Has your Synchrony account (or accounts) been closed? Discuss it here.
What a way to start a Friday... was looking at accounts trying to figure out a plan of attack with my reduction in wages.
Every Synchrony account I have is closed! With balance ($3,700 across 2 cards) or without doesn't matter they are all closed.
This will be a loss of $86,900 of available credit, which is going to drive my utilization through the roof!
So far they've left DW's account open.
Only changes I can think of at the moment that may have played a role in this is the refinance of the wife's car; the new loan is reporting and the old loan is too. Ally said they won't be sending updates to credit bureaus until they are back to work.
I see I have a letter coming today from Synchrony, maybe it will tell me why.
So far they haven't touched my business lines either, who knows how long that will last.
Wow, sorry to hear that. Will be checking back for an update.
@Anonymous wrote:How were you alerted of this?
I have not received any alerts yet.
I discovered it when I was checking accounts to update my spreadsheets.
@Brian_Earl_Spilner wrote:Wow, sorry to hear that. Will be checking back for an update.
I forgot I had applied for the Marvel card a few weeks ago. The letter in the mailbox was it's denial letter dated April 12, 2020:
Not enough balance paid down over time on real estate secured loans (mortgage is 14 months old have been paying extra $100 a month-- not surprising not much has been paid down on a 30 year loan in 14 months)
Too many bank cards with a high balance (one card is nearly maxed from balance transfer)
Not enough balance paid down over time on revolving accounts
Too many Inquiries
Score provided was from April 8, 2020 : 645
I always pay more than minimum, no lates in the last 8 years.
Hopefully I get a letter explaining why. Old Navy Visa says I requested the closure (I did not) when I asked the chat bot online; all other accounts chat but says "sorry, it appears your account is closed".
Ugh I'm sorry to hear this. 
So sorry to hear that this happened! How many card with them? Only see 2 in siggy. Have you called could it be fraud though the people reporting thing similar to this probably another account closure. That really sucks.
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