Synchrony Bank Consumer Loan Complaint

Installment loan Problems when you are unable to pay

Synchrony Bank Consumer loan department,

Installment loan Problems when you are unable to pay Virginia

Purchased a household appliance. The financing was done through Synchrony financial, one year interest free. Paid much more that the minimum payment. Was not able to pay off in the 1 year time frame. Now I am told that I owe interest for the loan for the entire amount of the loan for a year, not just interest on the remaining balance. This was never indicated in any way to me. I will never do business with this group again.

Synchrony Bank customer in Virginia
Sep 21, 2015

* Source: CFPB Complaint Database

Synchrony Bank response to complaint:
Closed with monetary relief

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