I opened a JC Penny credit card account in an effort to rebuild my credit after registering with a credit repair agency. I had a $200 line of credit and faithfully paid my bill in cash. I had a zero balance with Synchrony Bank/JC Penny when I, once again, found myself out of work, out of unemployment benefits and unable to pay other creditors. I received a letter from Synchrony Bank/JC Penny telling me that they were closing my account because of my credit rating. JC Penny already has a dying business model (mall anchor stores). If they think this practice is going to pull them out of the abyss, they are sadly mistaken. They will only alienate customers with this policy. I will not do business with JC Penny again.
JCPenney Credit Center Reviews
I opened a JC Penny credit card account in an effort to rebuild my credit after registering with a credit repair agency. I had a $200 line of credit and faithfully paid my bill in cash. I had a zero balance with Synchrony Bank/JC Penny when I, once again, found myself out of work, out of unemployment benefits and unable to pay other creditors. I received a letter from Synchrony Bank/JC Penny telling me that they were closing my account because of my credit rating. JC Penny already has a dying business model (mall anchor stores). If they think this practice is going to pull them out of the abyss, they are sadly mistaken. They will only alienate customers with this policy. I will not do business with JC Penny again.