GreenSky (Goldman Sachs)
Mixed (C) — Insolar Honesty Grade
GreenSky was acquired by Goldman Sachs in March 2022 for $2.2B, then sold by Goldman to a Sixth Street-led consortium in March 2024. The company finances home improvements broadly, with solar as one of several product categories. Solar-specific disclosure practices have improved post-Goldman acquisition but remain below specialist-lender standards. CFPB complaint volume is concentrated in home improvement broadly rather than solar specifically.
Where this grade comes from
Public-record events
- CFPB consent order June 2021 — disclosure violations ($9M settlement, pre-Goldman)
- Acquired by Goldman Sachs March 2022; divested March 2024
- Multiple class actions: home improvement disclosure (2020-2024)
- Current ownership: Sixth Street-led consortium
/ Best for
Customers whose installer offers no alternative financing and who have independently verified the GreenSky loan terms including any deferred-interest provisions.
/ Watch out for
GreenSky's deferred-interest 'promotional' offers retroactively charge interest from origination if the balance is not fully paid by the promotional end date. Read the small print carefully.
Have direct evidence of an issue with GreenSky (Goldman Sachs)?
Report a new regulatory filing, court ruling, complaint pattern, or sales-practice issue. Verified submissions feed the next quarterly Honesty Index refresh. We only accept reports backed by documentation (filing numbers, screenshots, contracts).