Synchrony Financial
The top provider of private-label credit cards in the US (based on purchase volume and receivables), Synchrony Financial works with a wide range of partners (national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers). Through the partners’ 329,000 locations across North America (including websites and mobile apps), Synchrony offers credit products to finance the purchase of goods and services. In March 2014 it had $54.3 billion of loan receivables and 57.3 million active accounts. It offers credit products through Synchrony Bank (formerly GE Capital Retail Bank). The company, once controlled by a GE unit, went public in 2014.
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