Is LightStream safe?

LightStream home improvement loans are some of the best on the market, with loan amounts up to $100,000 and APRs of 4.99% to 13.79%. That’s extremely cheap, considering most lenders don’t have APRs below 6% and many have maximum APRs of 25%+. In order to qualify for a LightStream home improvement loan and take advantage of these low rates, you will need a credit score of at least 660, according to multiple sources.… read full answer

LightStream is one of the few lenders with different APR ranges for different types of loans. For example, LightStream debt consolidation loans have slightly higher rates than LightStream home improvement loans. That goes for other LightStream loans, too, as they have maximum APRs above 16%. So the home improvement loans are especially low-cost.

In addition to cheap rates, LightStream home improvement loans have no origination fees, prepayment fees or late fees. Plus, you can borrow anywhere from $5,000 to $100,000 for 24-144 months. LightStream even offers the possibility of funding the same day you apply, though that’s not guaranteed.

When you get a LightStream home improvement loan, you will receive a lump sum of money at the beginning. You can then use this money to pay for whatever materials and labor you need. You’ll be required to pay off the loan in equal monthly installments. But you can pay above what’s required and finish paying off the loan early with no penalty if you wish.

Yes, LightStream is a reputable lender because the company has an A+ rating from the Better Business Bureau and has been BBB-accredited since 2021. LightStream’s personal loans also have an overall rating of 4.4/5 from WalletHub’s editors.

Why LightStream Is a Reputable Lender

• The company has an A+ BBB rating.
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• It has been BBB-accredited since 2021.
• WalletHub’s editors gave the company’s personal loans an overall rating of 4.4/5.
• LightStream’s website and application are secure.
• The company clearly states product terms and requirements on its website.
• LightStream is a division of Truist Bank, which has been BBB-accredited since 1986 and sports an A+ BBB rating.

For more information, check out the full LightStream personal loan review on WalletHub.

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.