Consumer complaint received 2023-10-28
Company: SYNCHRONY FINANCIAL
State: AL
Product: Credit card
Sub-product: General-purpose credit card or charge card
Issue: Fees or interest
Sub-issue: Unexpected increase in interest rate

Complaint:
Notice to Agents Notice to principal of Synchrony Financial, I approach this matter with clean hands and in good faith, per UCC 308. I am inquiring about two accounts : my Sams Club credit card account ending in XXXX and my Amazon credit card account ending in XXXX. In writing, I request an explanation from Synchrony Financial Corporation regarding the closure of my Amazon credit card and the reduction of my Sams Club account. As a consumer, I assert my right to access credit, as per the Truth in Lending Act ( 15 USC 1602 ). Denying me access to my credit is a form of discrimination, and withholding access to my securities constitutes securities fraud.

I maintain that I possess unlimited credit, and I contend that Synchrony Financial is in violation of the Equal Credit Opportunity Act and the Consumer Protection Act. Since you have closed my Amazon credit card, I request that you retract my application. Additionally, please provide the Generally Accepted Accounting Principles ( GAAP ) information for the contracts. I also seek clarification in writing regarding whether Synchrony loaned or credited me any of their own funds. Furthermore, I request confirmation that we are not subject to the Emergency Banking Act of 1933 ( updated in 1994 ) and the Indentured Trustee Act of 1939. Please provide written notice as to whether I am considered a holder in due course of this contract. Check 3 UCC 302.

I am reporting a billing error, as per 15 USC 1666 and 12 CFR 1026.13. There appears to be a breach of contract by the company mentioned above, which I find morally offensive. Unknowingly, I have allowed Or agreed Unconsciously that, Synchrony Financial Corporation retain my proceeds, interest, and dividend payments. Certificate of indebtedness information was not adequately explained, and Synchrony never disclosed the open-ended nature of the account, potentially violating 15 USC 1611 and criminal liability for providing false information.

I hereby reclaim all my proceeds and security interests due to me. I am aware that all securities are backed by the full faith and credit of the U.S. Government, as per 18 USC 8 ) ( 31 USC 3123 ) When Synchrony Financial extended a small portion of credit to me, it my bill was, in my view, already prepaid.

During this billing dispute, I kindly request that my account be zeroed out and credited to its full balance, with extended credit in accordance with 15 US Code 1637 and 12 CFR 1026.13. I also request the reactivation of my Amazon card with the extension of credit, which I have not utilized. The account was just closed without my knowing, I know without doubt i can not be denied credit lawfully as the natural person or beneficiary, according to Equal opportunity act. Denying me my own credit is discrimination of my character, I applied for credit and regardless of the reason being, I have the right to credit, By Synchrony with holding my securities is securities fraud, Synchrony Financial Bank is in violation of the Equal opportunity act and Consumer Protection Act. I am propelled to XXXX XXXX dollars per violation per third-party. 

The findings of misconduct and the perception of unclean hands on Synchronys part have caused me considerable distress, mental frustration, and great hardship. I can not comprehend all of the deceit in this matter. I am deeply offended by these fraudulent actions. As I explained above All debts are pre-paid the U.S government pledged to pay debts in legal tender principles and interests 18 USC-8 ) 31 USC 3123 ) In addition I've paid in the wrong tender and I am also requesting tender of payments according to Discharge and effect of discharge, I have paid in the wrong tender 3 UCC 601 through 604, Return any remaining credit balance remaining in the account for more than six months of payments by cash check or money order or transfer to the account I can provide at a later date.

I am prepared to request an audit of Synchrony Financial Bank, or we can pursue resolution in Arbitration or Federal Courts if this matter is not addressed fairly and promptly. Thank you for your swift response.

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation