What is SYNCB/Google?
When reviewing your credit report, you might come across SYNCB/Google and wonder what it means. In this article, we’ll shed some light on what SYNCB/Google stands for and its impact on your credit score.
SYNCB/Google: The Connection Between Synchrony Bank and Google
SYNCB/Google represents a partnership between Synchrony Bank and Google, specifically pertaining to the Google Store credit card. Synchrony Bank, a prominent financial institution, issues the Google Store credit card, which allows customers to finance their Google product purchases, such as smartphones, laptops, and smart home devices.
Hard vs. Soft Inquiries
Understanding the difference between hard and soft inquiries is crucial when examining your credit report. Both types of inquiries serve different purposes and have distinct impacts on your credit score.
Hard Inquiries
A hard inquiry typically occurs when you apply for new credit, and the lender or creditor runs a credit check. Examples include applying for mortgages, car loans, credit cards, insurance policies, or even some job applications. Although a hard inquiry might only cause your credit score to drop by a few points, having multiple hard inquiries within a short period can negatively affect your credit score.
Soft Inquiries
Soft inquiries occur when a company checks your credit history as part of a background check, or when a credit card issuer or lender checks your credit to prequalify you for an offer. Unlike hard inquiries, soft inquiries don’t impact your credit score, so they won’t harm your overall credit health.
How long do hard inquiries stay on your credit report?
Hard inquiries, such as those from SYNCB/Google, stay on your credit report for up to two years, regardless of whether you’re approved for the Google Store credit card. These inquiries are recorded by one or more of the three major credit reporting agencies: Equifax, Experian, and TransUnion.
Spotting Unauthorized Inquiries
If you notice an unfamiliar inquiry on your credit report or believe you never made such an inquiry, it’s essential to contact Synchrony Bank and inquire about the entry. The creditor’s name should appear under the hard inquiry section on your credit report.
Removing SYNCB/Google from Your Credit Report
If you find that SYNCB/Google shouldn’t be on your credit report or you’re struggling with other negative items affecting your credit, consider seeking assistance from credit repair experts like Credit Saint.
With years of experience, they have helped many clients remove various negative items from their credit reports, including inquiries, late payments, collections, and more.
Taking Control of Your Credit Health
Improving your credit score starts with understanding the factors that contribute to it, such as hard and soft inquiries. If you’re struggling with bad credit, consider seeking a free credit consultation with a reputable credit repair company like Credit Saint.
Visit their website, fill out the form, and take the first step toward improving your credit situation today.
Ready to Raise Your Credit Score?
Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
Crediful is your go-to destination for all things related to personal finance. We're dedicated to helping you achieve financial freedom and make informed financial decisions. Our team of financial experts and enthusiasts brings you articles and resources on topics like budgeting, credit, saving, investing, and more.
