Debt collection -- Written notification about debt -- Complaint #11760356

Complaint Overview

Complaint ID: 11760356

Company: Synchrony Financial

Product: Debt collection

Sub-Product: Credit card debt

Issue: Written notification about debt

Sub-Issue: Didn't receive notice of right to dispute

State: New Jersey

ZIP Code: 08016

Date Received: 2025-01-25T12:00:00-05:00

Date Sent to Company: 2025-01-25T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Synchrony Bank charged illegal interest rates on CareCredit accounts. The lawsuit claims that Synchrony Bank violated state usury laws by charging high interest rates on CareCredit loans for medical care.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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