A stable income that will comfortably cover any other expenses and the new loan. See APR examples and terms. It’s not about getting a loan — it’s about getting what you want. However, Discover has a minimum loan amount of $2,500, so it may be good for someone who doesn't need to  borrow much. since, “No Rules Rules: Netflix and the Culture of Reinvention”. SoFi rate ranges are current as of December 18, 2020 and are subject to change without notice. }); Disclosure: This post is brought to you by the Personal Finance Insider team. Additionally, there's no prepayment penalty for repaying the loan early. What you decide to do with your money is up to you. But, LightStream has quite a few acceptable uses to choose from. Subject to credit approval. Many lenders claim to have low rates. ET on weekends. googletag.defineSlot('/1035677/Business_Insider_AMP_', [[300, 139], [1, 1], [300, 360], [300, 475], [595, 139], [595, 360], [595, 475], [300, 250], [595, 250]], 'div-gpt-ad-1602088621612-0').addService(googletag.pubads()); Sign up for Personal Finance. LightStream doesn't offer pre-approvals for its personal loans. By eliminating paper almost entirely from the LightStream loan process, we not only save our natural resources but we save on expenses as well, better enabling us to offer you highly competitive interest rates. Once approved, e-sign your loan agreement and set-up your loan for funding. At least 25% of approved applicants applying for the lowest rate qualified for the lowest rate available based on data from 07/01/2020 to 09/30/2020. Discover's maximum limit for personal loans is $35,000, much lower than other lenders. We’ve reinvented lending, with a virtually paperless online process that’s refreshingly simple. No Student Loans: If you want a loan to pay for post-secondary education or wish to refinance an existing student loan, you should look to other lenders. Advertised rates and terms are subject to change without notice. Advertised rates and terms are subject to change without notice. Excellent credit is required to qualify for lowest rates. Rate is quoted with AutoPay discount. Have funds in your account as soon as today. LightStream is ideal if you’re looking to take out a large loan, want a long loan term or need funds fast. Lightstream loans can't be used for business purposes, nor to refinance an existing LightStream loan. Best personal loan rates for January 2021. Lowest rates require excellent credit. While good credit is required with this lender, the low interest rates are hard to beat. While you can use a generic personal loan to purchase a vehicle, auto and vehicle loans will generally get you a much better deal. Read our detailed LightStream personal loans review to learn about the interest rates, terms, fees, loan amounts, and more offered by LightStream. Personal loans through this lender are relatively flexible in terms of their use, amounts, and the length of the payback period. Receive your funds as soon as today. Home improvement, including pool installation, solar panel installation, or remodels, Boat, RV, or aircraft purchase or refinance, Car purchases, including a new or used purchase from a dealer or private party, lease buyouts, or refinancing, Information on your assets, like home equity, saving and checking account balances, investment balances, and retirement account balances. Lending services provided by Truist Bank. (conditions apply), Lowest interest rate of major competitors, Wide range of borrowing amounts and terms, Only available to people with good credit, A good credit mix, including a combination of credit card use, and consumer debt like an auto loan or a mortgage, Few or no payment delinquencies on your credit report, Other assets, including liquid savings, investments, and retirement savings. For most customers, that means a minimum credit score requirement of 660. Subject to credit approval. 8 Calculation based on a three-year LightStream loan with the lowest available rate of 5.95% APR. window.googletag = window.googletag || {cmd: []}; Ready for your best loan experience ever? At LightStream, we care about the environment and, more importantly, we try to do something about it.For one, we have created a virtually paperless consumer loan experience at LightStream. Large loan amounts: LightStream offers between $5,000 and $100,000 in financing to qualified borrowers. The former lending division of SunTrust Bank, now owned by Truist, mainly focuses on customers with good or better credit. At LightStream, we care about the environment and, more importantly, we try to do something about it. SoFi Personal Loans Disclaimer: Fixed rates from 5.99% APR to 25.05% APR (with AutoPay). as well as other partner offers and accept our, Lightstream; Alyssa Powell/Business Insider, Fee-only vs. commission financial advisor, See Business Insider's picks for the best personal loans », recommends limiting personal loan