STAMFORD, CONN. – Synchrony (NYSE: SYF), a consumer financial services company, has announced a new partnership with Audibel to provide CareCredit credit card and installment loan solutions as the preferred financing option online and at Audibel’s retail locations nationwide. Through this agreement, patients will have expanded access to financing for hearing exams, hearing devices, and related accessories.
Demand for hearing health support continues to increase. A recent Synchrony study found that about one in five consumers reported experiencing potential symptoms of hearing loss, yet fewer than 10% had visited an audiologist in the past year. While 70% of respondents said hearing was a priority, most noted they would only pursue a hearing check if they developed noticeable symptoms or if the service was free.
“Hearing plays a significant role in how we experience life and connect with loved ones. We know hearing health can have a major impact on overall physical and mental well-being, which is why our partnership with Synchrony is so important. CareCredit can help people access the care our teams provide and benefit from the hearing devices that best meet their needs.”
–Michael Tease, Chief Retail Officer at Audibel
Audibel offers personalized hearing technologies and treatments through more than 1,000 locations nationwide, connecting patients with licensed hearing professionals through in-person and remote appointments.
“We’ve seen through our research that patients often need additional financial resources to pursue hearing care more proactively,” said Amar Malik, Vice President and General Manager, Vision and Hearing at Synchrony. “Solutions like CareCredit give them a way to access care that fits their financial situation, with clear and understandable resources and tools. We’re excited to extend our financing solutions to even more patients through our partnership with Audibel.”
The CareCredit credit card is accepted at more than 11,000 audiology and hearing practices across the country, including Audibel’s retail locations. Synchrony will also provide installment loan options ranging from 12 to 60 months.
Synchrony offers resources and tools to help patients understand costs and financing solutions for health and wellness care. More information about CareCredit is available at www.carecredit.com. For additional details about Audibel, visit www.audibel.com
About Audibel
Our mission at Audibel is to serve our patients better than anyone else. Compassion and service are at the heart of everything we do because improving your hearing experience is about more than a hearing aid. It’s about a magical journey we take together; one where we learn the truth of your hearing loss – the good and the bad – and where we find innovative and imaginative means to restore the joy of hearing to you.
About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company at the heart of American commerce and opportunity. From health to home, auto to retail, our Synchrony products have been serving the needs of people and businesses for nearly 100 years. We provide responsible access to credit and banking products to support healthier financial lives for tens of millions of people, enabling them to access the things that matter to them. Additionally, through our innovative products and experiences, we support the growth and operations of some of the country’s most respected brands, as well as more than 400,000 small and midsize businesses and health and wellness providers that Americans rely on. Synchrony is proud to be ranked as the country’s #2 Best Company to Work For® by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.
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