topic Re: synchrony bank in Credit Cards

synchrony bank

Anonymous — Mon, 13 Jul 2015 06:36:47 GMT

I have tried and tried, but cannot get approved for any of their cards. I have comenity store cards, capital store and mastercards. I also have a cabelas visa. Every card they say with synchrony is easy to get I get denied. My fiancé has the same credit score as me and the same bills since we own a home and vehicles together. Kind of confused please send your advice.

Re: synchrony bank

myjourney — Mon, 13 Jul 2015 06:40:35 GMT

Welcome to the forum

Have you ever burned them?

Re: synchrony bank

Skye12329 — Mon, 13 Jul 2015 06:42:48 GMT

Well little hard to know why without some information.

What are the denial reasons you have gotten?
Whats your current FICO Score?
Missed any payments or have any collections or Bankruptcies...etc.
Do you know how old your Average Age of Accounts is?
How about Inquiries?

Those are some questions that can help us determine such reasons also.

Re: synchrony bank

Anonymous — Mon, 13 Jul 2015 06:49:43 GMT

No. I have never had one of their cards

Re: synchrony bank

UncleB — Mon, 13 Jul 2015 06:50:19 GMT

@Skye12329 wrote:
Well little hard to know why without some information.

What are the denial reasons you have gotten?
Whats your current FICO Score?
Missed any payments or have any collections or Bankruptcies...etc.
Do you know how old your Average Age of Accounts is?
How about Inquiries?

Those are some questions that can help us determine such reasons also.

I would also be interested to know if the denial reason is always the same, since you've been declined more than one time.

Re: synchrony bank

Anonymous — Mon, 13 Jul 2015 06:51:33 GMT

My tu is 620 and eq640. I had a recent bankruptcy, but I have been approved for the cards listed in earlier post since.

Re: synchrony bank

Anonymous — Mon, 13 Jul 2015 06:55:14 GMT

@Anonymous wrote:
My tu is 620 and eq640. I had a recent bankruptcy, but I have been approved for the cards listed in earlier post since.

This is more than likely the reason.

Re: synchrony bank

UncleB — Mon, 13 Jul 2015 06:56:53 GMT

@Anonymous wrote:
@Anonymous wrote:
My tu is 620 and eq640. I had a recent bankruptcy, but I have been approved for the cards listed in earlier post since.
This is more than likely the reason.

I agree; give it some time, and Synchrony will welcome you with open arms.

Re: synchrony bank

Anonymous — Mon, 13 Jul 2015 06:56:58 GMT

How long do you think I should before trying again??

Re: synchrony bank

Anonymous — Mon, 13 Jul 2015 07:00:58 GMT

Does synchrochy have tougher standards than comenity store cards

Re: synchrony bank

Anonymous — Mon, 13 Jul 2015 07:02:17 GMT

@Anonymous wrote:
How long do you think I should before trying again??

How recent is your bankruptcy?

Re: synchrony bank

Anonymous — Mon, 13 Jul 2015 07:05:02 GMT

Discharged in December

Re: synchrony bank

Anonymous — Mon, 13 Jul 2015 07:05:56 GMT

They seem to be a bit tougher. I had to wait awhile to get credit limit increases as opposed to Comenity Bank. Whch will give me one every month on Vickies.

Re: synchrony bank

Anonymous — Mon, 13 Jul 2015 07:07:37 GMT

Wow you've done great. I hope I can get there.

Re: synchrony bank

Anonymous — Mon, 13 Jul 2015 07:09:47 GMT

@Anonymous wrote:
Discharged in December

December might be a little too recent for them. Maybe try again in 6 months after your new cards have a chance to age a bit.

Re: synchrony bank

Anonymous — Mon, 13 Jul 2015 07:32:54 GMT

@Anonymous wrote:
Wow you've done great. I hope I can get there.

Just follow the advice from all the experts on here and you will do the same. I learned more than I can say from being here only 8 months!

Re: synchrony bank

SunriseEarth — Mon, 13 Jul 2015 13:31:07 GMT

@Anonymous wrote:
My tu is 620 and eq640. I had a recent bankruptcy, but I have been approved for the cards listed in earlier post since.

The old rule of thumb was that Sync wouldn't approve if you had a BK within the past 2 years. Many have had success at getting in before this, but that may give you more of a guideline. I'd wait six months at least, let some of your INQs age off, and try again.

Re: synchrony bank

Existentialist — Mon, 13 Jul 2015 21:32:56 GMT

With more positive history on current TLs BK effect will diminish. It carries most weight with limited history. Since we're talking this past December theres little point to adding more unnecessary pulls. The general consensus is correct..... no more Sych apps until the year is complete.

Re: synchrony bank

Anonymous — Thu, 30 Jul 2015 01:40:17 GMT

Today I got a $13,500 CLI with Synchrony. I think I could have gotten more. Since I'm waiting for my scores to go higher, I thought i'd try the CLI avenue.

Re: synchrony bank

Anonymous — Sat, 22 Aug 2015 15:43:36 GMT

Terrible Bank! They approved me for Walmart card 5-6 months ago and gave me a $150 limit. Paid my bill every month and on time, asked for limit increase was denied. I wasn't even asking for much either to just bump me to $500, as I use my card when I go grocery shopping. The last two months I haven't bothered to use my card much because my grocery bill was between 180 and 250. Couldn't even use the card if I wanted to wasn't enough to cover the charge, ended up using my debit card instead. I've tried several times for limit increase still denies me every time. Once I pay this card off, cutting it up and putting it in the trash! Terrible company, Terrible customer service!