Synchrony Financial Consumer Loan Complaint

Installment loan Taking out the loan or lease

Synchrony Financial Consumer Loan department,

Installment loan Taking out the loan or lease Texas

Last - - I applied for a credit line to cover some - at my - office ( in one of their computers! ) I got approved with 'CareCredit ' from Synchrony Bank . I used the line of credit on the same day that I was approved, they offer me a promotional with 'no interest for 12 months ' the transaction was made on -/-/-, but the due date on the card was/is for the - of each month. I did not made any connection to it, until the month when I sent my last payment - which it should have been -/-/- ( as it was stated on the 12 month promo ) but to my surprise and disbelief the promo expiration date turned out to be set for -/-/-!! - Not the transaction date and not my due date ... now 'Synchrony Bank ' has charged me accrued interest from the transaction date to " their made up due date '' at a whopping 26.99 % interest rate ; they now want a total of $540.00 more dollars from me. Had I known that they do in this a consistent basis just to trap people into paying whatever interest rate they decide, I would have use any of my low interest cards. Angry and sad in T-.

Synchrony Financial customer in Texas
Jul 22, 2016

* Source: CFPB Complaint Database

Synchrony Financial response to complaint:
Closed with monetary relief

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