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: 5659599

Date Received: 2022-06-11

Issue: False statements or representation

Subissue: Attempted to collect wrong amount

Consumer Complaint: XXXX SYNCHRONY BANK {$1900.00} I have disputed this account directly with the creditor on multiple occasions in regard to the ownership of this account. This account does not belong to me, and i have not received any evidence indicating my signature on any paperwork. I continue to receive push back from this company which is greatly affecting my report. Please help me remove this from my report.

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

State: CT

Zip: XXXXX

Submitted Via: Web

Date Sent: 2022-06-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5659386

Date Received: 2022-06-11

Issue: Attempts to collect debt not owed

Subissue: Debt was result of identity theft

Consumer Complaint: I notified synchrony bank that this was Freud months ago regarding this account. They were supposed to talk to my son and I talk less the lady a message and they never called my son back. And this was a fraud account that Im not responsible for putting collections I am not responsible for this at all

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

State: NJ

Zip: 08759

Submitted Via: Web

Date Sent: 2022-06-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5659313

Date Received: 2022-06-11

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: I contacted Synchrony Bank numerous times and they refuse to delete the charge off from my account. They agreed to remove the charge off over the phone from my credit report. I paid this account in full and I want the charge off deleted from my credit report. I contacted them several times through email and phone. Synchrony Bank refused to work with me and I sent them several good will deletion letters. I could not pay the bill, because I was in the hospital. Out of common courtesy, I paid my bill in full and they still refuse to delete the charge off. Even though, they agreed to do so over the phone. They refuse to send me a letter stating that they will delete the charge off. They are also several mistakes on my credit report such as when the account turned into a charge off, because I was making payments to them until I became sick. I loved being a Synchrony Bank customer, but I will greatly appreciate it if they can remove this charge off. I paid my bill in full and I was XXXX XXXX at the time. The account ends in XXXX.

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

State: NJ

Zip: 070XX

Submitted Via: Web

Date Sent: 2022-06-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5657979

Date Received: 2022-06-11

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: PLEASE REMOVE ALL LATE PAYMENTS FROM ACCOUNT : SYNCB/JCPENNEY Account number XXXX PLEASE UPDATE THIS ACCOUNT TO : Paid, Closed/Never late. I WAS NEVER LATE ON THIS ACCOUNT, AFTER SPEAKING WITH THIS COMPANY THEY ASSURED ME OF THIS, YOU WERE CONTACTED ON THIS MATTER AND SHOULD HAVE UPDATED THIS ACCOUNT TO " Paid, Closed/Never late. '' SO HOW IS XXXX STILL VERIFYING THESE LATE PAYMENTS IF THE COMPANY HAS NO KNOWLEDGE OF THIS AND HAS CONTACTED THEM OVER 30 DAYS AGO? PLEASE FIX THIS ISSUE IMMEDIATELY.

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

State: FL

Zip: 32707

Submitted Via: Web

Date Sent: 2022-06-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5656762

Date Received: 2022-06-10

Issue: Took or threatened to take negative or legal action

Subissue: Threatened to sue you for very old debt

Consumer Complaint: XXXX XXXXSynchrony Bank/Value City has been mailing and calling and harassing my family and I about a debt that would be too old to collect on but I do not owe them any money anyway.

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

State: IN

Zip: 46410

Submitted Via: Web

Date Sent: 2022-06-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5655604

Date Received: 2022-06-10

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: I went to Marshalls in XXXX on XX/XX/31 for I had about XXXX in gift cards and that should have worked towards my purchases for reason they did not and there computers were down for the gift cards or something happened where they didn't work only thing I had on me at the time was my tj max credit card for the whole amount the purchases this was not my fault at all and there was a full XXXX on the gift cards that I had since that was a company error I would like a XXXX credit of my purchases from that day at Marshals. I have emailed Synchorcary bank corp offices over the last 2 weeks several times and no in the company has responded to me what so I think they are ignoring me and don't want to dress my issues I just need a XXXX, XXXX credit put on my account for the purchases I made that day since this was not my fault at all synchonary bank has not responded once to my emails at all

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

State: UT

Zip: 84041

Submitted Via: Web

Date Sent: 2022-06-10

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5655408

Date Received: 2022-06-10

Issue: Problem when making payments

Subissue:

Consumer Complaint: I have used XXXX for a number of years. They offered me a personal line of credit of {$2800.00}. I agreed to their terms ( the fine print ), understanding that the personal credit line was actually offered by Synchrony Bank. Since I have a very short credit history, I am vigilant to always pay down to zero any credit use within the terms of the credit card or personal credit line so that my credit score is impacted as little as possible. As I understood how credit scoring worked, use of my credit while keeping percentage of use below 30 % was ideal for increasing score over time. On XX/XX/XXXX I made a payment of {$1500.00} as I had used XXXX to conveniently purchase two airline tickets at XXXX XXXX earlier in the month. This amount was immediately debited from one of my accounts at XXXX Bank. As of today, XX/XX/2022, Synchrony Bank is holding back almost {$1000.00} of my credit line as 'security ' which is what their representative told me earlier today when I called to inquire why credit reporting agencies were showing my credit use much higher than it should have been. My guess is Synchrony is using this hidden and deceitful 'security ' as a way to comply with Federal Banking regulations related to retained capital requirements. Synchrony would not tell me when the 'security ' hold would be taken off my account. This practice is opaque, not explained AT ALL when opening the personal line of credit, and very negative to my overall credit rating which dropped XXXX points in the latest cycle despite me having no real outstanding debt. I liken this to corporate check kiting. Where are the regulators?

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

State: CA

Zip: 90036

Submitted Via: Web

Date Sent: 2022-07-20

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5655320

Date Received: 2022-06-10

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

Subissue: Was not notified of investigation status or results

Consumer Complaint: Synchrony Bank has closed every XXXX of my consumer credit accounts with no reason to me. I went to use XXXX of my accounts and was declined - I researched and found that every single XXXX of my Synchrony Bank credit accounts were closed. I received no notification that this was taking place or given any reason. I have had perfect credit history with them, paid all my accounts on time if not all paid off. I had substantial credit lines available and clearly didn't abuse my credit privilages. By doing this, they have severely damaged my credit profile and scores.

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

State: WA

Zip: 98404

Submitted Via: Web

Date Sent: 2022-06-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5654439

Date Received: 2022-06-09

Issue: Fees or interest

Subissue: Charged too much interest

Consumer Complaint: I was making a payment towards my Care Credit XXXXSynchrony Bank and pulled my statement to notice I was charged {$99.00} on a {$550.00} balance. My apr with this card is 26.99 %. I asked how they can justifiably charge that type of interest on that amount and they claim it is because a promotional offer has expired. Even though the promotional offer expired, it does not constitute an enormous increase of interest. I need for someone to look at this. I did get irate, because they thought I would not know better; but I do work in the XXXX XXXX & never have seen such price gauging.

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

State: GA

Zip: 30117

Submitted Via: Web

Date Sent: 2022-06-28

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5654062

Date Received: 2022-06-09

Issue: Problem with a purchase shown on your statement

Subissue: Overcharged for something you did purchase with the card

Consumer Complaint: Care Credit account. Duplicate charge {$75.00} XXXX XXXX XXXX

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

State: NY

Zip: 144XX

Submitted Via: Web

Date Sent: 2022-06-09

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.