LightStream offers almost every kind of loan available, from auto loan finance and refinance options, to horse and aircraft loans with low fixed rates. They currently extend purchase, refinance, lease buyout, and private party purchase loans ranging from $5,000 to $100,000 for clients with good to excellent credit profiles. Their auto loan terms go from 24 to 84 months*. Loan rates vary depending on the purpose of the loan, the applicant's credit history, and whether the applicant elects AutoPay. Visit https://www.lightstream.com/auto-loans to find out what rates may be available to you.

To get approved for an unsecured auto loan with LightStream, applicants must be 18 years or older and have a good to excellent credit profile, meaning they must have several years of credit history, varied credit accounts, a good payment history, liquid assets or savings, and a stable income. Those who qualify, however, are able to obtain financing for the purchase of any type of car, regardless of make, model, age, or mileage.

LightStream delivers a hassle-free application and quick approval times, usually within 24 business hours. There are no application or prepayment fees and customers can obtain funding as soon as the same day if they meet certain deadlines, but must choose a funding date within 30 days. Unlike other online lenders, LightStream does not provide pre-approvals or applications over the phone, fax, or email. If you submit a request for a loan, LightStream will perform a hard credit pull, which may negatively affect your credit score. To qualify for auto refinancing, applicants must complete the company's online form and await a response. Once they have been contacted with an offer, they can proceed to accept the loan agreement, sign it upon approval, and set up their loan for funding.

Although LightStream has been the subject of a considerable number negative customer reviews and complaints, that's not entirely unusual in the lending industry, particularly for a company that offers as many loan products as LightStream does. Some of the negative reviews we read about LifeStream revolved around not getting approved for a loan. LightStream seems committed to providing a streamlined loan application process and excellent financing options, but the company does focus on lending to the most creditworthy customers.