---
schema_version: "secwatch.filing_event.v1"
accession: "0001601712-24-000381"
form_type: "8-K"
ticker: "SYF"
cik: "0001601712"
company_name: "Synchrony Financial"
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:10:58.414903+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Synchrony Nov 2024 credit metrics: 30+ delinquencies at 4.9%, net charge-offs at 6.2%, both up YoY

## Summary
- Period-end loan receivables $102.9B; 30+ delinquency rate 4.9% vs 4.7% a year ago.
- Net charge-off rate 6.2% vs 5.6% a year ago; adjusted net charge-off rate also 6.2%.
- YoY increases attributed to continued moderation in customer payment rates.
- Average loan receivables for month ended Nov 30, 2024: $101.8B.

## SEC filing metadata
- accession: 0001601712-24-000381
- form_type: 8-K
- ticker: SYF
- cik: 0001601712
- company_name: Synchrony Financial
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1601712/000160171224000381/0001601712-24-000381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1601712/000160171224000381/syf-20241210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001601712-24-000381
- JSON: https://secwatch.observer/filing/0001601712-24-000381.json
- Plain text: https://secwatch.observer/filing/0001601712-24-000381.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.