Synchrony Financial Consumer Loan Complaint

Installment loan Managing the loan or lease

Synchrony Financial Consumer Loan department,

Installment loan Managing the loan or lease New York

Carecredit owned by Synchrony Bank does not offer more convenient methods of payment such as credit card payments. I wanted to pay off my loan ( which slammed me with crazy interest charges after the promotional period ). I got a - - credit card with lower interest and no interest charges for 15 mos. Great idea right? Better than paying 28 % on top of accrued interest penalty for not paying off a specific dental procedure ( which I tried to avoid ). Well where was all the money I payed allocated? Anyway, I could not do a balance transfer because THEY DO NOT ACCEPT this form of payment. This is absurd and a consumer RIPOFF. Intentionally done so the person who can not afford to get the medical dental work all at once gets the help they need via Carecredit BUT has to pay through the teeth later. Gee, thanks. My teeth cost me $4800.00 initally but I will probably pay double if I do n't pay this off. SCAM SCAM SCAM!!!! I find it hard to believe that a financial company with - 's of different products and service providers does not offer more convenient methods of accepting payments.

Synchrony Financial customer in New York
Jul 29, 2016

* Source: CFPB Complaint Database

Synchrony Financial response to complaint:
Closed with monetary relief

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