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Synchrony Bank Closed Accounts - Arbitration

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lakerfan2011
Regular Contributor

Synchrony bank making no sense yet again on the car credit account

So they send me a letter saying we can't reopen your account for the following reasons and they have no reasons.  and they say apply for a new account why would I need to apply for a new account I already have a credit line and have a balance

9E229C87-00DB-40DE-9C12-9EC72175DA98.jpeg

 

Message 21 of 23
coldfusion
Credit Mentor

Re: Synchrony bank making no sense yet again on the car credit account

One could discuss semantics as to whether or not you currently have a credit line but what is going to be reported is a closed account with $0 CL + your current balance.

 

Have you decided what your next step(s) will be?

 

If you want to report on your progress in chronological order you should consider using a single thread and updating it when you have something new to share.  That way people who aren't aware of what has already transpired can be informed and those of us who are aware will find it easier to keep up with your status.   [hint: it will also potentially save the mods from some work]

 

 

(10/2025)
FICO 8 (EX) 838 (TU) 846 (EQ) 850
FICO 9 (EX) 850 (TU) 850 (EQ) 850

$1M+ club

Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion
Message 22 of 23
Remedios
Credit Mentor

Re: Synchrony bank making no sense yet again on the car credit account

@lakerfan2011  I've merged your thread with the one @UncleB  started first you due to arbitrage.

Please avoid cross posting and starting new threads on the existing/identical topic. 

Thank you

Message 23 of 23
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