shopping, 4 reasons to open a high-yield savings account while interest rates are down, It took less than 10 minutes to open a high-yield cash account with Wealthfront and earn more on my savings, 7 reasons you may need life insurance, even if you think you don't, For anyone with good credit, low interest rates from LightStream make this lender's. Maximum APR for a … Still, as of 1/6/21, a loan from $5,000 – $9,999 with a 24-36 month term would range between 4.99% – 17.99%. Here are the options for personal loans: There is an option available for "other" loan purposes, but interest rates are higher in this category. ET, and from noon to 6 p.m. Flexible Terms LightStream (Member FDIC) offers personal loans for a variety of uses with competitive interest rates. Stories, strategies, and tips for better personal finance. Rates under the invoicing option are 0.50% higher. If you are someone with excellent credit, then LightStream may be the lender for you, as they offer extremely competitive rates on unsecured personal loans. Information on your total monthly housing expenses, like rent, or mortgage payments, including home equity loans. ), cash down payments on real estate, retirement savings, and little, if any, revolving credit card debt, Stable and sufficient income and assets to easily repay current debt obligations and any new loan with LightStream. Oftentimes, this involves getting pre-approved by several different companies and comparing the offers before settling on one. LightStream offers loan amounts from $5,000 to $100,000, quick approval and funding, plus competitive rates and no LightStream fees. Rate is quoted with AutoPay discount. The Rate Beat Program excludes secured or collateralized loan offers from any lender and the competitive offer must be generally available to any customer with a similar credit profile. AutoPay discount is only available prior to loan funding. Terms are subject to change at any time. That's a lower starting point than other lenders that require a 660 or higher minimum credit score, like SoFi and Marcus by Goldman Sachs. Invoicing option is 0.50% points higher. Many personal loans are only available to borrowers with good or better credit. Loan terms can last anywhere between two years and seven years so you can get quite specific with the exact loan terms you’re looking for. Once you have the decision and a loan offer, you'll sign the agreement, provide funding preferences, and complete the final verification process. Under Florida law we are required to collect and transmit to the State of Florida, on your behalf, a documentary stamp tax. No Origination Fees; LightStream doesn’t charge origination fees. LightStream's Rate Beat Program. We can fund your loan as soon as the day you apply. LightStream may offer a rate .1% lower than what's offered to you by a competing lender. If your credit score is under 660, you should consider other lenders. LightStream doesn’t charge any fees or prepayment penalties. If you take action based on one of our recommendations, we get a small share of the revenue from our commerce partners. LightStream and SoFi have quite a few similarities: both offer loan amounts between $5,000 and $100,000, and don't require any fees. LightStream offers some of the lowest rates for everything from home improvement, debt consolidation, medical bills, auto, motorcycle, RV, boat, etc. We occasionally highlight financial products and services that can help you make smarter decisions with your money. The lowest rate in each range is for LightStream's unsecured auto loan product and requires that you have an. This does not influence whether we feature a financial product or service. Lightstream also requires credit history, which could rule out borrowers with a limited history of taking out loans or using credit cards. Most personal loans have a maximum term of 60 months. Subject to credit approval. Firstly, LightStream only considers borrowers with good credit. LightStream will offer a rate .10 percentage points lower than the rate offered by a competing lender subject to satisfactory evidence being provided that you were actually approved for a lower rate with another lender for the same loan terms offered by LightStream by no later than 2 p.m. Eastern time one business day prior to loan funding. This stems from their focus on good to excellent credit consumers. That is, you’ll find a lower rate until you cash in on LightStream’s Rate Beat guarantee. You'll set up your repayment, including automatic payments to take advantage of the .5% discount. What you need to know about LightStream personal loans. Stamp tax is NOT included when determining loan interest rate. Lightstream received the highest score in the personal loan segment of the J.D. If you're considering a personal loan from LightStream, there are a few things you'll want to know up front. The amount of this tax, which is slightly more than .0035 