What is SYNCB/PPEXTR?
SYNCB/PPEXTR is a credit report code that stands for Synchrony Bank/PayPal Extras Mastercard.
SYNCB/PPEXTR may be on your credit report as a hard inquiry. This usually happens when you apply for a PayPal Extras Mastercard.
Hard inquiries on your credit report will typically only drop your credit score by a few points. However, if you have too many, especially in a short period of time, they can really start to add up and do some damage.
How long do hard inquiries stay on your credit report?
Hard inquiries can remain on your credit report for up to two years. Each time you make an inquiry, it is recorded by one or all of the three major credit reporting agencies: Equifax, Experian, and TransUnion.
Unauthorized Inquiries
If you see an inquiry on your credit report that you don’t recognize, reach out to Synchrony Bank and ask for clarification. The bank’s contact information can be found in the hard inquiry section of your credit report. You can use it to follow up with them and take any necessary steps to address the issue.
Why should I remove SYNCB/PPEXTR from my credit report?
Having SYNCB/PPEXTR listed on your credit report can adversely impact your chances of getting approved for credit or loans in the future. It can also lead to higher interest rates and less favorable loan terms, ultimately resulting in additional expenses for you.
How can I remove SYNCB/PPEXTR?
Lexington Law specializes in removing inquiries and other negative marks on your credit report. With more than 18 years of experience, they achieved over 6 million removals for their clients in 2021 alone.
They can also help you dispute (and possibly remove) the following items:
- late payments
- collections
- charge offs
- foreclosures
- repossessions
- bankruptcies
Get Your Inquiries Removed Today!
If you’re struggling with bad credit and want to learn more, consider a free credit consultation with Lexington Law.
They have helped many people in your situation. Give them a call at (800) 220-0084 to see what they can do for you.
