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LightStream

Product Holder (94 Reviews)
Application Process
Customer Service
4.7765998840332 5

Get Your Personal Loan Rate from LightStream

What are you looking to do with your loan?

60

7.19%

estimated

$199

estimated
 

Current Loan

This Loan

 

Change

Balance

$10,000

$10,000

$0

Term (Months)

60

60

0

 

Estimated Interest & Fees

$14,000

$1,933

Down

$12,067

Interest Cost

$14,000

$1,933

Down

$12,067

Lender Fees

N/A

$0

$0

 

Total Monthly Payment

$400

$199

Down

$201

 
Savings:
Monthly Payment Savings over 1 Year

$2,412

Interest & Fee Savings over 5 Years

$12,067

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  • Most Helpful Positive Review

    Quick, Easy, Love Lightstream!
    Helpful to 13 out of 14 people

    I wanted a quick used car loan at a great rate! Lightstream provided that. The application process was easy! I got a call immediately. Answered a few questions. Had the funds in my account the next day! It was fantastic. :) 

    Read More

    Most Helpful Critical Review

    Major issues with loan payoff
    Helpful to 17 out of 20 people

    I worked with my credit union to consolodate my automotive loans. My credit union sent Lighstream a check to the confirmed proper address with my double confirmed proper account number, but Lightstream continues to insist that I have not had my loan paid off and that they don't know where the money went? WTF?? My credit untion even sent them paperwork providing proof that the check was cleared and was properly documented.

    My credit union will never work with Lightstream again.

    Read More

    Reviews (94)

    Best Car Loan rate I could get

    I'm one of those millenials overwhelmed with student loan debt (all government loans). I went to a car dealership to get a loan for a used vehicle and was getting interest rates as high at 7.5% for $10K (Wells Fargo being the absolute worst with 8.3% and I've been banking with them for years). Credit score is >800 and I have 3 credit cards with a total of $34K credit line, utilization about 5-7% - I was able to get an unsecured loan with Light Stream at 2.39% with direct debit from my checking acount every month (and an addition 0.05% off interest rate), no hassle, didn't have to go into the branch, signed loan online and go the car a few hours later. Super easy experience, they asked for more information than any other bank and apparently did a much more thorough analysis to see that I was very obviously credit worthy. Student loans are overwhelming but they shouldn't define my credit worthiness since my loans are with the US Dept of Education. Thanks to this loan Lightstream I was able to get a rate that made the most sense for me and didn't judge me based on my student debt history.

    Read More
    LightStream was great until they werent
    Helpful to 1 out of 3 people

    I'm very disappointed in Lightstream.  I am a solid customer of theirs.  I had 3 loans totallying 60k as of two weeks ago.  I had just been approved 2 weeks ago for an additional 30k which brought me to the 60k in loans.  I refinanced one of those loans to reduce the term of loan as LightStream does not allow you to refinance a loan with them.  Upon paying off the loan I applied with Lightstream again to pay the loan I just obtained to refinance thier loan.  At this time my debt with LS was 30k.  They denied me for no good reason.  My financial position was exactly the same as it was two weeks ago.  It makes no sense.  I am very disappointed and will not apply or take out any additional loans with Lightstream.  I will refinance as soon as possible.   They certainly do not know how to treat their top notch customers in my opinion.

    Read More
    Auto Refinance
    Helpful to 2 out of 4 people

    Excellent process from start to finish.  I was skeptical at first but gave it a try.  I saved 3.5% off the rate at the dealership.  NO FEES!  NO PAPERWORK!  Approved in 30minutes from hitting the send button for $14k and UNSECURED loan so I didn't even have to mess with the vehicle title.  Credit score of 815. Thanks Light Stream.  I will go here first from now on.

    Read More
    Helpful to 1 out of 1 people

    Hi what rate did you get? my score is 780 so I may try to push it over 800 before I apply with them but I'd like to have an idea of a real world rate with them? Thanks.

    pilot81's reply was:    

     
    Auto Refinance
    Helpful to 0 out of 2 people

    Excellent process from start to finish.  I was skeptical at first but gave it a try.  I saved 3.5% off the rate at the dealership.  NO FEES!  NO PAPERWORK!  Approved in 30minutes from hitting the send button for $14k and UNSECURED loan so I didn't even have to mess with the vehicle title.  Credit score of 815. Thanks Light Stream.  I will go here first from now on.

