Seeing SYNCB/PPC on your credit report and not sure what it means? Let’s break it down and explain how to handle it—whether it’s legitimate or an error.
What Is SYNCB/PPC on Your Credit Report?
SYNCB/PPC stands for Synchrony Bank PayPal Credit. This code shows up when you apply for or use PayPal Credit, a financing option offered by Synchrony Bank in partnership with PayPal.
PayPal Credit lets you make purchases online and spread out the payments over time. It works like a revolving line of credit and is accepted by many retailers that process payments through PayPal.
Why SYNCB/PPC Appears on Your Credit Report
The most common reason SYNCB/PPC shows up is because of a hard inquiry. That happens when you apply for PayPal Credit, and Synchrony Bank checks your credit report to decide if you qualify.
Here are other reasons you might see SYNCB/PPC:
- Authorized User Status: If you’re an authorized user on someone else’s PayPal Credit account, it could show on your credit report too.
- Errors or Fraud: If you didn’t apply for PayPal Credit, SYNCB/PPC could be a mistake—or worse, identity theft.
- Late Payments: If you’ve missed payments or your PayPal Credit account is delinquent, Synchrony Bank may report that to the credit bureaus.
- Account Closure or Settlements: If your PayPal Credit account was closed or settled for less than the full amount, that activity might appear as well.
- Routine Updates: Even with regular account activity, the credit bureaus receive periodic updates that reflect your balance, payment history, and credit limit.
How Long SYNCB/PPC Stays on Your Credit Report
Hard inquiries like SYNCB/PPC can stay on your credit report for up to two years. Their impact on your credit score is usually small and fades over time, but the inquiry itself remains visible to lenders during that period.
Monitoring your credit regularly helps you catch these entries and confirm everything on your report is accurate.
What to Do About Unauthorized SYNCB/PPC Inquiries
If SYNCB/PPC shows up and you didn’t apply for PayPal Credit, act quickly. It could be a reporting error or a sign of identity theft.
Here’s what to do:
- Contact Synchrony Bank: Confirm whether the inquiry is valid. They can tell you if an application was submitted under your information.
- Dispute It With the Credit Bureaus: If it’s unauthorized, file a dispute with Equifax, Experian, and TransUnion. Removing incorrect inquiries protects your credit score.
- Take Extra Security Steps: If you suspect identity theft, place a fraud alert or credit freeze to help prevent further damage.
How to Remove SYNCB/PPC From Your Credit Report
You have the right to dispute inaccurate or unauthorized hard inquiries. You can do this on your own by contacting the credit bureaus directly—or you can work with a trusted credit repair service.
A company like Credit Saint can guide you through the process and help remove incorrect items from your credit report. They even offer a 90-day money-back guarantee if you’re not satisfied with their service.
If you’re ready to take action, visit their website and see how they can help clean up your credit history.
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