- Report: #1534242
Complaint Review: Synchrony Bank - Internet
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Synchrony Bank
Internet, United States
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Synchrony Bank High Yield Savings? Robbing me with High interest Rates; Internet
I have an almost perfect credit score of 825 and Synchrony Bank is beyond Loan sharking me with a 23% interest rate? They are illegally charging me with my credit score of 825 and Synchrony Bank is charging me 29.99% interest; and a person I recently spoke to who went Bankrupt is only paying 21.9% interest? (This is criminal) and the Federal Government needs to get involved.
2 Updates & Rebuttals
Irv
United StatesHey There, Attorney
#2Consumer Comment
Mon, September 16, 2024
Please tell us exactly what laws they are violating by setting whatever APR they have!
Flint
Rolla,Missouri,
United States
LOL what?
#3General Comment
Sun, September 15, 2024
They can charge whatever interest rate they want. Certainly 30% is legal (although that's a penalty interest rate for deadbeats who don't pay on time). If you don't like it, refinance with someone who can offer you a lower rate. If your credit score is really 825, that won't be difficult.
