web

Date Sent: 2022-12-13

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6315839

Date Received: 2022-12-13

Issue: Problem when making payments

Subissue: You never received your bill or did not know a payment was due

Consumer Complaint: The apple card does not provide a bill or account information, making it nearly impossible to pay the bill if not done through an apple iphone. I called and requested a paper copy of the bill since I'm not able to access any information. The paper bill has not mailing address, and no information about my account, so I'm still not able to make a payment from my bank or set up automatic payments from my bank. Is this even legal? The only way to make payments for this card seems to be through an iphone device ( the wallet app ). I did not know this when signing up for the card.

Company Response:

State: NH

Zip: 032XX

Submitted Via: Web

Date Sent: 2022-12-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6314535

Date Received: 2022-12-13

Issue: Managing an account

Subissue: Deposits and withdrawals

Consumer Complaint: Sunday ( XX/XX/XXXX ) - I notice my account is locked. I call Marcus by Goldman Sachs and they have the account unlocked. I go to my account to transfer money and it says there are technical errors and to try again in a few hours. Monday ( XX/XX/XXXX ) - I am still receiving the same error so I open a chat. The chat representative tells me I have a no debit hold on my account. They tell me to call XXXX Tuesday ( XX/XX/XXXX ) - First call : I call at XXXX and explain the situation. After waiting an hour, she informs me that there is a garnishment placed on my account. Then, I call the IRS and I'm informed that it shows no debt on my account ( both through the IRS and private ). Second call : I call and within 10 minutes, the representative tells me I have access to my funds. I hang up and immediately try to transfer money and get the same message. Third call : I speak with an agent who takes 30 minutes to tell me that I have a garnishment on my account. Then, I have to wait another 30 minutes to speak to a supervisor who told me to check my credit with a credit bureau. After checking the credit bureau, there is still zero sign of any debt that I am unaware of. All loans and credit cards have been paid off on time. Marcus has been completely unhelpful in getting me the information or source of the garnishment. In total, I spent over five hours on the phone trying to figure out this problem today and I still have zero answers.

Company Response:

State: FL

Zip: 34787

Submitted Via: Web

Date Sent: 2022-12-13

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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