Brighten Loans Review 2021 | Pros and Cons
David Vusi
- It is fast and easy to use.
- The website carries an SSL certificate. This assures you you’re dealing with the right provider.
- It is reliable for getting small loan amounts.
- May compromise your personal information.
- The platform is almost impossible to contact.
| Company (Lender) | Loan Amount | Loan term | Min. credit score | Est. APR | Funds available in |
|---|---|---|---|---|---|
 |
$100 to $5000 | Determined by the lender | None | Up to 300% | 24-48 hours |
What is Brighten Loans?
BrightenLoans is a connection service platform that links you with a lender. The platform itself doesn’t collect a fee for the service it offers. But, it does charge your lender, and this might affect you. Depending on state laws, you may find yourself paying interest rates above 300%. Before using the platform, you should look through its privacy policy. The same thing goes for the terms of service. Both outlines are clear and concise. Still, it doesn’t assure you that your personal information will remain confidential.
back to menu ↑Is Brighten Loans Legit?
Brighten Loans
The platform does, in fact, provide the services that it claims to. But beyond that, much isn’t known about them and how they operate. First, they have limited contact information. Also, they lack any presence on high-authority customer review platforms. While this doesn’t mean that their services are poor, you have no idea what to expect from them. Also, it infers that you are on your own should a problem present itself after you’ve taken the loan.
The Best Way to Deal With Absence of BrightenLoans Customer Reviews Concerns
Note that lack of customer reviews isn’t unique to Brighten Loans. It is a problem that the vast majority of connection service platforms share. As a result, this metric alone isn’t enough to pass judgment. Still, reviews are important. One approach you can take here is this. Once you’re linked with a lender, don’t proceed with the transaction until you’ve researched them. Usually, these lenders tend to have a stronger online presence. Due to this, you can get a better idea of who exactly you’re dealing with.
back to menu ↑Brighten Loans Fees and Rates in 2021
This personal loan aggregator allows you to borrow $100 to $5,000. According to their terms of service, they do not charge the borrower for using their service. All they do is connect you to a willing lender and then back out. The only problem with this is that it leaves everything to the discretion of your lender. Your lender handles setting the loan APR, repayment options, and other variables. How high your interest rate goes is also influenced by the state you’re taking the loan in. Some lenders can raise their interest rate as high as 300% or more. To ensure you don’t get in over your head, make sure you go over the loan agreement before proceeding.
back to menu ↑The Conditions of Service Provision
Do NOT gloss over the details provided here. They might be all you need to determine whether BrightenLoans is for you or not. The terms of service they offer have a strict arbitration clause. So, do not proceed if you can’t handle that. Your actions with any loan you take here have far-reaching effects as they can affect your credit score. To apply for a loan, details you have to provide include; Your date of birth, Social security number and driver’s license number, Your Bank account number, and Your monthly income. After this, you can place a request to connect with a lender. You would have to release other personal information at this stage. Next, you’re linked to a willing lender. You then proceed to complete the rest of your application on their platform.
back to menu ↑The Verdict
Their service is convenient and great on a lot of levels. But, a lack of transparency makes BrightenLoans difficult to trust completely. Also, information isn’t provided on their network of lenders. And because you can’t contact them, there’s no way they can come in if something goes wrong. If you must use this platform’s service, ensure you do so with caution.
Terms: Brighten Loans Review 2021 | Pros and Cons
|
Rebecca J –
I have a very bad experience with them. Their site is fraud and I couldn’t take any loan. Stay out.
Jason S –
They offered me a good lender with normal fees. I borrowed small amount of money. Everything went okay. They do what they advertise.
Sharon J –
It is a good advice to read the terms and the conditions very carefully. I paid a huge amount of fees borrowing money on their site. Never again.
Jeffrey L –
I like their site. It is easy to navigate and to get an approval. They connected me with a lender and I borrowed some money. Their service is free which is good.
Laura R –
In my opinion their site is a scam. They do not offer customer support or anything else and you can not see their list of lenders which is unusual for sites like that. I went with another company that offered better services and customer support.
Ryan C –
I hate when I can not navigate the site and this is what happened to me with the Brighten Loans. Very bad platform.
Cynthia J –
They helped me when I need some money and this was free of charge. The platform is good and if I need money again I will go with Brighten Loans definitely
Jacob K –
Very bad platform. You can not contact them or ask them any questions. It is not easy to navigate and it is not user-friendly
Kathleen G –
I started with Brighten loans but when I had to fill all that personal information I got scared. It is easier when you go in store although I will lose more time. This just looks scary.
Gary A –
I was just careful with all the information. I got the loan and I think that my information is secure. I paid a lot of money in fees but that was expected with this kind of loan.
Amy N –
I have a bad credit score and Brighten loans helped me when I needed the money most. Thank you Brighten loans you offer an excellent service
Nicholas S –
I was looking and looking for an online lender and I found the Brighten loans. They offer service which is free of charge and they connected me with a lender and I got the money within 24 hours on my bank account. I would recommend the platform to anyone.
Shirley E –
My experience with Brighten Loans is excellent. They are fast and easy to get approved for a loan. I read their terms and policies and I was approved instantly.
Eric A –
I need a loan to pay some debts and because of my credit score I couldn’t apply for traditional loan so I went on Brighten loans platform. The next day the money was on my account. Very fast and reliable.
Angela J –
I would recommend them because they have great platform and they approve you fast. When you need a quick cash they are here to offer their services free of charge.
Jonathan H –
Nice platform, very useful and you get approved fast.