1. When you check your rates for Bright Credit we initiate a “soft pull” of your credit. This will NOT impact your credit score. If you’re approved and activate Bright Credit we may do a hard inquiry which may affect you credit score.
2. Bright Credit -
Revolving line of credit ranging from $500-$8,000 to help repay credit cards. Variable APR range from 9% –29.99%. Subject to Credit Approval. Final terms may vary depending on credit review, not all applicants will qualify for full loan amount. Not all applicants qualify for the lowest rate. Bright may also offer Personal Loans made by our referral partners. Bright Credit is line of credit and not a credit or debit card.
3. Payment history has the biggest impact on credit score accounting for 40% of how score is calculated per TransUnion (
https://www.transunion.com/credit-score). Bright Builder helps you build payment history that may positively improve your credit score. Credit score increase is not guaranteed. Individual results may vary. Late payments, missed payments, or other defaults on your accounts with us or others will have a negative effect on your credit score. Products and services subject to state residency and regulatory requirements. Bright Builder is currently not available in all states.
4. Bright reports payment history to 2 major credit bureaus, Equifax and TransUnion.
5. Bright uses standard industry practices to determine our customer satisfaction score. It's a metric used in all kinds of businesses to measure customer service and product quality. Businesses calculate their score by taking the number of satisfied customers (those who rated them 4 or higher) and dividing it by the total number of responses. As of April 2024, Bright has rating of 5 by over 40,000 users on Play store and by over 90,000 users on the Appstore.
6. Users who make on time payments and are in good standing may be evaluated for credit limit increases (limit changes are subject to credit underwriting and approval). Evaluation and credit limit increases are not guaranteed.
7. Applicable when a user chooses annual or semi-annual plans. When you join Bright and start a Premium Membership you will be charged a recurring fee of $8-14 (depending on plan duration). Your Premium Membership will auto-renew until you cancel membership. Cancel anytime. See
Membership terms and conditions.
The product images shown are for illustration purposes only.
* Based on Appstore and Google Play store ratings as on Jan 2024.
The product images shown are for illustration purposes only.
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