Credit Card Giant Synchrony’s Earnings Show U.S. Consumer “In Pretty Good Shape”–As Long As Inflation Doesn’t Spike
By Synchrony, which has 68 million active accounts, saw more consumers paying back their loans in the second quarter of 2025 versus last year.Jaque Silva/NurPhoto via Getty ImagesAmericans have more debt than they’ve ever had, making them vulnerable to defaulting on their loans if the economy turns south. New financial results from credit card issuer…