Who is 08 Synchrony Bank?
08 Synchrony Bank is a consumer financial services company headquartered in Stamford, Connecticut. Synchrony Bank provides over 120 private label credit cards and store-branded cards. You can find a full list of them here.
You may see 08 Synchrony Bank listed on your credit report as a collections account. This can happen if you have defaulted on a Synchrony credit card account.
How can I remove 08 Synchrony Bank from my credit report?
Collection accounts can impact your credit score for up to seven years, so it’s essential to address them promptly. To remove collections from your credit report, you can start by disputing any errors related to the account with the credit bureaus.
If the information is accurate, consider negotiating a “pay-for-delete” agreement, where you offer payment in exchange for the account’s removal. Another option is to work with a credit repair service that specializes in challenging collections.
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08 Synchrony Bank Contact Information
Address:
Synchrony Bank
950 Forrer Blvd
Kettering, OH 45420
Phone number: (866) 419-4096
Should I contact or pay 08 Synchrony Bank?
Before contacting a collection agency, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.
The most effective way to deal with 08 Synchrony Bank is to work with a credit repair professional. They help remove millions of negative items every year from companies like Synchrony on behalf of their clients.
Will 08 Synchrony Bank sue me or garnish my wages?
Synchrony Bank, like other credit card issuers, may choose to sue a cardholder for non-payment as a last resort if all other debt collection efforts fail. If they win a lawsuit against you, they might have the legal right to garnish your wages or levy your bank accounts to recover the debt.
However, they typically use these measures sparingly due to the cost and time involved in legal proceedings. Any potential action will depend on your specific circumstances, the laws in your state, and the amount of your debt.
08 Synchrony Bank Complaints
Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you are being harassed, consider filing a complaint.
You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA).
Your Rights When Dealing with 08 Synchrony Bank
Debt collectors must follow state and federal laws. For example, the FDCPA prohibits a debt collection company from using abusive, unfair, or deceptive practices and ensures your rights are protected:
- It is a violation of federal law for 08 Synchrony Bank to report inaccurate or incomplete information about you.
- You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. They have 30 days to prove the debt is yours and the amount is accurate.
- 08 Synchrony Bank cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- 08 Synchrony Bank must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
- 08 Synchrony Bank cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove 08 Synchrony Bank From Your Credit Report Today!
Credit Saint offers assistance with disputing 08 Synchrony Bank accounts. With over 15 years of experience, they have worked with clients to address incorrect entries on credit reports.
If managing collection accounts feels overwhelming, working with a trusted credit repair company could be a helpful step toward improving your credit.
Visit their website or call (855) 281-1510 for more details.
