What Is 01 Synchrony Bank?
01 Synchrony Bank is a debt collections agency.
01 Synchrony Bank is probably on your credit report as a 'collections account'.
This usually happens when you forget to pay a bill for a period of time, and your debt is sold to them.
If this account is on your credit report, it may be damaging your credit score (until it gets removed).
The good news? Getting collections off your report shouldn't be difficult.
There are 3 primary ways to get a collections account off your report.
- Contact the creditor directly offer a Pay For Delete.
- Dispute with all 3 credit bureaus and challenge it.
- Contact a Credit Repair agency (like Credit Glory) to help you dispute (and remove) it.
Generally, option #3 works great for people because it's a hands-off approach that allows experts to assist in removing collections.
Will 01 Synchrony Bank Remove Charge Offs From Credit Report?
A charge off stays on your credit report for 7 years, seriously hurting your credit score. You can request a good-will deletion, but your best option is to have the debt verified. If the debt can't be verified, disputing it with help from a credit expert (like Credit Glory) is your best course of action.
Will 01 Synchrony Bank Remove Late Payments From Credit Report?
A late payment stays on your credit report for 7 years, seriously hurting your credit score. You can request a good-will deletion, but your best option is to have the late payment verified. With Credit Glory's help, you can dispute unverified late payments and other errors on your credit report (boosting your score).
How To Negotiate A "Pay For Delete" With 01 Synchrony Bank
You may be able to negotiate a pay-for-delete with Synchrony Bank, but this is an ethical gray area. The better way? Look for inaccurate items first, and then hire a credit repair expert — like Credit Glory — to dispute and remove them (boosting your score)!
Remove 01 Synchrony Bank From Your Report, Today!
In some cases, we recommend speaking with a Credit Repair professional to analyze your credit report. It's so much less stress, hassle, and time to let professionals identify the reasons for your score drop.
If you're looking for a reputable company to increase your credit score, we recommend Credit Glory. Call them on (855) 577-2276 or setup a consultation with them. They also happen to have incredible customer service.
Credit Glory is a credit repair company that helps everyday Americans remove inaccurate, incomplete, unverifiable, unauthorized, or fraudulent negative items from their credit report. Their primary goal is empowering consumers with the opportunity and knowledge to reach their financial dreams in 2020 and beyond.