Synchrony Financial announced a multi-year extension of its agreement with Pep Boys to provide a private label credit program for its customers.

Synchrony Financial has provided credit products for customers of Pep Boys with convenient payment options and benefits for their full-service vehicle maintenance and repair purchases since 1998 through the CarCareONESM credit card.

“The availability of financing is important to consumers in the automotive sector,” said Glenn Marino, executive vice president and CEO of Payment Solutions, Synchrony Financial. “With a Pep Boys CarCareONESM credit card, consumers are able to get the service they need now, whether it’s an unexpected repair or routine maintenance. The card also delivers added value by providing a convenient way to pay for gas and for use at thousands of CareCareONESM dealers nationwide.”