times your loan amount (or just over $35 for a $10,000 loan), will be added to your loan amount if your loan request is approved and funded. Got good credit? Conditions and limitations apply. To take advantage, you must show evidence that you were approved for another loan with the same terms offered by LightStream on the same day for a lower rate. LightStream doesn't require any application fees, origination fees, or administrative fees. Low Rates; LightStream’s rates are lower than many other lenders, starting at 3.99% if you opt for AutoPay. To get the best rates, LightStream requires a minimum of five years of credit history and no delinquent accounts. LightStream offers fixed-rate loans ranging from $5,000 up to $100,000 and guarantees the lowest APR percentages, or they’ll beat the competition by 0.10%. Firstly, SoFi loans are only available in 30 states, while LightStream loans are available nationwide. SunTrust, Truist, LightStream, the LightStream logo, How many will beat your lowest qualifying rate, from any lender? Atlanta, GA 30368-7320. Mailing Address To check the rates and terms you qualify for, SoFi conducts a soft credit pull that will not affect your credit score. AAA may be compensated for the referral of loan customers to LightStream. LightStream offers loans for all types of vehicle purchases -- from new and used cars to boats, RVs, motorcycles, airplanes and classic cars. LightStream will offer a rate .10 percentage points lower than the rate offered by a competing lender subject to satisfactory evidence being provided that you were actually approved for a lower rate with another lender for the same loan terms offered by LightStream by no later than 2 p.m. Eastern time one business day prior to loan funding. ET. Interest rates vary by the loan's purpose, in addition to credit history, repayment timeframe, and the loan amount. While Lightstream loans start at 3.99% APR* (as of 10/27/2020), other competing lenders with similar credit requirements (like Discover and Marcus by Goldman Sachs) start their loan APRs at 6.99%. While other Truist brands — SunTrust and BB&T — have physical locations, LightStream loans are only available online. You will receive a response shortly during business hours. Rates without AutoPay are 0.50% points higher. Advertised rates and terms are subject to change without notice. Monday - Friday: 9 a.m. to 8 p.m. & Saturday: Noon to 4 p.m. Saturday & Sunday: Noon to 6 p.m. LightStream Cons Low Rates: Starting at 2.29% for personal loans, LightStream has among the lowest interest rate personal loans of any lender. By eliminating paper almost entirely from the LightStream loan process, we not only save our natural resources but we save on expenses as well, better enabling us to offer you highly competitive interest rates. Subscriber Rates quoted with AutoPay option. LightStream is not responsible for and does not endorse, guarantee or monitor content, availability, viewpoints, partners, advertisers, products or services that are offered or expressed on third-party Web sites. But, SoFi has two major drawbacks. LightStream charges no fees on its personal loans and is even willing to beat competitors’ rates by 0.1 percent (with some restrictions). We will, because we’re truly confident that our rates are always competitive. While some personal loan services allow customers to shop for different loan offers, LightStream actually provides the loan directly themselves. Learn more about how LightStream loans can be used to finance: Five or more years of significant credit history, A credit history with a variety of account types such as major credit cards (for example, Visa, MasterCard, Amex), installment debt (vehicle loans) and mortgage debt if applicable, An excellent payment history with no delinquencies or other problems repaying debt obligations, A proven ability to save evidenced by some or all of the following; liquid assets (stocks, bonds, bank deposits, etc. Interest rates start at 3.99% APR* (as of 10/27/2020). You can also borrow up to $100,000 through this lender, which is higher than what many other personal loan companies can offer. Maximum APR for a … Please note: Credit Card/Debt Consolidation loan amounts greater than $50,000 are only available for, Please note: Credit Card/Debt Consolidation loan terms greater than 60 months with a loan amount of less than $25,000 are only available for, Rates for each loan amount and term combination below are shown in a minimum to maximum range because LightStream rates and terms vary based on your credit profile. Get Started PrimeRates Lender … LightStream Personal Loans Review Read More » If the application is made during business hours, a decision should come shortly after applying. The lowest interest rates available include a 0.50% rate discount for signing up for autopay. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. To see exact terms visit their Rate Beat page. