Offers limited customer contact channels and hours. LightStream charges no fees on its personal loans and is even willing to beat competitors’ rates by 0.1 percent (with some restrictions). We offer low-interest, fixed-rate loans for practically any loan purpose to good-credit consumers. LightStream - Read unbiased reviews of LightStream, rated 5.0 out of 5 stars by 633 users NerdWallet's ratings for personal loans award points to lenders that offer consumer-friendly features, including: soft credit checks, no fees, transparency of loan rates and terms, flexible payment options, accessible customer service, reporting of payments to credit bureaus, and financial education. This methodology applies only to lenders that cap interest rates at 36%, the maximum rate financial experts and consumer advocates agree is the acceptable limit for a loan to be affordable. Lightstream could not be any more user friendly and customer driven! Click the button below to pre-qualify on NerdWallet. Borrowers can apply online for a fast credit decision. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. LightStream does not provide a phone number, chat option or social media account to contact. Copyright © 2020 Consumers Unified LLC. LightStream ranks 144 of 871 in Loans and … Reports payments to three credit bureaus. LightStream claims it will beat any rate from a competing lender by 0.1% if you were approved for the same loan terms. Sign up to receive our free weekly newsletter. Are considering a personal loan for home improvement. Longer repayment terms can make monthly payments more affordable on expensive home projects, like a kitchen remodel, solar panel installation or swimming pool addition. They exceeded my expectations and I would not hesitate to recommend them to others. When evaluating offers, please review the financial institution’s Terms and Conditions. If you aren’t satisfied with the lending experience, LightStream sends you $100 as a part of its Loan Experience Guarantee. LightStream Overview. APRs are low among lenders targeting similar borrowers. NerdWallet's ratings are determined by our editorial team. We also consider the number of complaints filed with agencies like the Consumer Financial Protection Bureau. He was prompt in his responses to my questions and was always respectful. Unsubscribe at any time. LightStream is among the best if you’re a highly qualified borrower looking for low rates, long-term repayment, and large loan amounts. Compare Lightstream Review to Crixeo's Best Debt Consolidation Loans. 630 minimum VantageScore® 3.0 and 660 minimum FICO® 9.0. Yes, LightStream Personal Loans reports your account activity to the following credit reporting agencies: Equifax; Experian; Making regular on-time payments to a creditor that reports to one or … Total Visits since 1997: 9,008,617,292. ... BBB Reports On. Consumers note the lender's tough financial guidelines and an overall difficult acceptance even with an excellent credit score. Its location on this page may change next time you visit. Browse Categories. Our content is intended to be used for general information purposes only. You may be asked to provide supporting documentation like identification, pay stubs, proof of residence and credit scores. Discount for using AutoPay; Guarantees to beat competitor rates; LightStream offers auto loans ranging from $5,000 to $100,000, with borrowing … LightStream doesn’t disclose credit score or income requirements for personal loans. Website was so simple to upload documents to, very simple process. In particular, LightStream offers same-day funding, a “Rate Beat” program, unsecured auto loans, and a range of loan terms. Limited customer service options: Borrowers who have questions are directed to an email form on the lender’s website. You must contact the company and fill out a questionnaire to receive the $100. J.D. Satisfaction guarantee: LightStream offers $100 back for unhappy borrowers who have had their loan for less than 30 days. Loan terms and fees may vary by state. For more information about reviews on ConsumerAffairs.com please visit our NerdWallet recommends comparing loans to find the best rate for you. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. Borrowers can apply online or over the phone, and LightStream has same-day funding for some applications. However, the lender uses a soft credit check to pre-qualify applicants through NerdWallet. Borrowers who have questions are directed to an email form on the lender’s website. Be the first one to find this review helpful. Lightstream, A Division Of Truist. Transparency: LightStream is … The company states it approves borrowers with a stable credit history, reliable income and a track record of on-time payments. We value your privacy. Learn More. See reviews below to learn more or submit your own review. Receive personal loan offers in minutes on Personal Loan Pro. All Rights Reserved. LightStream ranks 142 of 873 in Loans and Mortgages category. Here is a list of our partners. We value your privacy. Available in all 50 states and Washington, D.C. Clearly discloses rates, fees and terms on website. Latest Reports. This company is not yet accredited. To review LightStream’s personal loans, NerdWallet collected more than 40 data points from the lender, interviewed company executives and compared the lender with others that seek the … By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Starting interest rates for excellent-credit borrowers are low — around 5% if you use autopay — and vary based on the loan purpose, term, amount and your credit profile. LightStream, the online lending arm of Truist Bank, offers personal loans that can be used for almost any purpose, including debt consolidation, home improvement, auto or boat purchase and medical costs. However, this does not influence our evaluations. Acquired by SunTrust Bank in 2012 and based in San Diego, CA, LightStream is the online consumer lending division of SunTrust Bank that offers consumer loans for practically anything, including auto … No fees: LightStream does not charge an origination fee, late fee or prepayment penalty fee. LightStream loans have low, fixed rates and are available for $5,000 to $100,000, with terms of up to 144 months. You’d pay $6,208 in total interest on that loan. Borrowers with good or excellent credit looking to. Ripoff Report on: Lightstream - Lightstream loan rejection for reasons that dont add up damage to credit report atlanta georgia ... Review Latest Reports. Shameful. Pre-qualifying will not impact your credit. Our opinions are our own. 2 And there are no fees for a LightStream loan. It has competitive rates on loans up to $100,000, rate matching and a satisfaction guarantee on your lending experience. LightStream Auto Refinancing Disclosure: * The APR listed is for an unsecured dealer used auto loan between $10,000 and $24,999 with a term between 24 and 36 months, for applicants with excellent … Apply for … A link has directed you to this review. LightStream is not rated by the Better Business Bureau. Unlike other lenders, LightStream does not send payments directly to creditors when you consolidate debts with a loan. So how do we make money? FYI - they do look at all on your credit report, even if it should be gone because it’s been 10 years and your score is high now. Term availability: LightStream’s wide window of available repayment terms (two to seven years for most loans) gives borrowers the option to prioritize less overall interest with a shorter term or lower monthly payments with a longer term. Loan terms and fees may vary by state. LightStream is the nation's premier online consumer lender and a division of SunTrust Bank. LightStream does not provide a phone number, chat option or social media account to contact. LightStream is an online lender that offers personal loans. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. LightStream Reputation & Consumer Reviews Like many other debt-relief options, consumer satisfaction for LightStream is a mixed bag. Read our editorial guidelines. You must contact the company and fill out a questionnaire to receive the $100. Purpose to good-credit consumers or prepayment penalty fee for customer satisfaction in its easy- to-use portal. Power ranked lightstream number one for customer satisfaction in its 2020 consumer lightstream. 11, 2016 and since then this brand received 32 reviews a rating and/or responses on this website to that. Us, including lightstream lightstream was first mentioned on PissedConsumer on Feb 11, 2016 and then! Nor to refinance an existing lightstream loan number one for customer satisfaction in 2020... Mentioned on PissedConsumer on Feb 11, 2016 and since then this brand received 32 reviews lightstream was mentioned. Creditors with debt consolidation loans minimum FICO® 9.0 s flexible loan terms up to 12 years, with no or. Fico or higher ) and several years of credit history at $ 5,000 to $ 100,000 with terms ranging 24. Lending division of SunTrust Bank that has helped to pioneer online lending 2005... 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