SYNCHRONY FINANCIAL


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"Products" offered by SYNCHRONY FINANCIAL with at least one, but usually more complaints:

Bank account or service - (CD) Certificate of deposit
Bank account or service - Cashing a check without an account
Bank account or service - Checking account
Bank account or service - Other bank product/service
Bank account or service - Savings account
Checking or 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 - Title loan
Consumer Loan - Vehicle lease
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 - 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 - Auto
Debt collection - Auto debt
Debt collection - Credit card
Debt collection - Credit card debt
Debt collection - Federal student loan debt
Debt collection - I do not know
Debt collection - Medical
Debt collection - Medical debt
Debt collection - Mortgage
Debt collection - Non-federal student loan
Debt collection - Other (i.e. phone, health club, etc.)
Debt collection - Other debt
Debt collection - Payday loan
Debt collection - Payday loan debt
Debt collection - Private student loan debt
Debt collection - Telecommunications debt
Debt or credit management - Credit repair services
Debt or credit management - Debt settlement
Money transfer, virtual currency, or money service - Check cashing service
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 - Money order, traveler's check or cashier's
Money transfer, virtual currency, or money service - Refund anticipation check
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
Money transfers - International money transfer
Mortgage - Conventional adjustable mortgage (ARM)
Mortgage - Conventional fixed mortgage
Mortgage - Conventional home mortgage
Mortgage - FHA mortgage
Mortgage - Home equity loan or line of credit
Mortgage - Home equity loan or line of credit (HELOC)
Mortgage - Other mortgage
Mortgage - Other type of mortgage
Mortgage - Reverse mortgage
Mortgage - VA mortgage
Other financial service - Credit repair
Other financial service - Debt settlement
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, or personal loan - Title loan
Payday loan, title loan, personal loan, or advance loan - Installment loan
Payday loan, title loan, personal loan, or advance loan - Payday loan
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 - General purpose card
Prepaid card - General-purpose prepaid card
Prepaid card - Gift or merchant card
Prepaid card - Mobile wallet
Prepaid card - Other special purpose card
Prepaid card - Transit card
Student loan - Federal student loan servicing
Student loan - Non-federal student loan
Vehicle loan or lease - Lease
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: 6703982

Date Received: 2023-03-16

Issue: Written notification about debt

Subissue: Didn't receive enough information to verify debt

Consumer Complaint: Sent letter end of XXXX to request account documentation to provide proof of debt. Never received. Then received notification that I was being sued by this debt collector, each time I call I get different information. Phone calls have been recorded, they are giving me the run around and refusing to provide proof of the debt. They say their phone lines are messed up or provide # s that dont work, they tell me to call back later. I have asked 3 times who the attorney is in the case and am told 3 different answers. I finally placed the debt into dispute.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: TN

Zip: 37664

Submitted Via: Web

Date Sent: 2023-03-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6703683

Date Received: 2023-03-16

Issue: Advertising and marketing, including promotional offers

Subissue: Confusing or misleading advertising about the credit card

Consumer Complaint: Synchrony bank provided misleading information during my application process on 3 different occasions. Synchrony willfully and knowingly did not provide clear and conspicuous terms which led me to make an uninformed decision.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: TX

Zip: 77477

Submitted Via: Web

Date Sent: 2023-03-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6701524

Date Received: 2023-03-15

Issue: Closing an account

Subissue: Can't close your account

Consumer Complaint: I have a savings account with Synchrony bank.The bank refuses to close my account and refund my money.At the same time it doesn't allow me to access my money in any way.This is happens for no reason.Every time I contact the bank, ( XX/XX/XXXX and XX/XX/XXXX phone call ) it says it will refund my money ( in seven to ten business days or three to four business days ) through another account of mine linked to this savings account.This never happens. I can't use my money for XXXX months without reason.Also employees of this bank are pressuring me to tell them bank account details ( XX/XX/XXXX phone call ) which is linked to that particular savings account, and all over the phone verbally and unsafe.The official bank already knows this information.Why are their employees asking for it again?