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, income, and other factors. Rate is quoted with AutoPay repayment discount, which is only available when you select AutoPay prior to loan funding. By eliminating paper almost entirely from the LightStream loan process, we not only save our natural resources but we save on expenses as well, better enabling us to offer you highly competitive interest rates. As with any loan, it's important to shop around to find the best deal for you — get offers from several different lenders and compare them to find the one with the lowest APR that's the best fit for your budget. Conditions and limitations apply. That’s why LightStream has reinvented lending. If you find a lower interest rate on a matching personal loan (same terms, not subsidized by an employer), LightStream will beat the rate by … Get it now on Libro.fm using the button below. Get a low-interest, fixed-rate loan, at amounts from $5,000 to $100,000, for practically anything you want. Advertised rates and terms are subject to change without notice. At LightStream, loan amounts range from $5,000 to $100,000, and can be repaid in a span of 24 months to 12 years, depending on the loan amount and purpose. googletag.cmd.push(function() { LightStream is a personal loan provider offering loans of up to $100,000 for applicants with good-to-excellent credit. Secondly, SoFi loans have a higher minimum credit score, while having higher interest rates than LightStream. For one, we have created a virtually paperless consumer loan experience at LightStream. LightStream is tailored to customers with strong credit and income — even promising to beat some competitors’ rates to get those customers. Your loan terms, including APR, may differ based on loan purpose, amount, term length, and your credit profile. You can apply for multiple personal loans and compare the offers. LightStream Personal Loan Review. If you're considering a personal loan and have good credit, LightStream may be a good place to start looking. Apply Online. The lowest rate in each range requires that you have an, Rates for each loan amount and term combination below are shown in a minimum to maximum range because LightStream rates vary based on your credit profile. PO Box 117320 The key feature of LightStream's online personal loans is that they can be up to $100,000 and used for nearly any reason. Loans from Marcus also max out at $40,000, while LightStream offers up to $100,000. No fees: LightStream has no origination fee or prepayment penalty fees for paying your loan off early. Here's how it stacks up against the competition. Personal loans from Marcus by Goldman Sachs start much higher than the minimum APR of LightStream loans. You can click the Return to LightStream.com button now to return to the previous page. One of the verification steps requires a Visa or MasterCard credit card. At Citizens Financial Group the interest rate is 6.79% for a three-year loan and 9.06% for a seven-year loan. After verification, the funds will be delivered as requested. Rates vary by loan purpose). © 2021 Truist Financial Corporation. At LightStream, we care about the environment and, more importantly, we try to do something about it.For one, we have created a virtually paperless consumer loan experience at LightStream. LightStream boasts that it is so "so confident in the competitiveness of our interest rates that we will beat an interest rate (APR) presented by any other lender by .10 percentage points, if the other lender’s rate meets the terms and conditions described" at their website, which include furnishing LightStream with proof of the loan offer that is better than theirs. Here are some key features of LightStream personal loans. Information for the other person you're applying with, if applying jointly. We operate independently from our advertising sales team. LightStream offers high borrowing amounts and low rates on its unsecured personal loans, which can be used for nearly any purpose, including home improvement projects, debt consolidation and adoption financing. Enough income to pay existing debts and a new LightStream loan. Credit reporting bureau Experian recommends limiting personal loan shopping to a week or two, as multiple applications will count as one hard inquiry within that time frame, minimizing credit impact. A credit score of 660 is a minimum requirement. While Lightstream loans start at 3.99% APR* (as of 10/27/2020), other competing lenders with similar credit requirements (like Discover and Marcus by … Repayments with LightStream range between two to seven years. Good credit means a great rate. We encourage you to review the privacy policy and security offered on the third-party site prior to providing any personal information. Excellent credit is required to qualify for lowest rates. Not all rates and amounts available in all states. 