LightStream Review. LightStream has some of the best personal loans around, combining the ability to borrow large amounts for long periods of time with remarkably low interest rates, no fees and fast approval. Because of all these factors, LightStream earns a high score from WalletHub.
Likewise, what credit score is needed for a LightStream loan?
690
Also to know is, is SoFi or LightStream better?
In general, we recommend LightStream for borrowers who want two, four or six year loan terms or a vehicle/auto loan. On the other hand, SoFi is good for those borrowers who want to bundle financial products or want a personalized touch during the borrowing process.
Does LightStream hold your title?
The response from LightStream (division of Sun Trust Bank) had the best rate. … Important Reminder: Do NOT have LightStream listed as a lienholder on your vehicle title or loss payee on your insurance policy.
Are LightStream loans secured?
LightStream will offer a rate . … 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.
Does LightStream require income verification?
Application Process
You may be required to upload documents to verify your identity, employment and income. Once you submit your application, you should receive a quick response during business hours. If approved, you can login to sign the loan documentation and set a funding date.
What is considered excellent credit?
Generally speaking, a credit score is a three-digit number ranging from 300 to 850. … Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.
How do I contact LightStream loans by phone?
If you receive a suspicious call or if you believe your account security has been compromised, call us immediately at 800.447. 8994.
Is LightStream good for pool loans?
Finance your swimming pool, at a low rate.
When you have good credit, you deserve a low-interest, fixed-rate loan. You can be confident that’s what you’ll get with LightStream, because we back our low rates with our Rate Beat Program.
Is LightStream a real company?
LightStream is not rated by the Better Business Bureau. But its parent company, Truist, has an A+ rating. … LightStream offers a loan experience guarantee. If you’re not satisfied with your loan experience, you can contact the lender to receive a questionnaire about improving services.
Does a SoFi loan hurt your credit?
You may receive personalized rates from multiple lenders that partner with us, including SoFi. Pre-qualifying will not impact your credit.
Does LightStream accept co signers?
LightStream does not allow cosigners, but does offer joint applications. With a joint application, both applicants’ credit, income and other details are weighed equally during the approval process. … You are even allowed to split up payments so that you each pay a portion, according to LightStream representatives.