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: FL

Zip: 33021

Submitted Via: Web

Date Sent: 2023-03-15

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6701520

Date Received: 2023-03-15

Issue: Problem when making payments

Subissue: Problem during payment process

Consumer Complaint: To whom it may concern, I always pay every credit card I have in full every month. The card at issue is my Sam 's Club credit card through Synchrony Bank. On XX/XX/2022 I paid my balance of {$4000.00} in full for the prior month. The payment was accepted. Three months later the balance of {$4000.00} appeared back on my statement. I disputed this and was told that " on XX/XX/2022 the payment was returned unpaid by your bank ; therefore, the payment was reversed. '' I provided Synchrony bank with a copy of the front and back of the check with Synchrony 's stamp on it showing that it was received and cashed. I also provided copies of my bank statements showing the payment leaving my account and never returning. I asked Synchrony bank on multiple occasions to provide me with some kind of written evidence proving that the payment was returned by my bank. I have formally requested proof four times in writing and at least a dozen times over the phone. I am never given anything. Some of Synchrony bank 's responses simply say they can't locate any payments and other letters say that they found the payment but then it was reversed. They're not even consistent with the response they are giving me. At this point I have provided proof that the payment was made, that Synchrony Bank received the payment, that Synchrony Bank cashed the check, that the money left my account, and that the money never returned. Synchrony Bank has provided me with nothing. On a side note, in the middle of all of this I contacted my bank, XXXX XXXX and opened up a claim for them to investigate and they also confirmed that Synchrony Bank was paid and the money was never returned. I don't know what else to do at this point.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: FL

Zip: 32746

Submitted Via: Web

Date Sent: 2023-03-15

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6701517

Date Received: 2023-03-15

Issue: Other features, terms, or problems

Subissue: Other problem

Consumer Complaint: The IRS ( XXXX XXXX ) received a 480.6A form from Synchrony Bank indicating that my debt was discharged. I did not settle this account with Synchrony, I have not file for bankruptcy or authorized the debt to be discharged. Now the amount of {$5300.00} is considered income and I have to pay taxes. Account- XXXX. XXXX XXXX XXXX XXXX XXXX

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: PR

Zip: 009XX

Submitted Via: Web

Date Sent: 2023-03-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6700058

Date Received: 2023-03-15

Issue: Advertising and marketing, including promotional offers

Subissue: Didn't receive advertised or promotional terms

Consumer Complaint: Several weeks ago called for assistance with my Paypal credit card to have the available points applied as a credit against my account. I was told that this had to be completed online. Today, updated my account login information and attempted to redeem points. I had two chat sessions while logged in ( see attachments ) attempting to complete this process online. We were unsuccessful. The instructions by the second chat agent makes sense ; however, the field called " redeem '' is not available. When I requested HOW to do this since the redeem option is not there, she disconnected the chat. I then proceeded to have four conversations with " customer service '' associates where were unable to help. The last of these conversations I believe was a Synchony Bank Agent. They referred to the " redeem '' feature again- which is not on my login screen. They were then going to transfer me for the fifth time. At this point, it's been two hours getting the run around while attempting to accomplish something that should be easy and everyday. Will you please help me in getting my point applied against my accoun? My points are XXXX as shown on the attached statement. I pay a very high interest rate ( my own fault as I'm over the balance ) but Paypal not being willing to perform such a simple request seems unfair to the consumer. If they are not going to honor their committment, they should not offer them. They expect me to pay 31 % interest ; I expect them to give me my credits. My desire is to now cancel this card but I would like to wait until the points are applied so they don't just disappear. Thank you for recording this complaint. May it protect other cardholders in the future.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: OH

