Bright Money - AI Debt Manager

Bright Money

About this app

1. Build credit history with Bright Builder(1)
Get a secured line of credit starting at $50. Make on-time payments(1) monthly, and get payments reported to the credit bureaus
2. Build credit history with monthly rent payments
Get rewarded for paying rent on time(2). Get credit for up to past 2 years of rent payments.

3. Customized debt pay-off plan with Bright Plan
Whether it's a long-awaited trip, a favorite car, a new house, or a happy retirement, the Bright App guides you toward a smart debt repayment plan and budgeting with AI.

4. Loan offers of up to $10,000(4) with no impact on your score(4). All credit scores can apply.

5. Expert tips to manage your money
Use Bright’s resources: articles, practical guides, and a comprehensive answer bank for all your money questions.

6. 24*7 live chat support
Email us at [e-mail] or call us on
[phone] [OPERATIONAL HOURS [Mon-Fri] - 9:30 TO 6:30 PM (CST)]

Unlock savings with subscription plans!
12-Month Plan - $97 billed annually (Save 15% compared to monthly billing)
6-Month Plan - $68 billed every 6 months
3-Month Plan - $39 billed every 3 months

1. Payment history has the biggest impact on Credit Score, accounting for 40% of how the 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.

2. Bright reports customer rent history to TransUnion and Equifax credit bureaus. Please note that credit score improvement is not guaranteed, and individual outcomes may vary. Late payments, missed payments, or other defaults on accounts with Bright or other creditors may negatively impact your credit score. Bright does not control credit score calculations, as they are determined independently by the credit bureaus.

3. Personal loan offers of up to $10,000 are made through Even Financial Corp and its network of financial partners who will determine if you are eligible for a loan. Subject to credit approval and state restrictions. Not all applicants will qualify for the full loan amount, advertised rates or terms. See brightmoney.co for more information. Bright Money shows loan offers via MoneyLion on our marketplace, with repayment terms ranging from 12 to 84 months and APRs from 5.99% to 35.99%. Example- if you receive a $10,000 loan with a 60-month term and a 16.21% APR, your required monthly payment would be $244.30 ($135.09 Principal + $109.21 Interest). Assuming all 60 payments are made on time, the total amount paid would be $14,657.87.

​4. With your authorization, a soft credit pull may be conducted to facilitate the offer process, but it will not affect your credit score. If after receiving your offer(s) you choose to apply for a loan directly with a lender, the lender may conduct a hard credit pull that can affect your credit score.

Secured revolving lines of credit (“Bright Builder”) are made by Bright Capital Inc., NMLS (2410428) only, subject to state residency. Bright currently does not offer Unsecured Lines of Credit (“Bright Credit”) to new customers. Personal loans are made through Even Financial Corp and its network of financial partners who will determine if you are eligible for a loan independent of Bright. Deposit accounts are provided by Evolve Bank & Trust, Member FDIC. Bright is a financial technology company, not a bank.
When you join Bright and if you choose to start a Premium Membership you will be charged a recurring fee of $14 per month, $39 for a three-month term, $68 for a six-month term or $97 for an annual term. Your Premium Membership will auto-renew until you cancel membership. Cancel anytime. See Membership Terms and Conditions. Bright Premium Membership is not required for Bright Builder or Personal Loan offers.

Ratings and reviews

Terrible. I never received my advance but I was still charged an exorbitant fee. I tried to cancel repeatedly but they take so long to respond it's pointless. I can't sit watching a chat for ten hours hoping for a reply, and they close the chat immediately if you aren't there when someone deigns to respond. The app UI is also awful. You can't use basic typing features like automatic caps at the start of a sentence, for seemingly no reason, and the app pushes and pushes you into using credit.

Do not give 1 star rating very often. But I am giving 1 right here. Bright Money is a scam, and they will take money out of your account without permission, saying it's a subscription. I downloaded the app and filled out some information that was it, and they charged me 100 dollars. Joke of an app for sure. Canceled the subscription after I found out how.

I absolutely LOVE this application and the programs and services offered! As a single mother working a full-time job and also full-time student, it gets rough and hard. I was skeptical at first because of my credit and the constant denial from other apps, but Bright Money not only helped with an advance, but is still currently helping me with better money management and strategies. 10/10

What’s new

What’s new?
Introducing a Faster, Smoother Login Experience on Bright Money
A custom in-house solution for your login experience. This enhances overall efficiency and gives us more control to fine-tune every detail.
Here’s how this update benefits you:
- Faster Login Times: Get into your account quicker than ever.
- Improved Reliability: A seamless and steady experience, every single time.
- Enhanced Control: Ensures optimal performance, with the highest security standards.