Synchrony Bank Total Exposure Thread

[KJinNC]

Current Credit Card total : 2
Current Credit Line : PPMC, $8k; Amazon Store Card, $6k
Current Debt Line across all Sync cards: around $100
Current Fico 8 scores: 748 TU 746 EX 751 EQ

Risk level, in my opinion: low to medium

My CLs aren't that high relative to income, and I have the use patterns I think Sync would like, using the cards frequently and paying in full more than once a month. On the down side, I don't use the cards any more than I did when the CLs were lower, I've never gotten my balances close to 25% of my CLs, and I have opened five credit cards in 2020. Two of which are on my credit reports, and three of which will show up any day.

[CreditJourney007]

Exposure is $49,000. 

Total cards = 6

Current Debt Line across all Sync cards: about $2500 (due to my dog's surgery I am paying off).
Current Fico 8 scores: 705 TU 701 EX 710 EQ

I'm probably high risk. Disco already took AA on me due to an unsecured loan - despite high income, (stable, though they don't know that) low utilization overall and on all cards, and a score above 700. 

I'm waiting for closure any day, honestly. Would suck because I love my Pay Pal 2% and Care Credit. 

[Viva-LV]

Total line over 4 cards: 20.5k.  Utilization: 6 to 8%.  Think I'm under the radar.

[SouthernCredit]

Credit Card: 1

Credit Limit: 18000 (Care Credit)

Balance: $0 for past 9 months

Fico 8: TU736, EQ736, EX730

Risk: moderate to high

Opened this Care Credit account last year when our new puppy ate a sock and needed a $4000 surgery. Didn't have the cash at the time, and they were running a 6 month, no interest deal at the emergency vet through Care Credit, so I opened the account. Originally approved for $150 more than the cost of the surgery (shocking); as soon as I had online access I requested the CLI so I wouldn't look maxed out, and got an instant to 18000. Made regular payments during the no interest period and paid it off prior to interest hitting. Have not used it since. Honestly waiting for the notification of closing for lack of use. I'd probably use it for personal medical expenses, but I have a decently funded HSA, so no real need apart from potential for another vet trip.

[Guyatthebeach]

Total number of cards: 7

Breakdown:

Amazon store card $1500 (use quarterly), PIF

Belk's $5500 (use at least once a month), always taking advantage of 30-60-90 0% financing

Lowes $2800(use at least once a month) PIF for small purchases, finance specials for projects

PayPal MC $6000 (use weekly) PIF

PayPal Credit $5000 (use for finance specials)

Sunglass Hut $2500 (use maybe twice a year for finance specials)

Sam's $5500(use weekly) PIF

total exposure $28,800

Fico scores: 730-755

Risk: Medium due to bankruptcy in 2011 and extremely high limits of available credit for personal and business.

These accounts only represent about 7% of my total available unsecured credit, but I don't want to lose these cards. Every card as a purpose to me. I've worked too hard in my rebuild to lose these cards and don't want to thin my accounts out until after my bankruptcy falls off my CR's at the end of 2021.

Guyatthebeach

[NichelleN]

Total Synch accounts: 4

Total Synch credit: 43K

Total Synch Balance: $1750

Limits and Balances

Amazon: $10K (No balance, but used very frequently)

JCPenney: $6K ($50 balance, used every couple of months)

Lowe's: $17K ($1700 promotional balance, planning to continue per schedule )

PayPal: $10K (Had a $9K balance until I realized that it now reports. Yes, I'm late to the party. Just paid balance to $0, not yet reflected on credit report)

Scores are 730+

Income is $200K+

I'd guess I am high risk?