Bright Builder

Build Credit with on-time payments1

0% APR. No interest fees.
Reported to Equifax and TransUnion.
Payoff debt smarter

Bright Builder

Build Credit with on-time payments1

How it works

1

You deposit at least $50 and get a secured loan starting at $50

Your money is held for your benefit in a Savings Account

2

Pay atleast the Minimum amount due on the loan every month

This is the minimum of $10 or 50% of outstanding balance

3

We report your payments to the credit bureaus

We report to Equifax and TransUnion

4

You build credit with on-time payments¹

On-time payments can help increase your credit score

You receive your security deposit funds after clearing any remaining outstanding balance if you decide to close your account.

Start building credit today!¹

Details about

Bright Builder Account Fees

Interest rate
0%
APR (Annual Percentage Rate)
0%
Security Deposit
Starting at $50
Application fee
$0
Origination fees
$0
Late fees
$0
Minimum amount due
Min($10, 50% of the outstanding balance)
Example minimum amount due calculation:
Credit limit
$50
APR (Annual Percentage Rate)
0%
Outstanding Principal Balance
$20
Minimum amount due payment
$10

Know more about Bright Builder

What are the minimum requirements to apply for Bright Credit?
Will checking rates affect my credit score?
Is Bright Credit a Revolving line of credit or an Installment loan?
Can I use Bright Credit to pay down credit card debts from multiple issuers?
Can I continue to use my credit cards or does Bright Credit make me close my credit cards once they are paid off?
How is a Bright Credit different from a debt settlement loan?
Is any security deposit required to get Bright Credit?
How can I get approved for Bright Credit?
What can I use Bright Credit for?
Can I payoff or close my account anytime?
Yes
Do I need to pay interest fees?
No
Is there a hard pull on credit report?
No
Do you report to Equifax and TransUnion?
Yes
Can I spend the loan funds immediately?
Yes
Is this a revolving line of Credit?
Yes
Do I need to provide a security deposit?
Yes
Can I access the funds of the security deposit?
No