How to Remove SYNCB/Walmart From Your Credit Report


Is SYNCB/Walmart hurting your credit score?

Credit Saint has successfully assisted countless clients in removing inaccurate and questionable credit inquiries from their credit reports.

What is SYNCB/Walmart?

The entry SYNCB/Walmart on your credit report signifies a hard inquiry associated with applying for a Walmart credit card. Originally issued by Synchrony Bank, this card’s application could impact your credit score, so it’s important to understand its effect on your overall credit wellbeing. However, Walmart credit cards are currently issued by Capital One.

How Walmart Credit Card Applications Impact Your Credit

When you apply for a Walmart credit card, Synchrony Bank performs a hard inquiry on your credit report. This type of inquiry typically causes a minor decrease in your credit score, often by just a few points. However, multiple hard inquiries in a short period can accumulate and significantly impact your credit score.

Minimizing the Impact of Hard Inquiries

To maintain a healthy credit score, you should be aware of the number of hard inquiries on your credit report and their potential impact. Limiting credit card applications, avoiding multiple loan applications within a short period, and spacing out credit inquiries can help minimize potential damage to your credit score.

How long do hard inquiries stay on your credit report?

Hard inquiries typically remain on your credit report for up to two years. They are recorded by one or all three major credit reporting agencies: Equifax, Experian, and TransUnion. Regularly monitoring your credit report is essential to stay informed about your inquiries and maintain a healthy credit score.

Strategies for Removing SYNCB/Walmart from Your Credit Report

If you wish to remove SYNCB/Walmart from your credit report, there are several options to consider. Each method has its pros and cons, so it’s important to weigh your options before deciding on the best course of action.

Dispute the Inquiry with the Credit Reporting Agency

One way to remove SYNCB/Walmart from your credit report is to file a dispute with the credit reporting agency. This process involves crafting a detailed dispute letter, explaining why the inquiry is erroneous, and requesting its removal from your credit report.

While disputing the inquiry yourself is a viable option, it can be time-consuming, and there’s no guarantee of a successful outcome. If you feel overwhelmed or unsure about handling the dispute process, seeking professional help might be the right choice.

Getting Help from a Credit Repair Company

Another option for removing SYNCB/Walmart from your credit report is to engage the services of a reputable credit repair company, like Credit Saint. These companies specialize in removing negative marks from credit reports, and they have the expertise to help you handle the dispute process.

They can help you dispute and potentially remove various items, such as late payments, collections, charge offs, foreclosures, repossessions, and bankruptcies.

Take Action Today: Schedule a Free Credit Consultation

If you’re struggling with bad credit and want to explore your options, consider scheduling a free credit consultation with Credit Saint. They have helped many people in similar situations, and their tailored guidance can address your specific needs.

Visit their website and fill out the form to learn how they can assist you in improving your credit score. Don’t wait—take the first step on your journey toward better credit today.

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Meet the author

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.