- 333 Pierce Rd Suite 370, Itasca, IL 60143, United States
- customerservice@brightsideloans.com
- +1 (888) 708-0907
FAQS
? If I pay off my loan early, how does that affect my finance charge?
If you repay your loan in full at any time, you will only be responsible for accrued interest and fees on the outstanding principal through the date of repayment.
? Do I need collateral to apply for a loan?
No collateral is necessary or accepted.
? Is there any cost to apply for the loan?
No. You will not be charged to apply for a loan.
? What do I need to apply for an installment loan? How do I apply for a loan?
Online. All you need to do is fill out our simple application. The Bright Side paperless application process is convenient, secure and simple. Our simplified application process allows you to fill out and sign your loan documents on your computer or mobile device without the need to fax unnecessary documentation.
?Do I need to be employed? Can I be retired?
You do not need to be employed, but you need to have some sort of income. You may receive income from a source other than an employer, but we will require you to have the ability to repay the loan. You may be retired or on disability. The key is to have a source of income.
?How will I know if I am approved? When will I receive my funds?
You will receive a decision immediately following completion of your application. If approved by 2:00 PM Central Time on Monday – Friday, you will generally receive the money the next business day. For verification purposes, we may need to contact you by telephone before your loan is approved. Applications received on a weekend or holiday may be verified the next business day due to bank closures.
?How many lenders offer loans at www.brightsideloans.com?
Two. Depending on your state of residence, applications submitted on this website may be originated by one or more licensed lenders including: Bright Side Loans LLC and Fintech Franchise Network Servicing Company dba Bright Side Loans or dba FFN Bright Side Loans. Please contact us if you want to know your specific lender or review your loan documents.
?What is an installment loan?
An installment loan allows you to pay a loan over a longer period of time than a traditional payday loan.Installment loans at the Bright Side allow you to repay the loan in scheduled payments that are substantially equal in amount (last payment may vary slightly). At Bright Side Loans, an installment loan can be repaid early. General Requirements: You do not have to be employed but you must have a steady source of recurring income payments to ensure you will be able to repay your loan. You must reside in the state you choose for your loan application. You must be at least 18 years old. You must not currently be a debtor in a bankruptcy case or presently intend to voluntarily file for bankruptcy relief. You must not be a regular or reserve member of the Army, Navy, Marine Corps, Air Force, or Coast Guard, serving on active duty under a call or order that does not specify a period of 30 days or fewer or a dependent of a member of the Armed Forces on active duty. You must provide a valid Social Security Number or Individual Taxpayer Identification Number. You must have a checking or savings account that has been open for at least three months. You must be able to be contacted via phone if verification of application information is necessary.
?When will the loan payments be due?
Installment loan payments will be due on the dates set forth in your Loan Agreement which are typically scheduled with your pay dates. The number of payments and the term (length) of the loan will vary by pay frequency. You will be informed of the payment due dates and amounts if your loan is approved.
?How do I make payments on my loan?
Convenience Pay: While completing your application, you may choose Convenience Pay by electing to have payments initiated from your bank account on the day the payment is due. Additionally, you can set up Convenience pay anytime by contacting us at: 888-708-0907. Online Payment: You may make a payment anytime 24/7 by choosing Make a Payment. It’s quick and easy, we encourage customers to make their payments via the online portal. Call In Payment: You may contact us 8AM to 5PM at 888-708-0907 and we can process a payment using a debit card or your banking information. Mail-in Payment: If the above options are not available or if you prefer, you can send your payments through mail using a cashier’s check or money order to: Bright Side Loans, 333 Pierce Rd, Suite 370, Itasca IL 60143. Be sure to include your loan number.
