Synchrony Bank Credit card department,
Credit card protection / Debt protection California
I signed up for the Care Credit account I 'm -/-/-. They had a " promotional '' deal with low interest rates good for 18 months ; the rate thereafter would go into the high 20 's ( 26 % + ). The expiration for the low rate was -, whereupon an accrued amount of $3000.00 was added to my balance taking it from $ - to $ -. My understanding of how the rate increase would occur was that at the end of the promotion, my remaining balance would be charged interest at the non-promotional 26 % + rate. It was never explained otherwise to me.
Synchrony Bank customer in California
Nov 10, 2015
* Source: CFPB Complaint Database
Synchrony Bank response to complaint:
Closed with monetary relief
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