Please read this policy carefully before completing your rent reporting application with Bright. In this Consent for Reporting your rent payments with Bright the words “you” and “your” mean any person giving consent to our use of electronic records and signatures as described below. The words “we,” “us” and “our” mean Bright Capital, Inc. d/b/a Bright Money, its representatives, successors and assigns, and its designated agents and service providers.
Bright’s rent reporting policy encapsulates consent, application and verification of a user to be eligible for reporting to credit bureaus
Consent - Under this policy, Bright will not report for you if you have not agreed to this policy.
Application - Bright requires you to fill in the details to be considered for verification. These details include but are not limited to
a) Current rental address
b) Rent amount per month
c) Move-in date to the current rental address
d) Lease end date for the current rental address
e) Landlord name
f) A copy of the lease for the current rental address
g) Connecting bank account with Bright where you pay rent from
h) Selecting your rent transaction in the Bright app
Failing to provide any or all of these will make a user ineligible for reporting. Bright may reach out to you via email or phone to acquire further details
Verification - Upon completion of application, Bright will conduct a verification check of the user and their rental payments. If the user does not provide details required for verification, Bright has the right to disqualify them for reporting
Please read this Rent Reporting Consent carefully and print or save a copy for future reference to verify that you can keep this type of electronic Record.
By clicking “Done”, you agree that:
-You have received, read and agree to the terms of this Consent for Rent Reporting.
- You agree to be contacted by Bright for providing details to verify and approve you for rent reporting.
- You provided us with a correct and current lease, rental address and bank account where you pay rent from.