Interesting Synchrony Denial letter

[Anonymous]

---

@AverageJoesCredit wrote:
Yeah im at 10k on Amy but hasnt moved since, though i really dont need it. Definetely one of their tougher cards

---

How many $10K cards have they let you have? I would be happy with just my Amazon being $10K but I won’t complain if they raise my PayPal there too and I’ll probably go for B&H’s regular financing card at some point but my Sync exposure is at $16K currently. 

[Remedios]

---

@AverageJoesCredit wrote:
Hey guys, you know on occasion i smash luv buttons. Did a round on my Sync cards recently thought i would share the denial reasons on my Paypal MC.

1) Change of indebtness on non-mortgage accounts ( yeah, helping out sisters all the time hurts)

2) Too many bancard balance shifts in recent months ( yeah playing the bt game 1 too many times )

3) Recency of max aggregate bankcard balance over the last year ( no clue)

4) too many inquiries ( yeah, im a true MFer)

Credit score 729 as of July 18th. See i told ya, scores are meaningless lol. Just wanted to share some nice dps not stating insufficient experience. Good day y'all

---

Sorry about the denial @AverageJoesCredit 

It's interesting to see them use trended data though, because reasons 1, 2 and 3 would require it 

[AverageJoesCredit]

Thanks Remmy. @Anonymous, i think i have 5 cards at 10k or more through Sync.

[Anonymous]

---

@AverageJoesCredit wrote:
Thanks Remmy. @Anonymous, i think i have 5 cards at 10k or more through Sync.

---

Wow! That’s impressive! I guess I won’t worry about it lol. 

[AverageJoesCredit]

Of note i think i got these during the good year of Sync luv, lol, and my debt was definetly lower

[Anonymous]

Sync has been quite good to me so far and my profile isn’t clean. If I survive this month with my limits with them intact (thanks to NFCU reporting my SSL at 100%, it’s going to look like I added $6K in debt this month when in reality it’s $3K), I think I don’t have anything to worry about with Sync.

[ZackAttack]

---

@Anonymous wrote:

Yep. Sync is definitely getting tighter. My last letter switched from insufficient experience to the same reasons as my FICO reason codes that were further down the page. Literally a copy and paste of them. Sync doesn’t seem to like the idea of giving me a $10K PayPal card. 

---

They denied me a total of 4 times. 

2 on PayPal MC (April & May)

2 on Amazon Store (June & July)

All the denial letters said time established on active accounts along toward the bottom of factors. Surprised Syn said no on July because Amex & Best Buy said yes. :eyes:

[Anonymous]

#2 is very interesting. I've done several BT's yet have never gotten that reason as a denial, nor have I ever seen it. I knew it was something they likely kept track of, to make sure you're actually paying debt down and not just shifting it back and forth.

Though it didn't seem to bother Chase too much when I apped the Freedom Unlimited, even have a 0% BT on the CSP ATM.

Maybe I'll slow down on "balance shifts" in the future. lol

[AverageJoesCredit]

Balance shift away lol. If they dont like it, dont offer bts to us . Do whats best for you and not the bank i say. Most of these bsnks and CU dont wan are to help when you need it only when you dont

[pinkandgrey]

I say we all boycott PayPal. 

Sorry about the weird denial. Average Joe has an above average score and still gets denied. No justice.