Zip: 453XX

Submitted Via: Web

Date Sent: 2023-03-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6699503

Date Received: 2023-03-15

Issue: Getting a credit card

Subissue: Card opened as result of identity theft or fraud

Consumer Complaint: Upon checking my consumer report. I see that your company is reporting that i have a account open with your company. I never applied for a credit card with your company. I never gave your company or any other person to use my name or likeness for such account. Any account open with your company is fraud and due to my information being stolen and used is identity theft.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: AL

Zip: XXXXX

Submitted Via: Web

Date Sent: 2023-03-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6699033

Date Received: 2023-03-15

Issue: Fees or interest

Subissue: Problem with fees

Consumer Complaint: I have autopay setup through Synchrony 's autopay system for my credit card account with synchrony bank. The auto payment was processed on the due date of XX/XX/XXXX. The funds withdrew from my checking account on XX/XX/2023. However I was marked as past due on the XXXX of XXXX and was accessed a late fee of {$30.00} at the close of business on the XXXX of XXXX. I received an alert from one of my account monitoring apps that I was charged a late fee on the XX/XX/2023. When I contacted Synchrony bank they said it was because I had modified my autopay after the statement closed and that a payment was due. They had no record of the payment that had already withdrawn from my checking account and made no attempt to investigate a payment issue. I was blamed for the payment not processing. After telling them multiple times that money had been withdrawn by Synchrony bank for the amount of the autopayment they advised that the payment will most likely post tomorrow ( XX/XX/2023 ) and the late fee would be roll off. After escalating this to an account manager and asked if there was a way to avoid getting a late fee, he stated there is no way and that autopay can only be scheduled to withdraw on the due date and that a late will be charged until the funds completely clear from the bank and is received. I have checked my credit card agreement that is included in my statement and no where does it state that a late fee is the policy until funds are full received and processed. My second issue is that according to the credit card agreement interest is calculated daily based on the balance of the account. The late fee is apart of my balance for 3 days. This means that it is accruing interest for 3 days. I have taken a screenshot of the late fee that is showing as a completed transaction as of XX/XX/2023 and have received zero assurances that this will not cost me interest. This policy which I have been advised I can not avoid by an account manager is an undue burden or at the very least deceptive.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: FL

Zip: 32068

Submitted Via: Web

Date Sent: 2023-03-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6698814

Date Received: 2023-03-15

Issue: Fraud or scam

Subissue:

Consumer Complaint: I contact PayPal about a fake account that took XXXX dollars from my account in PayPal credit. They transferred it to their account. There was also a XXXX XXXX XXXX for {$300.00} to an account I did not authorize. They were all fake accounts under fake names.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: CA

Zip: 94536

Submitted Via: Web

Date Sent: 2023-03-15

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6698628

Date Received: 2023-03-15

Issue: Managing an account

Subissue: Problem accessing account

Consumer Complaint: I opened a CD account recently with Synchrony Bank and tried to register my account online at https : //auth.synchronybank.com/account/register site. After inputting my SSN and DOB, it took me to another screen ( https : //auth.synchronybank.com/account/initiate-otp ) asking me to confirm my identity. It listed an old phone number that I owned long ago. I couldn't select that so I selected the " My Phone number is not listed '' option and plugged in my current number. It threw me this error " Sorry, the selection you have made is invalid. Please select or enter a phone number with an appropriate delivery method. '' I tried the same number with different delivery methods ( both XXXX and Phone Call ), and it repeatedly threw the same error. The error repeated for my other active number as well. For testing purposes, I selected the old number listed in the dropdown and the OTP was sent successfully to that number. I called the bank 's customer service at XXXX and reported to them the issue. They said that they use a third party to confirm my identity and refused to disclose further details. They only offered to send me a code by snail mail, which they said will take 7-10 business days. My old phone number still exists in their system and I am afraid that I am susceptible to fraud because the OTPs are still being sent to the old number.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: TX

Zip: 75035

Submitted Via: Web

Date Sent: 2023-03-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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