Partnerships similar to the latest one are expected to boost the presence of CareCredit across the pet care space. Short-term and long-term promotional financing options will be available depending on the purchase amount. Once approved, pet parents can make the payment immediately. They can apply on any smart device or over their phone. Pet parents can check if they prequalify for a CareCredit credit card without impacting their credit score in real time. ![]() Synchrony Financial’s CareCredit will provide flexible financial solutions to pet owners and educate veterinarians about mental health and wellness techniques, management of finances, financial literacy, etc. The company expects loan receivables growth of more than 10% in 2023. This move will also lead to increased contributions from this segment and a rise in the loan receivables portfolio, paving the way for higher interest income and fees on loans. Health and Wellness accounted for 16% of the total interest and fees on loans of SYF in the second quarter of 2023. With SYF’s CareCredit expansion, it is evident that the company is focused on expanding the business with attention paid to health systems. This move bodes well for Synchrony Financial, as wider adoption of CareCredit is expected to boost the top line in the future. The company’s shares gained 1.5% on Sept 14. The tie-up will pave the way for SYF’s CareCredit health and wellness credit card and offer pet financing solutions in more than 95% of veterinary university hospitals nationwide. Most information to help you learn and practice can be found in our wiki.Synchrony Financial ( SYF Quick Quote SYF - Free Report) recently announced its partnership with the University of Missouri, Oregon State University and Virginia Tech to offer financing options for pet care in the schools’ veterinary university hospitals. Related Subreddits (see the rules above for related subs as well) Read here for more info.Īlmost any post related to stocks and investment is welcome on /r/stocks, including pre IPO news, futures & forex related to stocks, and geopolitical or corporate events indicating risks outside this is offtopic and can be removed. Consider posting to r/SPACs, r/pennystocks, or r/weedstocks instead. No penny stock discussions, including OTC, microcaps, pump & dumps, low vol pumps and SPACs. Non-ETF-related Crypto goes on r/CryptoCurrencies info. No bitcoin or crypto discussions unrelated to stocks. ![]() Trolling, insults, or harassment, especially in posts requesting advice, will be removed. Posts regarding this topic will be automatically removed. The Robinhood app should be discussed in /r/Robinhood. Low effort mentions for meme stocks will be removed, see here. Instead, advertise here.Ĭontext & effort must be provided empty posts or empty posts with links will be automatically removed. Spam, ads, solicitations (including referral links), and self-promotion posts or comments will be removed and you might get banned. Rules (in depth rules wiki here)ĭisclose any related open positions when discussing a particular stock or financial instrument. Almost any post related to stocks is welcome please read the rules below:Ĭlick here to find how many days old your account needs to be and how much karma you need before you can comment or post to r/Stocks.
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