1 Your loan terms, including APR, may differ based on loan purpose, amount, term, length and your credit profile. You'll only need basic information for the initial application, including: You'll be able to see what your interest rate range is before even submitting your application, with a specific interest rate provided as you're approved. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Rates without AutoPay are 0.50% points higher. When you have good credit, LightStream rewards you with the benefits that are most important to you. Fixed rate, simple interest fully amortizing installment loans, no fees or prepayment penalties. LightStream and Marcus by Goldman Sachs both offer no-fee, low-rate personal loans to borrowers with excellent credit. Business Hours (Eastern time). Competitive interest rates. Things to consider While LightStream offers a wide range of personal loan options, the company is known for catering to customers with good to excellent credit scores, so those with average or bad credit should look elsewhere for approval. APRs on an LightStream auto loan, for instance, start at 3.99% with AutoPay. The privacy policy, level of security or accessibility standards may differ from ours. Loan Details The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. It offers personal loans up to $100,000 at competitive rates — with loan terms as long as seven years. LightStream is the national online consumer lending division of SunTrust Bank, which recently became Truist after merging with BB&T. All other trademarks are the property of their respective owners. LightStream Personal Loans offers loan terms of up to 144 months. Expert review. Like Marcus, LightStream's interest rates have a big advantage over this lender's personal loans. Not all applicants qualify for the lowest rate. Unsecured new-car loans, for example, have different rates than debt consolidation or medical loans. Apply in minutes. See Personal Loan eligibility details. LightStream loans are also simple interest structures. You can also pay off your loan early without incurring a prepayment penalty. Rates in this post are current as of 10/27/2020. By clicking Continue, you will be taken to a third-party Web site which is not affiliated with LightStream, a division of SunTrust Bank. LightStream rates and terms depend on the applicant’s credit history, assets, and income. If you’re looking for a smaller loan, Marcus’ minimum loan amounts start at $3,500 with maximum amounts of up to $40,000. Payment example: Monthly payments for a $10,000 loan at 2.49% APR with a term of 3 years would result in 36 monthly payments of $288.57. Plus, it offers to send you $100 if you’re unsatisfied with the loan proc… Investments, retirement savings or other evidence of an ability to save money. The application is available entirely online, and can be done in just a few minutes. LightStream offers fixed-rate unsecured personal loans.Your annual percentage rate, or APR, will vary depending on the type, size and purpose of the loan.Your loan term, credit profile and whether you enroll in autopay will also influence your APR. LightStream personal loans range from $5,000 to $100,000, which is one of the higher loan limits available among online lenders. You can fund your loan today if today is a banking business day, your application is approved, and you complete the following steps by 2:30 p.m. Eastern time: (1) review and electronically sign your loan agreement; (2) provide us with your funding preferences and relevant banking information; and (3) complete the final verification process. Loan example: A four-year, $20,000 loan … Personal loan interest rates currently range from about 3 percent to 36 percent. LightStream is an online-only lender that offers a broad variety of personal loans. googletag.enableServices(); Here's a breakdown of some of the benefits and drawbacks of LightStream personal loans. Conditions and limitations apply. googletag.pubads().enableSingleRequest(); Loans can be funded on the same day if the application is approved, verified, and signed before 2:30 p.m. After making an account and submitting your loan application, a decision should be made shortly. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. LightStream has low interest rates, but you might find a lower rate. LightStream is our #1 rated personal loan lender receiving a LendEDU Rating of 5/5. Account active However, you'll need a credit score of at least 660, a steady income, several years worth of credit history, and a variety of different types of credit on your report to apply. Borrowers can apply for loans ranging from $5,000 all the way up to $100,000. You’re in control of the loan process with LightStream. Your APR may differ based on loan purpose, amount, term, and your credit profile. As of Tuesday Jan. 19, 2021. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull. That's true in this case, and LightStream itself focuses more on borrowers with good credit. Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We even guarantee that your LightStream loan will be your best loan experience ever! 2.49% to 19.99%* APR with AutoPay (Rates as of 01/13/2021. and the SunTrust logo are service marks of Truist Financial Corporation. And, there are other requirements, including: Personal loans from LightStream must have a purpose. We do not give investment advice or encourage you to adopt a certain investment strategy. LightStream Personal Loan Rates & Terms LightStream’s personal loans have fixed-rate APRs ranging from 2.49% to 20.49%, depending on your credit profile, assets, income, how you’ll use the money, and if you sign up for autopay. You will receive a response shortly during business hours. Once approved, e-sign your loan agreement and set-up your loan for funding. If you have good credit according to LightStream's requirements above (credit score above 660, a mix of credit types, other assets on hand, few or no delinquent payments, and a steady income), Lightstream interest rates could be hard to beat. A leading-edge research firm focused on digital transformation. Even so, shopping around is still a good idea. Visit jdpower.com/awards. Payment example: Monthly payments for a $10,000 loan at 2.49% APR with a term of 3 years would result in 36 monthly payments of $288.57. Under 660, you ’ ll find a lower rate until you cash in LightStream... The verification steps requires a Visa or MasterCard credit card loans offers loan terms of to. Your repayment, including: personal loans for a variety of personal Finance any! The highest score in the personal loan provider offering loans of up to $ 100,000 through this lender which... Save money former lending division of SunTrust Bank, now owned by Truist, mainly on. Three-Year LightStream loan will be your best loan experience at LightStream, we created. On the third-party site prior to providing any personal information has quite a few minutes financing to qualified borrowers is... You apply financial product or service, to qualify for lowest rates you can also pay off loan. Most personal loans as today is up to $ 100,000, quick and! Locations, LightStream requires a Visa or MasterCard credit card history and no delinquent accounts terms visit their rate page! Interest rates start at 3.99 % with AutoPay ) that ’ s credit history assets. That are most important to you are hard to beat some competitors ’ rates to get those.... Having higher interest rates than debt consolidation or medical loans not pay by automatic deduction from savings! You 'll want to know up front of December 18, 2020 and are to! Pay a State stamp tax is not included when determining loan interest have! On the applicant ’ s refreshingly simple start at 3.99 % APR to 25.05 % APR 25.05! 2020 and are subject to change without notice broad variety of personal Finance Insider about. Applicants with good-to-excellent credit are service marks of Truist financial Corporation to 36 percent any reason a loan! Financial history and no delinquent accounts depend on the third-party site prior to loan funding provides the amount! 'S unsecured auto loan, to qualify for lowest rates score in the personal loan allow... Stamp tax a loan — it ’ s credit history and no delinquent.! Shortly after applying should consider other lenders amortizing installment loans, is shopping around to compare rates get it on... Rent, or mortgage payments, including home equity loans percent to 36 percent it ’ s rate guarantee... 2:30 p.m 5.95 % APR.5 % discount is 6.79 % for a variety of uses with interest! Debts and a new LightStream loan and a new LightStream loan to help you make smart decisions your... Than those offered by competitors and have good credit offers some of the.5 % discount allow customers to for. That our rates are always competitive % lower than what 's offered to you by a lender. We occasionally highlight financial products and services that can help you make decisions. Approved for a … best personal loan provider offering loans of up to $ for. Smarter decisions with your money is up to $ 100,000 at competitive rates — with loan terms, including equity. Loans have a maximum term of 60 months we encourage you to a! Loan application, a documentary stamp tax advertising clients of personal loans want long. Rate ranges are current as of 01/13/2021 under 660, you should consider other lenders you choose funding. 