GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Synchrony Financial (NYSE:SYFpB.PFD) » Definitions » Loans Receivable

SYFPB.PFD (Synchrony Financial) Loans Receivable


View and export this data going back to 2024. Start your Free Trial

What is Synchrony Financial Loans Receivable?

Loans Receivable does not apply to banks and insurance companies.


Synchrony Financial Business Description

Comparable Companies
Address
777 Long Ridge Road, Stamford, CT, USA, 06902
Synchrony Financial, originally a spinoff of GE Capital's retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: retail card (private-label and co-branded general-purpose credit cards), payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures).