Does LightStream give instant approval? This question is about LightStream

LightStream can approve your personal loan application the same day you apply as long as you provide all the required informations, but they don't give instant approval. If they need to verify any of your information, the approval process may take a little longer, but you can expect to get the funds within 1 business day after you’re approved and you accept the offer. Key Things to Know About LightStream Personal Loan Approval Minimum credit score: 660 Minimum income: Not disclosed Approval timeline: 1 business day Funding timeline: 1 business day after approval Age requirement: Legal age to accept a loan in your state (almost always 18) Citizenship requirement: U.S. citizen or permanent resident Residency requirement: All states For more information, check out the full LightStream personal loan review on WalletHub. Then, you can estimate your potential rates with our free pre-qualification tool.

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Does LightStream give instant approval?

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This question is about LightStream

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Grace Enfield, Content Writer

@grace_enfield • 02/14/23 This answer was first published on 08/18/22 and it was last updated on 02/14/23.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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LightStream can approve your personal loan application the same day you apply as long as you provide all the required informations, but they don't give instant approval. If they need to verify any of your information, the approval process may take a little longer, but you can expect to get the funds within 1 business day after you’re approved and you accept the offer.

Key Things to Know About LightStream Personal Loan Approval

Minimum credit score: 660
Minimum income: Not disclosed
Approval timeline: 1 business day
Funding timeline: 1 business day after approval
Age requirement: Legal age to accept a loan in your state (almost always 18)
Citizenship requirement: U.S. citizen or permanent resident
Residency requirement: All states

For more information, check out the full LightStream personal loan review on WalletHub. Then, you can estimate your potential rates with our free pre-qualification tool.

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How long does it take to get approved by LightStream?

LightStream may approve you the same day you apply or within 1 business day. After your application is approved and you accept the offer, it takes 1 business day to receive your funds, which LightStream will send to you by electronic bank transfer.

Key Things to Know About LightStream Loan Approval... read full answer

Minimum Credit Score: 660+

Approval Timeline: 1 business day

Funding Timeline: 1 business day

Fund Delivery Method: Electronic bank transfer

Loan Amount: $500 - $4,000

APR: 5.99% - 24.49%

Repayment Period: 24 - 84 months

Origination Fee: $0

If you think a LightStream loan is right for you, check out the full LightStream personal loan review on WalletHub. You can also estimate your potential rates with our free pre-qualification tool.

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What are my LightStream approval odds?

Your LightStream approval odds are good if you have a low debt-to-income ratio and meet LightStream’s requirements to get a loan. Some requirements include being at least 18 years old, having enough income to make monthly payments and having a credit score of 660+. If you meet all the requirements, your approval odds are high, but approval is never guaranteed. ... read full answer

What You Need for Good LightStream Approval Odds

Credit Score Requirement: 660+

Age: 18+

Identification: Social Security number

Bank Account: Verifiable bank account

Residency: All states

Citizenship: U.S. citizen or permanent resident

Income: Not disclosed

Before applying for any personal loan, it’s a good idea to check to see if you pre-qualify in order to estimate your approval odds. You can use WalletHub’s free pre-qualification tool to check with multiple lenders at once.

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Does LightStream call your employer?

Yes, LightStream does call your employer after you provide their contact information and give permission for the call during the application process. LightStream will not disclose any information when they contact your employer, since they are just inquiring about your employment status.

For more information, check out the full LightStream personal loan review... read full answer on WalletHub. You can also estimate your potential rates with our free pre-qualification tool.

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