Synchrony Financial (NYSE: SYF) is one of America's premier consumer financial services companies. The Utah based company is one of the largest providers of consumer credit, health care credit, savings products and credit cards.
Its consumer finance roots have traced back to 1932, but the company became official in 1988. Synchrony Bank, a branch of Synchrony Financial, operated in the past as GE Capital Retail Bank. The switch was made to their current name in 2014.
Since that time Synchrony has evolved into the topmost provider of private label credit cards, credit products, savings products and financial services in North America. Their financial resources are available in over 365,000 locations throughout the United States and Canada.
In fact, Synchrony holds the largest share of the private label credit card market, with around 42% of the American market, according to purchase volume and receivables. Synchrony even provides consumer credit cards for large, notable national partners. American Eagle, The Gap, Amazon, Banana Republic, Furniture7, Old Navy, JC Penney, TJ Maxx, Sam's Club, Lowe's, and Walmart to name a few.
Apart from how Synchrony corners the financial industry with private label credit cards, they are likewise a leading presence in the healthcare financing sector. This is because of their CareCredit healthcare credit program, the MySynchrony financing plans, and small easy payments. Thanks to these programs, Synchrony provides financing services nation-wide for over 200,000 healthcare providers and health-focused retailers. These include dentistry, cosmetic treatments, eyeglasses, hearing aids, LASIK surgery, veterinary services, primary and urgent care, healthcare specialists and more.
Besides being a primary producer of financial services and credit, Synchrony Bank even offers multiple options for long-term savings. For example, certificates of deposit, high yield savings, IRA's and money market accounts.
Synchrony Financial helps retailers, healthcare providers, and other businesses access credit and financial help for their clients. In doing so, those clients can finance their purchases for goods and services at an affordable price. Why not get stuff now pay later?!
Furniture7 is proud to partner alongside Synchrony as one of their direct online lenders for their lease-to-own furniture financing.
Synchrony furniture financing online and Furniture7's online catalogues buy now pay later no credit checks for home furnishings allows you to own your furniture today. Buy now pay later with an affordable furniture loan is now even easier!
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