Credit card or prepaid card -- Trouble using your card -- Complaint #5345331

Complaint Overview

Complaint ID: 5345331

Company: Synchrony Financial

Product: Credit card or prepaid card

Sub-Product: Store credit card

Issue: Trouble using your card

Sub-Issue: Credit card company won't increase or decrease your credit limit

State: Georgia

ZIP Code: 30016

Date Received: 2022-03-20T12:00:00-05:00

Date Sent to Company: 2022-03-23T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

My initial credit limit was {$2000.00}. I never missed any payments or paid late or went over my credit limit. When my balance was around {$1500.00}, they decreased my credit limit to {$1600.00} which made it look like i was close to maxing out my credit limit. This significantly affected and lowered my credit score and my usage limits.

Frequently Asked Questions

What is Complaint #5345331 about?

Complaint #5345331 was filed against Synchrony Financial regarding Credit card or prepaid card specifically about Trouble using your card. It was received by the CFPB on 2022-03-20T12:00:00-05:00.

How did Synchrony Financial respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Credit card or prepaid card) and describe your issue in detail.

Can I see other complaints against Synchrony Financial?

Yes, visit the Synchrony Financial company profile at readthecomplaint.com/company/synchrony-financial to see all complaints, risk scores, and analysis.

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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