    Read More
    So Far the Best Loan Experience
    Helpful to 5 out of 8 people

    Just getting this product to pay off credit cards and my Credit Score dropped 19 points only because some of the paid off credit card companies have not yet reported the payoff to the credit bureaus.  I really don't know how many points will be added to my credit score after the paid off companies report, but paying LightStream the one payment gives me an end date instead of the hit and miss efforts I had used with credit cards.  Now I can discipline myself better and pay off a credit cardddd [if I decide to use it] within a month or two. Much discipline is required to avoid going back to increased credit card debt, so it keeps me on my toes more.  Good experience so far!

    Read More
    Best loan application experience ever!
    Helpful to 3 out of 4 people

     Company really seems applicant-friendly with mission of helping consumers become debt-free! An easy uncomplicated loan experience! Would definitely rate as #1 in obtaining unsecured loans. Used the personal loan to pay down credit card debt that I was attempting to do month by month on my own. Applicants who obtain such a loan must be disciplined to avoid returning to credit card debt within the 36 month period.

    Read More
    Very quick and easy
    Helpful to 5 out of 7 people

    Was looking for a low interest loan to pay off my high interest debts. With bad credit in the past, I ended up having to pay high interests to my student loans (11% interest), and I got suckered into buying timeshare (17% interest, big mistake). I finally got myself together and started working on my credit. Took me a whole year and a half to reach 721, but I did it.

    I thought maybe this might be a good time to find a loan with low rates, so i came across lightstream. They were advertising 7%-9% interest rates and I thought it was too good to be true. Looked into reviews on creditkarma, google searched everything I could to find a reason to apply. I wanted to make sure I could approve for this kind of loan, so I was being very cautious about pulling my credit.

    After giving a day of thought, I finally gave into it and applied. It was a simple online process. They asked for proof of income and assets, uploaded it, and all done. I was approved within 3-4 hours. The setup was easy, everything was straight forward. I cannot wait to pay of these loans and save some money.

    So in all, it's been great so far.

    Read More

    A great company! One of the best! Application process was uncomplicated! Company really seems applicant-friendly with mission of helping consumers become debt-free!

    BSFfaithful's reply was:    

     
    2 days and funds are in my bank ! A +++
    Helpful to 1 out of 2 people

    I applied for an unsecured car loan for 18,000 on a Saturday afternoon and the following Tuesday funds were in my account.  I did not speak with anyone; I simply submitted the only application and got the approval right away.  Actually, I used lendingtree.com and 2 banks competed for the business. I selected LightStream and so far so good.  They disclosed exactly my payment terms and even let me select what day on the month I wanted to make my payments.

    So far, a very pleasent experience.

    CL

    Queens, New York

    Read More

    carloslijeron's review was:    

     
    Write A Reply |
    Helpful to 4 out of 5 people

    Super fast loan......Easiest Credit card loan payoff  I could receive. From time of applying for the loan till the time of funding was 48 hrs. Completely Hassel free and the best NON-SERCURED LOAN available wish i could give them 10 stars

    Read More

    A great company! One of the best! Application process was uncomplicated! Company really seems applicant-friendly with mission of helping consumers become debt-free!

    BSFfaithful's reply was:    

     
    AMAZING!
    Helpful to 2 out of 2 people

    Applied on a Sundy afternoon and received a call the following Monday morning to ask me a few questions and emailed a check stub. Finalized a $20,000 Timeshare refinance loan at %7.5 percent rate that same day and had deposit in my bank account that Wednesday. Amazingly easy process with great repayment terms!

    Read More

    why do you have a $20,000 timeshare loan? must be a nice timeshare...

    pilot81's reply was:    

     

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    Company Overview

    LightStream is an online consumer lending division of SunTrust Bank, a Georgia banking corporation. LightStream offers a virtually paperless application, approval, signature, funding and servicing process allowing you to save not only on our natural resources but on expenses as well.

    Borrowers can apply online and list loan requests ranging from $5,000 to $100,000. They offer fixed rate, simple interest installment loans all with no fees or prepayment penalties. You can set up an account online making monthly payments easy for borrowers to manage.

    Founded in 1985, SunTrust is headquartered in Atlanta, Georgia. SunTrust has 1,659 bank branches throughout the Southern states.

    **Annual Percentage Rates, terms of loan, and monthly payments presented are estimated and were created based upon information entered by the consumer and through analysis of information publicly available at lender websites. While efforts have been made to maintain accurate information, the loan information is presented without warranty and the estimated APR or other terms presented do not bind any lender. Lenders generally have a range of available APRs (for example, a lender’s range might be 7% to 30%) and only borrowers with excellent credit will qualify for the lowest rate available. Your actual APR will depend upon factors evaluated at the time of application, which may include credit score, loan amount, loan term, credit usage and history. All loans are subject to credit review and approval. When evaluating offers, please review the lender’s Terms and Conditions for additional details.