What is SYNCB/Amazon PLCC?
SYNCB/Amazon PLCC stands for Synchrony Bank/Amazon Private Label Credit Card.
You may see SYNCB/Amazon PLCC on your credit report as a hard inquiry. This usually happens when you apply for an Amazon Store Card or Amazon Secured Card issued by Synchrony Bank.
The Difference Between Hard and Soft Inquiries
Hard Inquiries: Potential Impact on Credit Score
When you apply for a new line of credit, such as a mortgage, car loan, or credit card, the lender or creditor performs a credit check, which results in a hard inquiry. Hard inquiries can lower your credit score by a few points, and having too many of them in a short period of time can cause significant damage to your credit.
Soft Inquiries: No Impact on Credit Score
On the other hand, 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. Soft inquiries might also be pulled by an existing creditor to assess your current credit situation. Unlike hard inquiries, soft inquiries do not affect your credit scores.
How long do hard inquiries stay on your credit report?
Hard inquiries, such as SYNCB/Amazon PLCC, stay on your credit report for up to two years, regardless of whether your application for an Amazon Store Card or Amazon Secured Card is approved. These inquiries are recorded by one or all of the three major credit reporting agencies: Equifax, Experian, and TransUnion.
Dealing with Unauthorized Inquiries
If you find an unauthorized inquiry on your credit report or are certain you didn’t make the inquiry, contact Synchrony Bank to inquire about the reason for the hard inquiry. The creditor’s name should be listed under the hard inquiry section on your credit report.
Can SYNCB/Amazon PLCC Be Removed from Your Credit Report?
Credit Saint, a company specializing in removing inquiries and other inaccurate negative marks from credit reports, may be able to help you.
They can also assist with disputing (and potentially removing) the following items from your credit report:
- late payments
- collections
- charge offs
- foreclosures
- repossessions
- bankruptcies
Take Control of Your Credit Today
If you’re struggling with bad credit and want to learn more about how to improve it, consider a free credit consultation with Credit Saint. They have helped many people in similar situations and can potentially help you too. Visit their website and fill out the form to discover what they can do for you.
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