Credit card or prepaid card -- Closing your account -- Complaint #6362743

Complaint Overview

Complaint ID: 6362743

Company: Synchrony Financial

Product: Credit card or prepaid card

Sub-Product: Store credit card

Issue: Closing your account

Sub-Issue: Company closed your account

State: New Jersey

ZIP Code: 085XX

Date Received: 2022-12-26T12:00:00-05:00

Date Sent to Company: 2022-12-26T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Account was opened for almost 1 year. XX/XX/2022 would have been a year. I missed my XXXX payment because of XXXX. I paid on this account regularly throughout the year, sometimes paying {$200.00} per month to get the balance down. On XX/XX/2022, XXXX XXXX closed my account because they ran my credit report ON XX/XX/2022 and found unfavorable actions in my credit report. This is unfair because account was already opened and Ive been a customer for almost one year and making regular payments. I contacted the rep at lowes credit Card rep on XX/XX/XXXX, she told me thats why they closed my account on XX/XX/XXXX because they ran my credit report on XX/XX/XXXX and did not like what they had seen.

Frequently Asked Questions

What is Complaint #6362743 about?

Complaint #6362743 was filed against Synchrony Financial regarding Credit card or prepaid card specifically about Closing your account. It was received by the CFPB on 2022-12-26T12:00:00-05:00.

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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