Solar Freedom Company Page
Cancel Sunlight Financial Solar Contract
About Sunlight Financial
Sunlight Financial is a solar-specific lender that funds installations through a network of contractors and dealers. Like GoodLeap and Mosaic, Sunlight uses a dealer fee model where the lender pays the installer a markup above the actual installation cost — a fee that is rolled into your loan without clear disclosure. Homeowners who discover this markup after signing have successfully argued TILA violations and deceptive practices to cancel or reduce their loans.
Complaints listed on this page
- Loan amount significantly higher than actual installation cost
- Dealer fee of $6,000–$12,000 not disclosed at signing
- Installer went out of business — Sunlight still collecting payments
- System never performed as promised — Sunlight refuses to help
- Monthly payment increased after introductory period ended
- Salesperson rushed signing without explaining loan terms
- Difficulty reaching customer service to dispute charges
Issues listed on this page
- Dealer fee model adds 20–30% to loan principal
- Multiple installer partners have gone out of business
- CFPB complaints regarding undisclosed fees
- Class action suits regarding dealer fee disclosure
- Stock price collapse in 2023 — financial instability concerns
- TILA right of rescission frequently not disclosed
Cancellation grounds listed on this page
- TILA right of rescission — 3 business days (extended to 3 years if not disclosed)
- Undisclosed dealer fee constitutes fraudulent misrepresentation
- Installer failure to perform — grounds for loan cancellation
- Deceptive sales practices by dealer agent
- FTC Cooling-Off Rule violations for in-home sales
- State UDAP violations — unfair and deceptive acts and practices
Legal matters listed on this page
- Class action: undisclosed dealer fees (2023)
- Individual suits by homeowners whose installers went bankrupt
- CFPB complaints and inquiry
- State AG complaints in CA, FL, and TX