A word from Joe:
Two main reasons Preferred selected Synchrony;
-Synchrony offers Fraud Protection and their rates are almost identical to their top competitor. Last year a few of our retailers received charge backs from other competitors of large dollar amounts even though they did EVERYTHING CORRECTLY when filling out the application. There was a gang of professional thieves that worked their way from Texas all the way up the east coast. Synchrony absorbed millions of dollars in losses but protected their retailers.
-Synchrony does NOT solicit your consumers with offers from other retail outlets like furniture, mattresses etc. Others do solicit your customers from other retailers they represent.
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