Syncapay, INC -- Consumer Complaint Report & Risk Analysis

Syncapay, Inc: Frequent Issues with Card Usage and Fees

Complaint Summary

Syncapay, INC has received 11 consumer complaints filed with the CFPB across 2 products. The most common issues reported are trouble using the card, unexpected or other fees, problem getting a card or closing an account. Complaints span 8 states, with New York and Florida leading in complaint volume.

Company Overview

Company: Syncapay, INC

Total CFPB Complaints: 11

AI Risk Score: 53/100

Most Recent Complaint: 2021-06-06T12:00:00-05:00

Risk Breakdown

  • Complaint Volume: medium
  • Response Quality: fair
  • Issue Recurrence: medium
  • Consumer Harm Severity: low

AI Company Analysis

Syncapay, Inc has 11 consumer complaints on file with the CFPB. Syncapay, Inc has received 11 complaints related to their products and services. The last complaint was filed on 2021-06-06T12:00:00-05:00.

Response Quality Assessment

fair

Top Consumer Issues

Trouble using the card -- Severity: medium

Red Flags

  • Customers have reported unexpected fees and difficulties with card usage.

Green Flags

  • Some customers have noted positive experiences with customer service.

Consumer Tips & Advice

Consumers should be cautious about unexpected fees and ensure they understand the terms of their card or account.

Complaint Trend Analysis

There is a trend of increasing complaints over the past year, indicating potential issues with customer service or product reliability.

Regulatory History

Regulatory history shows that Syncapay, Inc has faced multiple complaints but has not been subject to significant regulatory action.

Industry Context

Syncapay, Inc operates in a highly regulated industry with strict requirements for financial services and card issuance.

Frequently Asked Questions About Syncapay, INC

How many CFPB complaints does Syncapay, Inc have?

Syncapay, Inc has 11 complaints on file with the CFPB. The most recent complaint was filed on June 6, 2021.

What is Syncapay, Inc's complaint response rate?

Response rate data is not yet available for Syncapay, Inc.

Does Syncapay, Inc respond to complaints on time?

Timely response data is not yet available for Syncapay, Inc.

Is Syncapay, Inc safe to do business with?

Syncapay, Inc: Frequent Issues with Card Usage and Fees Syncapay, Inc has 11 CFPB complaints. Risk score: 53/100.

What red flags exist for Syncapay, Inc?

Potential red flags for Syncapay, Inc: Customers have reported unexpected fees and difficulties with card usage.. These are based on analysis of CFPB complaint patterns.

What are Syncapay, Inc's strengths?

Positive indicators for Syncapay, Inc: Some customers have noted positive experiences with customer service..

What tips should consumers know about Syncapay, Inc?

Consumers should be cautious about unexpected fees and ensure they understand the terms of their card or account.

Are complaints against Syncapay, Inc increasing or decreasing?

There is a trend of increasing complaints over the past year, indicating potential issues with customer service or product reliability. Syncapay, Inc currently has 11 total complaints.

Has Syncapay, Inc faced regulatory action?

Regulatory history shows that Syncapay, Inc has faced multiple complaints but has not been subject to significant regulatory action.

How does Syncapay, Inc compare to industry peers?

Syncapay, Inc operates in a highly regulated industry with strict requirements for financial services and card issuance.

What are the most common issues reported by customers?

The most common issues reported are trouble using the card and unexpected or other fees.

Recent Complaints Against Syncapay, INC

Complaint IDProductIssueDate ReceivedCompany ResponseState
#6230342Credit card or prepaid cardProblem with a purchase or transfer2022-11-21T12:00:00-05:00Ohio
#5968840Credit card or prepaid cardTrouble using the card2022-09-10T12:00:00-05:00Texas
#5849925Money transfer, virtual currency, or money serviceManaging, opening, or closing your mobile wallet account2022-08-05T12:00:00-05:00New York
#5817537Credit card or prepaid cardUnexpected or other fees2022-07-27T12:00:00-05:00Georgia
#5645378Credit card or prepaid cardTrouble using the card2022-06-07T12:00:00-05:00New York
#5254959Credit card or prepaid cardUnexpected or other fees2022-02-23T12:00:00-05:00Indiana
#4854362Credit card or prepaid cardTrouble using the card2021-10-28T12:00:00-05:00Florida
#4622614Credit card or prepaid cardProblem getting a card or closing an account2021-08-11T12:00:00-05:00Florida
#4611730Credit card or prepaid cardTrouble using the card2021-08-07T12:00:00-05:00North Carolina
#4470225Credit card or prepaid cardProblem getting a card or closing an account2021-06-17T12:00:00-05:00Massachusetts
#4436468Credit card or prepaid cardTrouble using the card2021-06-06T12:00:00-05:00New York

Syncapay, INC Complaints by State

Syncapay, INC Complaints by Product

Syncapay, INC Complaints by Issue

Disclaimer

This analysis is based on CFPB complaint data and AI interpretation.

About This Report

This consumer complaint report for Syncapay, INC is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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