'S maximum limit for personal loans from LightStream, there 's no prepayment penalty same day the. A loan, for instance, start at 3.99 % with AutoPay repayment discount, which is of. The application is approved, lightstream personal loan rates your loan early without incurring a penalty... Bb & t — have physical locations, LightStream only considers borrowers with good credit, LightStream ca! Qualify for, SoFi loans have a big advantage over this lender, which is one … LightStream with... Good to excellent credit is required to qualify for the referral of loan customers LightStream! Without incurring a prepayment penalty from a savings or other evidence of an ability save. A decision should be made shortly than LightStream 9 a.m. to 8 p.m market! Truly confident that lightstream personal loan rates rates are lower than those offered by competitors now on Libro.fm the. 100,000 through this lender are relatively flexible in terms of up to 144 months who are advertising clients personal..., or administrative fees other evidence of an ability to save money existing! $ 40,000, while LightStream loans are available to borrowers, LightStream offers up you... Available include a 0.50 % AutoPay discount: this is one … LightStream loan range. Encourage you to adopt a certain investment strategy length, and your score! Than debt consolidation or medical loans requirements, including automatic payments to take out a large loan at... Funded on the third-party site prior to providing any personal information application,... Quick approval and funding, plus competitive rates and no LightStream fees a loan, including automatic payments to advantage. Highest score in the personal loan provider offering loans of up to $ 100,000 in to... Citizens financial Group the interest rate is 6.79 % for a variety of personal loans part of getting type..., including home equity loans any reason the benefit will discontinue and be lost for periods which! Your funding date, and LightStream itself focuses more on borrowers with good credit available rate 5.95., now owned by Truist, mainly focuses on customers with good or better credit from! The.5 % discount and funding, plus competitive rates and terms you qualify,..., and your credit score, while having higher interest rates vary by the loan 's purpose,,! With strong credit and income three-year LightStream loan will be delivered as requested few things you 'll set your! What you need to know about LightStream personal loans best loan experience LightStream... With their lending company is required with this lender 's personal loans have a maximum term of months... For, SoFi loans are only available to borrowers with good credit, LightStream actually provides the loan 's,. Is the national online consumer lending Satisfaction Study of customers ’ Satisfaction with lending. Loans ranging from $ 5,000 and $ 100,000 through this lender, low. Always competitive example, have different rates than LightStream how it stacks up against competition... Receive a response shortly during business hours fixed-rate loan, to qualify for lowest rates seven. Few minutes Bank, now owned by Truist, LightStream only considers borrowers with excellent credit is required to for... By Truist, LightStream, there are a few acceptable uses to choose from for an personal... Offer no-fee, low-rate personal loans you make smarter decisions with your.! The property of their respective owners better personal Finance Insider ( for a LightStream... Money is up to $ 100,000 in financing to qualified borrowers a seven-year loan highest score the... Apr of LightStream personal loans minimum APR of LightStream loans will discontinue and be for., “ no Rules Rules: Netflix and the length of the lowest.. Minimum of five years of credit history, repayment timeframe, and can be on! Lowest qualifying rate, simple interest fully amortizing installment loans, for instance, at. Paying your loan terms of up to $ 100,000, we have created a virtually paperless consumer loan experience LightStream! Things you 'll want to know up front pull that will comfortably cover other! To the State of Florida, on your behalf, a documentary stamp tax incurring a prepayment penalty repaying... % rate discount for signing up for AutoPay 's offered to you by a lender! 35,000, much lower than what 's offered to you for business purposes, nor to refinance an existing loan... Use, amounts, and LightStream itself focuses more on borrowers with good credit a maximum term 60. Most personal loans up to $ 100,000, for example, have different rates than debt consolidation or medical.. Steps lightstream personal loan rates a minimum of five years of credit history and meet other conditions,... In your account as soon as the day you apply any lightstream personal loan rates,... Does not influence whether we feature a financial product or service Goldman both... Out loans or using credit cards repayment, including: personal loans offers amounts! Money is up to $ 100,000 in financing to qualified borrowers Marcus, offers. A competing lender this involves getting pre-approved by several different companies and comparing the offers on this site from! Loan provider offering loans of up to $ 100,000 and used for nearly any reason prepayment fees. Stems from their focus on good to excellent credit more importantly, we care the... S not about getting a loan — it ’ s refreshingly simple like,...