LightStream

Lender Summary

LightStream is the nation’s premier online consumer lender, offering low-interest, fixed-rate loans to borrowers with good credit. Our loan amounts range from $5,000 - $100,000, and we take pride in providing a simple online process with zero fees. With LightStream, you’re in control – you can walk into the dealership as a cash buyer, or fund that classic car you’ve been dreaming about.

What they're saying

Ratings & Reviews
347 Reviews
  • Interest Rates
    Good
  • Fees & Closing Costs
    Good
  • Responsiveness
    Good
  • Customer Service
    Good

Review Breakdown

DECLINED AFTER A`PPROVED

WAS APPROVED AND AFTER I FILLED OUT THE APP I WAS DECLINED

  • LendingTree Customer:

    Yes

surprised at denial

checked credit this am with Experian, 776 score. income good and very stable, no credit card debt. wanted a 38k loan for 4 years. 3 other offers at same interest rate approved with little to no stipulations. got email back from lightstream declining it... Had 40k loan with Suntrust (same company) for wife's car over a 5 year term and we paid it off earlier this year and only 2 years into the loan. scratching my head, doesn't make sense. Not trying to be on a pedestal, but with a good credit score and no car, credit card, medical or student loan debt and they decline me, who are they going to loan to?

  • LendingTree Customer:

    Yes

Quick, pleasant service!

After reviewing different companies and options for a used auto loan, I found the rates with Lightstream to be the most competative. On top of that, the unsecured loan option was impossible to beat. I applied, was requested to send a paystub the next day, called the following business day for identification verification and was approved 20 minutes later. The loan amount was deposited into my account the next day and everything was good to go! I am exceptionally pleased with Lightstream and their customer service. I emailed them with a question and they responded promptly. I don't know what the issue was with other applicants and why they weren't approved, but I found my experience to be quick and simple (the best kind). I will say that I have a credit rating over 800 and a handful of liquid assests and from what I read, that's what they are looking for in a customer so I'm sure that helped. Good luck!

  • LendingTree Customer:

    Yes
×

Thank you for sharing your experience

Here are a few tips for writing a top-notch review for a company in our marketplace:

Do
Don't

LendingTree Certification:

The LendingTree Certification Program recognizes Lenders and Loan Officers with outstanding performance on the LendingTree Network, they are committed to providing exceptional customer service and are graduates of LendingTree University.

LendingTree Certification:

  • Certified Lender
    Certified Lenders have demonstrated their organizational commitment to employee development, at least 50% of their loan professionals have been certified while also providing exemplary service to LendingTree consumers.

Loan Officer Certifications:

  • Gold Leaf
    Gold Leaf is the cornerstone of the loan officer certification program and is designed to recognize loan officers committed to their own professional development while adhering to LendingTree best practices. Gold Leaf recipients know the fundamentals of LendingTree and online lending, they are equipped with the necessary skills to be best-in-class loan professionals.
  • Certified President's Club
    President’s Club is presented to an elite group of loan officers based on success levels in several areas including adherence to LendingTree best practices, commitment to professional development and dedication to customer excellence. Recipients have also met all Gold Leaf criteria.

LightStream

Let's answer a few short questions and see what offers LightStream and other lenders may have for you.