Some folks with "Credit" in their user ID.. It wasn't just CreditAddict .....
I dislike MyFico's search tool at times...
Found one of the folks
Creditplz...
Also a few more mentions on the thread- (warning this is a pro/nay thread on Sync in general but there are some good points in it)
http://ficoforums.myfico.com/t5/Credit-Cards/What-the-heck-is-going-on-with-Synchrony/td-p/4669682
@Anonymous wrote:O do not waste your time -- Ive read at least 2 threads here and a few on Creditboards where people submitted the form and their accounts were STILL CLOSED. If your income doesnt match to a T, I would not bother -- i think they are looking to cut exposure and will do so any way they deem fit. Move on, muchhhh better cards with much better APRs ... run, dont walk.
I get what you're saying Joey but what is strange to me is with all of these Sync post, you read so many post of people who say that Sync is absolutely useless, the worst cards ever, crappy APR, would never provide a 4506 for such a useless card, etc, etc etc. But yet why when applying for these very same cards none of that logic came to mind. Why only after Sync pulls this income verification does this logic come in to play. Maybe, just maybe, if we (myself included) had used this logic from the beginning we wouldn't have so many Sync cards and high exposure, which may, or may not, be the cause of this fiasco? If we hold Sync card and not use them (which some people have stated) do we only hold them to disguise the actual credit card debt we're racking up on cards that we really do use?
@Loquat wrote:
@Anonymous wrote:O do not waste your time -- Ive read at least 2 threads here and a few on Creditboards where people submitted the form and their accounts were STILL CLOSED. If your income doesnt match to a T, I would not bother -- i think they are looking to cut exposure and will do so any way they deem fit. Move on, muchhhh better cards with much better APRs ... run, dont walk.
I get what you're saying Joey but what is strange to me is with all of these Sync post, you read so many post of people who say that Sync is absolutely useless, the worst cards ever, crappy APR, would never provide a 4506 for such a useless card, etc, etc etc. But yet why when applying for these very same cards none of that logic came to mind. Why only after Sync pulls this income verification does this logic come in to play. Maybe, just maybe, if we (myself included) had used this logic from the beginning we wouldn't have so many Sync cards and high exposure, which may, or may not, be the cause of this fiasco? If we hold Sync card and not use them (which some people have stated) do we only hold them to disguise the actual credit card debt we're racking up on cards that we really do use?
I agree with this, but is applies elsewhere as well. Basically, apping (successfully!) is "fun". Any time of rejection isn't. And when bad things happen, then people will complain loudly. Now Syncs actions are heavier than many, but you will see lots of similar complaints when people are refused CLIs or APR reductions, suddenly worse bank ever, their loss etc.
Maybe why? Historically the stock has slipped -1.90% in the past week and plunged -3.31% in the last four weeks, the stock illustrate that its three months performance stands at -13.40% while its year to date performance is at -11.26%. The stock hit the peak price level of one year at $34.60 and touched the minimum level of $23.25. Shares are trading -22.01% off from the 52-week high price and +16.07% above from the 52-week bottom price level. The stock is now trading at a distance of -2.46% from SMA-20. The stock is presently trading -0.26% below from its SMA-50. In the current trading session, the stock’s price moved -6.04% below from its SMA-200. The company has a Return on Assets of 2.70%. The company currently has a Return on Equity of 17.00% and a Return on Investment of 21.20%.
