What Walmart’s Switch to Capital One Means for Your Credit

On Oct. 11, 2019, Walmart’s massive credit card portfolio is due to transition from Synchrony to Capital One. And for existing Walmart cardholders, this major switch raises a big question: Will changing issuers affect my credit? The short answer: Probably not, because of credit reporting conventions that issuers follow. “A transition of account ownership does not…

CategoriesUncategorized