$15M Bright Lending Unlawful Loans Settlement

U.S. residents (excluding Nevada and Utah) who took out at least one Bright Lending loan between Oct. 1, 2020, and June 4, 2026 (monetary class) or Dec. 31, 2024 (debt relief class) qualify.

None required; no claim form is necessary to benefit from the settlement, though monetary relief class members must submit an electronic payment election by Dec. 21, 2026.

About This Settlement

A class action lawsuit alleged that Bright Lending, an online tribal lender owned by the Fort Belknap Indian Community of Montana, violated state usury laws by charging interest rates allegedly far exceeding the legal limit of 36% in many states. Plaintiffs claimed these loans were illegal and that borrowers are entitled to a monetary refund with interest. Bright Lending denied any wrongdoing but agreed to a $15 million settlement to resolve these allegations.

Who Qualifies

• You may be eligible for this settlement if you meet the criteria for one of two classes:
• Monetary Relief Class (Cash Payment):*
• You are a U.S. resident (excluding Nevada and Utah)
• You entered into at least one loan agreement with Bright Lending between Oct. 1, 2020, and June 4, 2026
• You paid back at least one Bright Lending loan in full
• Debt Relief Class (Loan Cancellation):*
• You are a U.S. resident (excluding Nevada and Utah)
• You entered into at least one loan agreement with Bright Lending between Oct. 1, 2020, and Dec. 31, 2024
• You did not fully pay back at least one Bright Lending loan
• Residents of Nevada and Utah are excluded from both classes.*

What You May Receive

What you may receive depends on which settlement class you belong to:

• Monetary Relief Class Members may receive a cash payment based on a pro rata share of alleged usurious interest paid on their loans. If you paid no alleged usurious interest, you may still receive a minimum payment of $15. Exact payment amounts will vary and are not guaranteed.
• Debt Relief Class Members may receive full cancellation of any outstanding loan balances on loans taken out between Oct. 1, 2020, and Dec. 31, 2024, meaning you may owe nothing further on those loans.

In addition, Bright Lending has agreed to request deletion of negative credit reporting tied to loans from the class period, cease all collection activity on unpaid loans covered by the settlement, and refrain from selling class members' personal information for marketing purposes.

This is for informational purposes only. Payout amounts are estimated and not guaranteed.

How to File a Claim

1. No claim form is required to benefit from this settlement — eligible class members will generally be included automatically.
2. If you are a Monetary Relief Class member and wish to receive your payment electronically, you must submit an electronic payment election by the claim deadline of December 21, 2026.
3. Visit the official settlement website at BrightLendingSettlement.com to submit your electronic payment election and find additional instructions specific to your situation.
4. For questions or assistance, contact the settlement administrator at [Contact settlement administrator] or visit BrightLendingSettlement.com for full details.
5. This page is for informational purposes only and does not constitute legal advice. Please refer to the official settlement website for complete terms and eligibility requirements.

Case Details

Settlement: $15M Bright Lending Unlawful Loans Class Action Settlement
Claim Deadline: December 21, 2026
Settlement Website: BrightLendingSettlement.com