LightStream Debt Consolidation Loans Review


Rating: 9 / 10 (Excellent)
Disclosure: We receive advertising revenue from this partner. Learn more.
How is LightStream rated?
9/10
Company Profile
9/10
Loan Basics
8/10
Additional Fees
9/10
Qualification
9/10
Application
10/10
Services and Features
10/10
Customer Support

LightStream is a national online consumer lending division of SunTrust Bank Inc. that offers a wide variety of financial services. Their debt consolidation loan allows consumers to get between $5,000 and $100,000 with loan term options from 24 to 84 months. Consumers’ satisfaction is guaranteed with LightStream’s $100 Loan Experience Guarantee* which is included on all their services.

Company Profile

BBB Rating

A+

TrustPilot

N/A

CreditKarma

4.7

Participating States

Continental US

Loan Matching Service

Direct Lenders

AFCC

IAPDA

FDIC Insure Trust Account

FTC Compliant

Loan Basics

Minimum Loan Amount

$5,000

Maximum Loan Amount

$100,000

Loan Terms

24 to 84 months

APR

5.49% - 16.34% (with Autopay)

Interest Rate

Not Stated

Origination Fee

None

Late Payment Fee

None

Additional Fees

Upfront Fees

None

Consultation Fees

None

Fees and Charges

N/A

Prepayment Penalty

None

Qualifying

Proof of Income

Credit History

Financial Stability

Equity

Minimum Credit Score

680

Application

Online Application

Response Time

Within 24 hours

Direct Deposit

18+ Years of Age

US Citizen or Permanent Resident

Social Security Number

Home Address

Email Address

Checking Account

Customer Support

Email

Phone

Loan Consultants

 

Payment example:

Monthly payments for a $10,000 loan at 5.99% APR with a term of 3 years would result in 36 monthly payments of $304.17.

Summary

LightStream offers is a good source for debt consolidation loans with its wide variety of financial service offers. The direct lender also provides same-day funding** of up to $100,000 in loans which makes them one of the quickest sources of loans in the market today. LightStream also backs their service with $100 Loan Experience Guarantee* to ensure satisfaction among their customers.

 

* After receiving your loan from us, if you are not completely satisfied with your experience, please contact us. We will email you a questionnaire so we can improve our services. When we receive your completed questionnaire, we will send you $100. Our guarantee expires 30 days after you receive your loan. We reserve the right to change or discontinue our guarantee at any time. Limited to one $100 payment per funded loan. LightStream and SunTrust teammates do not qualify for the Loan Experience Guarantee.

** 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.

Start your review for LightStream Debt Consolidation Loans