Bright Lending
Bright Lending Loan Settlement
Bright Lending borrowers who fully repaid at least one loan taken between October 1, 2020 and June 4, 2026 will automatically receive a payment of at least $15. No claim form is required. Borrowers who prefer an electronic payment instead of a check can choose it by December 21, 2026.
Key facts
The lawsuit claims that Bright Lending charged interest rates far exceeding the limits allowed under Illinois and other state laws, and that the defendants are legally responsible for those loans. The defendants deny all of these claims, and no court has decided who is right.
Who may qualify?
The settlement class has two subclasses. The Monetary Relief Class covers United States residents who entered into at least one Bright Lending loan agreement from October 1, 2020 through June 4, 2026 and paid back at least one loan in full. The Debt Relief Class covers United States residents with a Bright Lending loan agreement from October 1, 2020 through December 31, 2024 who did not fully pay back at least one loan and are not in the Monetary Relief Class. Residents of Nevada and Utah are excluded from both subclasses.
What could you receive?
Monetary Relief Class members receive a cash payment calculated pro rata from the allegedly usurious interest they paid above the loan principal. Borrowers who did not pay interest above principal receive $15, and no payment will be less than $15. Debt Relief Class members receive cancellation of unpaid balances on covered loans rather than cash, and Monetary Relief Class members who also have a separate unpaid loan from that period may receive cancellation of that loan too.
What information is needed?
No claim form or proof is required. Payments go out by check unless a borrower chooses an electronic payment method on the settlement website. The unique ID printed on the notice is used there to view an estimated award, which the site says should be available around November 15, 2026, and to update a mailing address.
What dates matter?
December 21, 2026 is the last day to choose an electronic payment instead of a check, and also the deadline to opt out or object. A final fairness hearing is scheduled for January 19, 2027. The agreement calls for payments to begin within 60 days after the settlement takes effect, and no payment date has been announced.
Who may qualify
United States residents, except residents of Nevada and Utah, who entered into at least one Bright Lending loan agreement between October 1, 2020 and June 4, 2026 and fully paid back at least one loan are in the Monetary Relief Class. A separate Debt Relief Class covers borrowers with loans from October 1, 2020 through December 31, 2024 who did not fully pay back at least one loan.
What proof do you need?
Do you need proof of purchase?
For this settlement, you will not need proof of purchase. No claim form or proof is required. The notice ID lets borrowers view an estimate and update payment details.
Where do these requirements come from?
From the official settlement notice - the document that sets out who qualifies and what they have to provide. Claim summarizes it; Claim does not set it. Where the notice and this page disagree, the notice is the one that counts.
How can I check a settlement email or text?
Who is the administrator?
American Legal Claim Services is the settlement administrator: the company a court appoints to run the claims process, send notices and make payments. It is not the company being sued, and it is not Claim.
Is the sender's name enough to trust the message?
No. A sender name, a display name, a reply-to address and even a case number can all be copied. Check the case name and number in the message against the ones on this page, and reach the court-authorized settlement website yourself rather than through a link or button in the message.
What warning signs should I look for?
Any request for a fee, a payment or a wire to release settlement money. Any request for full banking login details. Pressure to act straight away. A web address that does not match the one in the official notice. Genuine notices identify the case by name and number and explain how payment is made.
Claim helps you check whether you may qualify, understand the official requirements, and keep track of settlement deadlines.
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