Synchrony Financial Credit Card Complaint

Late fee

Synchrony Financial Credit card department,

Late fee New Jersey

I would like to bring to someone 's attention a scam being perpetrated by Synchrony Financial. In my case the bank requires payment by the - of the month. I receive my paycheck on the first of the month and pay my bills at that time. As a result, on several occasions, I paid my bill before receiving the hard copy of the bill from -. This has caused my account to accrue late payments ( for early payment ). How can someone receive a late payment for paying early? As a result, I contacted the bank and was advised that the bank 's computer system does not have the capability to accept payments between the - the - and apply these payments to the current month. As a result, a late fee is applied. I was advised to make payment after the - and before the - ( due date ) to avoid late payment fees. This computer glitch causes honest consumers to receive late payments. When challenged, I did receive a refund for the - fees below but was advised that only - fees can be refunded per year and that any additional fees will not be refunded. They did not admit to any irregularity with the billing system. The question is ; How many other honest consumers are being penalized for early payments and do n't know it? Note : I also have - - account with Synchrony and the same issue occurred.

Synchrony Financial customer in New Jersey
Jan 10, 2017

* Source: CFPB Complaint Database

Synchrony Financial response to complaint:
Closed with non-monetary relief

Created with Highcharts 4.2.3Synchrony FinancialComplaint HistoryComplaints1/20162/20163/20164/20165/20166/20167/20168/20169/201610/201611/201612/20161/20172/20173/20174/20170246810Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Synchrony FinancialLate fee33.3%61.5%5.1%Closed with explanationClosed with monetary reliefClosed with non-monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLate fee0.6%32.9%52.7%3.0%7.6%2.8%0.4%0.0%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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