Synchrony Financial controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile3 entries
2024
CareCredit rate class action
A New York class action alleged that CareCredit interest rates reaching 32.99% violated state usury laws.
2020
Criticism of PayPal Credit tuition financing
Consumer-advocacy organizations asked regulators to investigate PayPal Credit financing used for tuition at for-profit schools, raising concerns about interest rates, late fees, and collection practices.
2014
GE Capital Bank add-on product practices settlement
The Consumer Financial Protection Bureau and Department of Justice announced a $225 million settlement concerning alleged deceptive and discriminatory credit-card practices, including enrollment and marketing of add-on programs connected with financial hardship relief, while the business operated as GE Capital Bank.