Consumer complaint received 2025-01-29 00:00:00
Product: Payday loan, title loan, personal loan, or advance loan — Personal line of credit
Issue: Getting a line of credit — 
Company: SYNCHRONY FINANCIAL
State: MI

Complaint narrative:
On XX/XX/year> I applied for a credit extension or credit product at XXXX XXXX through Synchrony Bank ( servicer ). Unfortunately I got denied the same day by the issuer Synchrony Bank. Synchrony Bank then said on the immediate denial that they were unable to approve your application at this time and that I will receive a written notification in the mail within 7 to 10 business days regarding your application decision. On or about XX/XX/year> an adverse letter or denial letter was delivered to XXXX XXXX, and accepted for honor in my Attorney-in-fact capacity acting as my own attorney on XX/XX/year>. On XX/XX/year> I sent out a reconsideration letter or response letter and enclosed a durable power of attorney for financial management for XXXX XXXX for them to add to the account. I even gave Synchrony Bank 10 business days to correct this matter at hand. Synchrony Bank had not responded to my concerns regarding the principal XXXX XXXX financial asset or collateral security. Synchrony Bank adverse letter or denial violated the principal 's consumer right to credit, right to be heard, Equal Credit Opportunity Act, specifically under 1002.2 ( c ) ( 1 ) ( i ). 
Synchrony Bank is acting with its own discretion of which that violates Federal Reserve Act Section 16 Note Issues ( 1 ). Synchrony Bank intended to act with discretion regarding the issue of Federal Reserve Notes within XXXX XXXX or individual account. " Federal reserve notes to be issued at the discretion of the Board of Governors of the Federal Reserve System for the purpose of making advances to Federal reserve banks through the Federal reserve agents as hereinafter set forth and for no other purpose, are hereby authorized. '' Synchrony Bank is a fictitious entity or non existing entity that willingly disregarded the rules concerning extensions of credit or 12 CFR 1002.7 ( a ) and the rules concerning evaluation of applications or 12 CFR 1002.6 ( a ) and ( 6 ) ( ii ). In Synchrony Bank denial letter, it stated on paper that they used a Credit Scoring system to evaluate your request. But XXXX XXXX XXXX report is NOT accurate and does not accurately reflect the applicant 's creditworthiness. The principal have the right to credit, consumer rights protected by the Equal Credit Opportunity Act. Synchrony Bank is the ONLY one that has benefitted from the consumer credit transaction on XX/XX/year>. Synchrony Bank is set to receive an advance from the Federal Reserve Bank on the individual promissory note within 90 days of the note. See Federal Reserve Act Section 13 part 13. The principal have not benefited from doing business with Synchrony Bank in any way. 

Note : That a copy of my reconsideration or response letter was sent to the Bureau of Consumer Financial Protection under Certified Mail. 

Therefore, withholding my access to the principal securities is securities fraud, unauthorized use of the principal credit card and Identity Theft.

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