|High Amount, Low Interest!|
Term: 3-6 months
Interest: 2% / month
Applicant Conditions: American resident (18-55 years old)
Application Information: 1.Last 3 month’s Salary 2.Driving License 3.Credit Card
Loan Product Introduction:
LightStream offers fixed-rate loans from $5,000 to $100,000 to borrowers with good to excellent credit history. It is a division of SunTrust Bank and is known for its low-interest rates and no fees. If you’ve got good credit, you may be able to secure a good interest rate with LightStream.
What types of loans do they offer?
LightStream offers borrowers a variety of loan options including the following.
Car loans and refinancing.Home improvement. Remodeling, outdoor landscaping, and swimming pools.Recreation. Boats, RVs, and timeshares.Family loans. Dental, medical, fertility treatments, and adoptions.Other loans. Aircraft, jewelry, debt consolidation.
There are a few types of loans they do not offer including mortgages, college loans, commercial loans, and the refinancing of LightStream loans.
What are the benefits?
A convenient online loan process.Their parent company, SunTrust Bank is rated A+ by the Better Business Bureau.They get excellent ratings in customer service and offer lenders a questionnaire to complete if they are not satisfied with their loan process.Competitive interest rates.No fees. There are no origination fees, no prepayment fees, and they don’t even charge for late fees.They offer a rate discount if you opt for auto-pay.Rate beat program. LightStream offers a program where they will beat a competitor’s interest rate on a fixed-rate loan by one-tenth of a percentage point.
Are there any disadvantages?
They only offer loans to borrowers with good to excellent credit history. And you must have a credit history of at least a few years to qualify.There are no prequalification options on their website.They do a hard pull on your credit if you apply through their website. A hard credit pull can temporarily lower your credit rating.
LightStream is an excellent choice if you have a good credit history. They have consistently positive reviews for their customer service and they offer competitive rates with discounts for autopay. There are no fees and their online application is convenient to complete. If you’re in need of a personal loan, and you’ve got the credit for it, you may want to check out LightStream.