Synchrony Financial Complaint: Managing the loan or lease

#1508847 7 Aug 2015

Consumer Loan Installment loan

Complaint #1508847 submitted on 08/07/2015 relating to Synchrony Financial. Complaint relates to Consumer Loan Installment loan - Managing the loan or lease .

Complaint was submitted via Web and sent to the company on Monday 10th August 2015.

Narrative (may be redacted).

I have been paying XXXX on Friday every 2 weeks since I received the card late last year. On months where there are 3 pay periods, Synchrony is misappropriating the payment by posting the extra payment to the previous month and charging a late fee for the current month because the next payment would fall a few days past the billing date. This is an obvious aggressive tactic to collect extra fees.

I spoke with them and requested that they remove the late fees and post the payments correctly. They said that they would not and even if they could they would n't because the fees were for prior months. I just received the latest fee notice. Please find the statement printout ( excel format ) from XXXX and a copy of all the payments I have made from my bank attached.

Company Synchrony Financial
Complaint ID 1508847
Date Received 08/07/2015
Product Consumer Loan Installment loan
Issue Managing the loan or lease
State/ZIP Code TX 751XX
Consumer Consent Consent provided
Company Public Response
Company Response To Customer Closed with monetary relief
Submitted Web 08/10/2015
Result Timely Response: Yes, Consumer Disputed: No
 

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