Have inquiries on your credit report? Find out how to get rid of them (for good)!
SYNCB/Care Credit stands for Care Credit through Synchrony Bank.
SYNCB/Care Credit is probably on your credit report as a hard inquiry. This often happens when you apply for credit.
If a hard inquiry is on your credit report, it's damaging your credit score (until it gets removed).
If you're looking at getting a Care Credit credit card, you may already be pre-approved. Offering instant approval, Care Credit is easy to apply and qualify for. The downside is you're likely looking at high APR, especially with bad credit. Luckily, repairing your credit (& boosting your score) with Credit Glory helps you qualify for better (& lower) interest rates.
Applying for CareCredit creates a hard inquiry on your credit report — reducing your score by around 5 points. How can you remove hard inquiries? If the information isn't accurate you can dispute the inquiry w/ help from a repair expert like Credit Glory.
While Care Credit offers instant approval, getting it comes at a cost. With Care Credit, interest starts building as soon as you make a purchase. Unless the balance is fully paid off after the promo period, you could be looking at an interest rate of 26.99%. That might be why customers have filed 5,034 complaints against them with the BBB and give them 1.07/5 stars.
Care Credit offers instant approval, so it's easy to get. But unless you pay off your balance during the promo period, you might face high-interest rates. Getting a low-interest rate means having a strong credit score, and Credit Glory can help you improve your credit (fast).
CareCredit can ruin your credit if you don't make payments — or they incorrectly report information on your credit report. What can you do? Dispute (& remove) incorrect information when you partner with a reputable company like Credit Glory.
If you request a credit limit increase with CareCredit they will do a hard inquiry (sometimes called a "Hard Pull"). What's the difference between a hard pull and a soft pull? A hard pull reduces your credit score in the short term — while a soft pull does not.
