How to Remove 08 Synchrony Bank From Your Credit Report

Is 08 Synchrony Bank hurting your credit score?

Lexington Law Firm has successfully assisted millions of clients in removing inaccurate and questionable negative information from their credit reports.

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?

08 Synchrony Bank collections can hurt your credit score and remain on your credit report for up to seven years regardless of whether you pay it or not. Unfortunately, paying the collection could even lower your credit score.

However, it is possible to remove a collection account from your credit history before seven years.

(While debt collectors may not want this information to be widely known, it’s your right to be informed.)

Lexington Law is a professional credit repair law firm that works with people who want to fix their credit.

In addition to collections, Lexington Law can work with you to challenge other inaccurate, unfair, or unsubstantiated information on your credit report. These items include inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.

Call Lexington Law now to learn more: (800) 220-0084

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?

It’s best to avoid speaking to a collection agency on the phone. And making payments on the debt will reset the clock. As a result, it could harm your credit rather than improve it. However, sometimes it’s better just to pay the collection account, especially if it’s new, and you’re certain that it’s legit.

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.

And they may be able to help you too.

Will 08 Synchrony Bank sue me or garnish my wages?

It’s possible, but if you work with a law firm like Lexington Law, you have nothing to worry about. They help you dispute the collection account with the credit bureaus and possibly get it removed from your credit report. It’s also quite possible that you will never hear from or have to deal with 08 Synchrony Bank collections again.

Call Lexington Law to learn how they can help you.

Is 08 Synchrony Bank hurting my credit score?

Any derogatory item on your credit report, including a collections account, may harm your credit score.

Debt collectors often buy and sell debt from one another. This can lead to multiple collections on your credit report for the same account.

If you don’t dispute each account with the credit bureaus and get them removed, they can damage your credit score.

08 Synchrony Bank Complaints

Most collection agencies have numerous complaints filed against them with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most consumer complaints are about inaccurate reporting, harassment, or failure to verify a debt. If a debt collector is harassing you, you may want to 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 abide by state and federal laws in the United States. For example, the Fair Debt Collection Practices Act prohibits a debt collection company from using abusive, unfair, or deceptive practices. In addition, the FDCPA provides you with many rights to ensure that collection agencies don’t take advantage of you. In particular:

  • It is a violation of federal law for 08 Synchrony Bank to report inaccurate or incomplete information on your credit report.
  • You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. By law, they have 30 days to prove to you that the debt is really yours and the total amount is accurate.
  • 08 Synchrony Bank may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
  • 08 Synchrony Bank must be honest about who they are and what they are attempting to do. They must notify you that they are a debt collection agency both orally and in writing.
  • 08 Synchrony Bank cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove 08 Synchrony Bank From Your Credit Report Today!

Lexington Law can assist you in disputing 08 Synchrony Bank accounts. They have over 18 years of experience and their clients saw over 6 million removals on their clients in 2021 alone.

If you’re looking for a reputable credit repair company to assist you with inaccurate collection accounts and repair your credit, consider working with Lexington Law.

They have helped many people in your situation. Give them a call at (800) 220-0084 for a free credit consultation to see what they can do for you.