Why is Synchrony Bank Closing Accounts?

Hey Guys,

I recently received notice that Synchrony Bank is closing my account, and I’m a bit confused and concerned. I’ve been a customer for several years, always maintained good standing, and haven’t had any issues with my account. Does anyone know why Synchrony Bank might be closing accounts? Has anyone else experienced this recently? I’m looking for insights or advice on what steps to take next. Thanks for your help…

hey sis,If synchrony thinks you’re at high risk of not repaying your debt, they might close your account. This could be because of factors such as late payments on other accounts, having too much available credit overall, or a recent decline in your credit score.