Pilot23

2 Contributions 2 People Helped

Member Since: July 2012

Most Helpful Contribution

Lowe's Credit Card

Jun 10, 2017
!!!Not worth it!!! Lowes/Synchrony Bank
Helpful to 2 out of 2 people

Signed up for via Lowes for some Home Projects.  Was good the first year with on time payments.  Then we paid off the card in full after 12 months within the no interest timeframe.  Synchrony didn't like that so much.  Synchrony informed us via snail mail they were lowering our credit from 2500 to 500 and during the phone call stated there was no valid reason except they were told to do so and it was there choice.  That's not how you keep consumers.  We were about to use it again for the next home project but we will stick with other stores like Home Depot, Wal-Mart, and Menards after that treatment.  Home Depot does not use Synchrony so and their card issuer has been great over the past year.  Do yourself a favor - If it's associated with Synchrony - run away.  Synchrony is the spin-off of GE Capital.  Runaway, runaway from Synchrony.  Lowes is not a bad store.  But since they partner with Synchrony we have stayed away.  We also found out Synchrony is with Amazon so we're doing the same and canceled our 2 synchrony related cards

Activity (2 Total Contributions)

Lowe's Credit Card

Jun 10, 2017
!!!Not worth it!!! Lowes/Synchrony Bank
Helpful to 2 out of 2 people

Signed up for via Lowes for some Home Projects.  Was good the first year with on time payments.  Then we paid off the card in full after 12 months within the no interest timeframe.  Synchrony didn't like that so much.  Synchrony informed us via snail mail they were lowering our credit from 2500 to 500 and during the phone call stated there was no valid reason except they were told to do so and it was there choice.  That's not how you keep consumers.  We were about to use it again for the next home project but we will stick with other stores like Home Depot, Wal-Mart, and Menards after that treatment.  Home Depot does not use Synchrony so and their card issuer has been great over the past year.  Do yourself a favor - If it's associated with Synchrony - run away.  Synchrony is the spin-off of GE Capital.  Runaway, runaway from Synchrony.  Lowes is not a bad store.  But since they partner with Synchrony we have stayed away.  We also found out Synchrony is with Amazon so we're doing the same and canceled our 2 synchrony related cards

How to dispute an error on your credit report

Apr 01, 2016

Dealerships will use the highest of your 3 cars.  Whereas when obtaining a mortgage the bank or mortgage company/lender will use the average of your highest and lowest.  Credit Karma is just a rough estimate/guide.  I wouldn't use it to lets say "walk up to a dealer and show them your credit karma score" lol