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LightStream personal loans review

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Borrowers with excellent credit may qualify for loans up to $100,000 at competitive rates.

finder.com’s rating: 4.9 / 5.0


  • Best for borrowers looking for high amounts and long terms.
  • Pick something else if you don’t have good to excellent credit.


Max. Loan Amount



Good to excellent credit

Min. Credit Score


Product NameLightStream Personal Loans
Min. Loan Amount$5,000
Max. Loan Amount$100,000
Interest Rate TypeFixed
Min. Credit ScoreGood to excellent credit
Minimum Loan Term2 years
Maximum Loan Term7 years
Turnaround TimeVaries
Go to Lightstream's website

Expert review

Anna Serio

Review by

Anna Serio is a staff writer untangling everything you need to know about personal loans, including student, car and business loans. She spent five years living in Beirut, where she was a news editor for The Daily Star and hung out with a lot of cats. She loves to eat, travel and save money.

Expert review

Lightstream is ideal if you’re looking to take out a large loan, want a long loan term or need funds fast. It offers personal loans up to $100,000 at competitive rates — with loan terms as long as seven years. You also might be able to get your funds the same day you apply if you meet specific criteria.†

But you need to have good to excellent credit to qualify. And if you’re looking to borrow less than $5,000, you’ll have to look elsewhere. Lightstream also doesn’t have a customer service phone number listed on its website, meaning you’ll have to reach out via an online form with any questions you might have.

Not sure Lightstream is for you? Compare your other options below.

First, am I eligible?

To qualify for a loan from LightStream, you need to meet a few basic criteria:

  • Good to excellent credit.
  • Sufficient income and assets to support your existing debt obligations and requested loan amount.
  • An American citizen or permanent resident of the US.
  • At least 18 years old.


  • May receive funds on the same day you apply
  • Competitive rates
  • Borrow up to $100,000
  • Get $100 if you’re not completely satisfied with your borrowing experience§
  • Rate Beat Program beats competitor rates by 0.1%


  • High minimum loan amount
  • Tough credit requirements
  • No customer service line listed on website

What’s LightStream’s Rate Beat Program?

The Rate Beat Program offered by LightStream ensures that you get the most competitive APR. LightStream will beat any other lender’s APR by 0.1%, provided the other lender’s APR meets certain terms and conditions.

Go to Lightstream's site

Compare other personal loan providers

Updated January 25th, 2020
Name Product Filter Values APR Min. Credit Score Max. Loan Amount
Credible Personal Loans
3.99% to 35.99%
Fair to excellent credit
Get personalized rates in minutes and then choose an offer from a selection of top online lenders.
Fiona Personal Loans
3.84% to 35.99%
Good to excellent credit
Get loan offers from multiple lenders at once without affecting your credit score.
Upgrade Personal Loans*
6.98% to 35.89%
Affordable loans with two simple repayment terms and no prepayment penalties.
Even Financial Personal Loans
3.84% to 35.99%
Get connected to competitive loan offers instantly from top online consumer lenders.
NetCredit Personal Loans
34% to 155% (Varies by state)
No minimum
Check eligibility in minutes and get a personalized quote without affecting your credit score.
Monevo Personal Loans
3.99% to 35.99%
Quickly compare multiple online lenders with competitive rates depending on your credit.
PenFed Credit Union Personal Loans
6.49% to 17.99%
With over 80 years of lending experience, this credit union offers personal loans for a variety of expenses.
LendingClub Personal Loan
6.95% to 35.89%
A peer-to-peer lender offering fair rates based on your credit score.
SoFi Personal Loan Fixed Rate (with Autopay)
5.99% to 20.01%
A highly-rated lender with competitive rates, high loan amounts and no fees.

Compare up to 4 providers

What do customers have to say about Lightstream?

BBB accreditedNo
BBB ratingNot rated
BBB customer reviews2 out of 5 stars, based on 19 customer reviews
Trustpilot score3.8 out of 5, based on 2 customer reviews
Customer reviews verified as of12 December 2019

Despite being around for almost a decade, Lightstream doesn’t have very many customer reviews on its Better Business Bureau (BBB) or Trustpilot pages. Those that are positive praise the lender for its fast turnaround, competitive rates and hassle-free process. A lot of the negative reviews seem to be spam, though there are a few that appear legit. A few people complained about getting denied for a loan — even with good to excellent credit and minimal debts. Others had issues with rude or unhelpful customer service representatives.

How do I apply?

LightStream has a simple application that should only take a few minutes to complete.

  1. Click the Go to Site button to view LightStream’s application.
  2. Select whether you are apply individually or jointly, then select your loan purpose and enter your zip code, loan amount, desired term and preferred payment method.
  3. Enter information about yourself, your employment and your annual income.
  4. Create a LightStream account.
  5. Review your application, read LightStream’s disclosures, and click Submit.

What information do I need to apply?

Applying requires that you provide some personal information, which includes the following:

  • Social Security number
  • Last four digits of your driver’s license number
  • Annual income

What happens after I apply?

LightStream will email you shortly after you apply with an approval decision. Depending on when you apply and what other documents are needed, you may be able to receive your loan funds the same day you apply.†

How do repayments work with LightStream?

LightStream allows you to pick your repayment method when you apply. If you choose automatic payments, you may receive a 0.50% APR discount — but it’s only available if you select autopay during the application process.

Alternatively, you can receive an invoice each month and pay manually online. For borrowers who choose to pay by invoice, you must pay at least two days before your due date for it to be processed on time.

Not sold on Lightstream? Find out how it compares to other lenders or read our guide to personal loans to find the best deal available to you.

Important information

* Your APR may differ based on loan purpose, amount, term, and your credit profile. Rate is quoted with AutoPay discount, which is only available when you select AutoPay prior to loan funding. Rates under the invoicing option are 0.50% higher. Subject to credit approval. Conditions and limitations apply. Advertised rates and terms are subject to change without notice. Payment example: Monthly payments for a $10,000 loan at 5.99% APR with a term of 3 years would result in 36 monthly payments of $304.17.

You can fund your loan today if today is a banking business day, your application is approved, and you complete the following steps by 2:30 p.m. Eastern time: (1) review and electronically sign your loan agreement; (2) provide us with your funding preferences and relevant banking information; and (3) complete the final verification process.

§ After receiving your loan from LightStream, if you are not completely satisfied with your experience, please contact them. They will email you a questionnaire so they can improve their services. When they receive your completed questionnaire, they will send you $100. LightStream’s guarantee expires 30 days after you receive your loan.

LightStream reserves the right to change or discontinue their guarantee at any time. Limited to one $100 payment per funded loan. LightStream and SunTrust teammates do not qualify for the Loan Experience Guarantee.

Personal loan ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top personal loan providers and rate them one to five stars based on factors that are most important to you. These factors include: rates and fees, customer reviews, loan amounts, loan processing and borrower experience.

Read the full methodology of how we rate personal loan providers.

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  1. Default Gravatar
    April 10, 2017

    Need loan for a Ve hike $27,000

    • Avatarfinder Customer Care
      July 9, 2017

      Hi Nadia,

      Thank you for your inquiry.

      With LightStream Personal Loans you can apply for this loan as long as you can meet the following requirements.
      – You are at least 18 years old
      – You are an American citizen or a permanent resident of the US
      – You have good or excellent credit rating
      – Your income and assets can support your existing debt obligations as well as the desired loan amount

      I hope this information has helped.


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