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).
How To Get Pre-Approval For Care Credit
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.
Does Applying For Care Credit Hurt (Or Affect) Your Credit Score?
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.
Care Credit Reviews
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 Approval Odds (How Hard Is It?)
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).
Does CareCredit ruin your credit?
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.
Does increasing your limit with CareCredit result in a soft pull?
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.
Get Your Inquiries Removed Professionally
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 (833) 563-0402 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.
