Well Positioned to Deliver Sustainable Growth
Constantly Innovating To Make Better Decisions
and Enhance the Customer Experience
(Illustrative Example)
Synchrony Vintage Performance Outperforming the Industry
INDUSTRY DATA¹
Bankcard's quarterly vintage performance for all risk tiers has tu
deteriorated, with 2021 and 2020 originations above prior years
Vintage Delinquency of Bankcard
-Q3 2018 -Q3 2019 Q3 2020
Q3 2021
Synchrony develops a new proprietary
acquisition model that outperforms a
previous third-party solution, separating
risk better. Synchrony has three options to
deploy the new model:
1
Increase approval rate 75bps and hold
losses flat
2 Hold approval flat and reduce losses
by 40bps
3 Some combination of driving approval
rate and loss benefit
The decision is not a singular event; at any
point we can move between the options
above to optimize the outcome.
synchrony
% Dual Card Accounts 90+ DPD
2%
% Accounts 90+ DPD
Synchrony
PRISM
6%
4%
Q3 2017
12%
10%
8%
6%
4%
2%
0%
0 3 6 9 12 15 18 21 24 27 30 33 36 39 42 45 48 51 54 57 60 63 66 69 72
Months on Book
3Q 2018
3Q 2019
3Q 2020
30 2021
Deployment
of tools determined
by economic trends
0%
2
4
7
8
10 11
12 13
15 16
17 18 19
21
22
24
29 30 31 32 33 34
35 36 37
43
46 47 48 49 50 51 52 53
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