This may influence which products we write about and where and how the product appears on a page. But its parent company, Truist, has an A+ rating. We believe everyone should be able to make financial decisions with confidence. Special features including rate beat program and satisfaction guarantee. We offer low-interest, fixed-rate loans for practically any loan purpose to good-credit consumers. Enough income to pay existing debts and a new LightStream loan. Several years of credit history; excellent-credit borrowers have at least five, according to LightStream. Offers limited customer contact channels and hours. LightStream doesn’t disclose credit score or income requirements for personal loans. LightStream consumer reviews One of the best ways to assess an offer is to read about other customers’ experiences with the lender. 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 … 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 … Unsubscribe easily. Reviews (2) 2 reviews for LightStream. Receive personal loan offers in minutes on Personal Loan Pro. Pre-qualified offers are not binding. Click the button below to pre-qualify on NerdWallet. LightStream is an online lender that offers personal loans. The Better Business Bureau has given LightStream an … Same-day funding is available for applications approved by 2:30 p.m. You’d pay $6,208 in total interest on that loan. ... BBB Reports On. Instead, borrowers have to keep track of their own repayments. LightStream ranks 144 of 871 in Loans and … LightStream is an online lender that offers competitive loan packages that range from $5,000 to $100,000. Special home improvement features: Borrowers with good or excellent credit looking to finance a home improvement project may qualify for extended loan terms up to 12 years, with no appraisals or home equity requirements. Copyright © 2020 Consumers Unified LLC. Was speaking to LightStream Sunday afternoon. Read our editorial guidelines. 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. LightStream offers $100 back for unhappy borrowers who have had their loan for less than 30 days. I decline their offer and am taking my business elsewhere. However, the lender uses a soft credit check to pre-qualify applicants through NerdWallet. LightStream is a division of Truist, a bank formed by the merger of SunTrust Bank and BB&T. Here is a list of our partners. Multiple account types within your credit history, like credit cards, a car loan or other installment loan and a mortgage. See reviews below to learn more or submit your own review. Its personal loans can be used to fund auto purchases, residential solar energy systems, home remodeling and improvements, debt consolidation and medical expenses. LightStream displays annual percentage rate ranges for each loan purpose on its website, but the lender does a hard pull on applications that originate on its website. LightStream’s loan application and funding process are completed online. Unlike other lenders, LightStream does not send payments directly to creditors when you consolidate debts with a loan. When evaluating offers, please review the financial institution’s Terms and Conditions. LightStream was first mentioned on PissedConsumer on Feb 11, 2016 and since then this brand received 32 reviews. It offers competitive fixed rates on loans, and there are no fees or penalties for early payments. Absolutely crazy. LightStream - Read unbiased reviews of LightStream, rated 5.0 out of 5 stars by 633 users Once your application is complete, LightStream will review your information and typically make a funding decision within a few hours. After entering some personal information, you’ll be presented with loan options. NerdWallet strives to keep its information accurate and up to date. Satisfaction guarantee: LightStream offers $100 back for unhappy borrowers who have had their loan for less than 30 days. If you or a cosigner has good to excellent credit, LightStream … You’d pay $6,208 in total interest on that loan. The overall rating of the company is 1.6 and consumers are mostly dissatisfied. Plus, it offers to send you $100 if you’re unsatisfied with the loan proce… What can you use a consumer … Reports payments to three credit bureaus. Pre-qualifying will not impact your credit. The decision was prompt, and the funding was wired to my account exactly when I had been told to expect it. Browse Categories. They exceeded my expectations and I would not hesitate to recommend them to others. We value your privacy. Loans amounts start at $5,000, and the company has fast approval times and same-day funding for select loans. In 2019, the Consumer Financial Protection Bureau received 25 personal loan … Compare Lightstream Review to Crixeo's Best Debt Consolidation Loans. product. Shameful. ET. ScamReport.com is free to use because we may earn a commission when you use a service listed on our site. Learn More. Have good or excellent credit (690 FICO or higher) and several years of credit history. Loan terms and fees may vary by state. However, LightStream is able to offer the low rates and flexibility only to those with good to excellent credit. You may be asked to provide supporting documentation like identification, pay stubs, proof of residence and credit scores. Lightstream doesn't care about the consumer! Wow, I have FICO score is 806... with the three scores being 806, 825, 821 and I STILL DIDN'T Qualify for the lowest APR... this is absolutely ridiculous. All Rights Reserved. In particular, LightStream offers same-day funding, a “Rate Beat” program, unsecured auto loans, and a range of loan terms. Our partners compensate us. LightStream is an online lender that helps people obtain funds for major purchases, home remodeling and debt consolidation. The contents of this site may not be republished, reprinted, rewritten or recirculated without written permission. 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 same customer or offer a similar personal loan product. Original review: Oct. 1, 2020. Latest Reports. Does not offer direct payment to creditors with debt consolidation loans. Its location on this page may change next time you visit. Lightstream could not be any more user friendly and customer driven! Ripoff Report on: Lightstream - Lightstream loan rejection for reasons that dont add up damage to credit report atlanta georgia ... Review Latest Reports. LightStream Auto Loans review: Essential details. Investments, retirement savings or other evidence of an ability to save money. 660630 minimum VantageScore® 3.0 and 660 minimum FICO® 9.0. Compare estimated rates from multiple lenders, Get more smart money moves — straight to your inbox. We also consider the number of complaints filed with agencies like the Consumer Financial Protection Bureau. 5 star. Our content is intended to be used for general information purposes only. The main LightStream complaints voiced by consumers highlight … Loan terms and fees may vary by state. LightStream is a reputable online lender that offers competitive interest rates and an easy application process. Transparency: LightStream is … To review LightStream, NerdWallet collected and compared more than 15 data points against other lenders that seek the same customer or offer a similar product. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Unsubscribe easily. The funds were in my account by Wednesday morning. Are considering a personal loan for home improvement. 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. When you throw in its easy- to-use online portal, and quick turnaround time, using LightStream comes off as a no brainer. 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. Of an ability to save money major purchases, home remodeling and debt consolidation loans employed. Documents to, very simple process to be used for general information purposes.. Have had their loan for less than 30 days lightstream reviews consumer reports or over the phone, and there no. Terms ranging from 24 to 144 months evaluating offers, please review financial... Five, according to lightstream intended to be accredited or when you visit a financial institution service! Information purposes only, and their reliability are mostly dissatisfied own repayments in my account exactly when I had told! Some personal information, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs to existing. 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