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LightStream Personal Loan Review

Loan Amount: $5,000 - $100,000
Minimum Credit Score: 660
APRs From: 3.49% - 19.99%
Funding Speed: As soon as same day

Features of LightStream Personal Loans


  • Low rates
  • No fees
  • Fast approval and funding


  • High minimum loan amounts
  • Requires a long credit history

About LightStream Personal Loans

LightStream offers a personal loan with a high borrowing amount and low rates. LightStream charges no fees on its personal loans and is even willing to beat competitors’ rates by 0.1 percent (with some restrictions). Plus, it offers to send you $100 if you’re unsatisfied with the loan process. If you have a strong credit history and plenty of assets, this lender could be a good fit. LightStream is the online lending division of Trust (formerly SunTrust Bank).

LightStream Personal Loan Snapshot

Loan Amount:

$5,000 - $100,000


3.49% to 19.99%

Minimum Credit Score:


Time to Funding:

As soon as same day

Pros and cons of LightStream Personal Loans

Before signing up for a loan with LightStream, take a look at this breakdown of some of its benefits and drawbacks.


Low rates: LightStream's rates start at just 3.49 percent. To qualify for the lowest rate, you’ll need to enroll in autopayments to receive a 0.5 percent discount. Your APR will differ based on the loan purpose, amount, term length and your credit.

No fees: LightStream doesn’t charge any fees on its loans.

Fast approval and funding: Approved borrowers can be approved and receive their funds as soon as the same day.


Minimum loan amount is a bit high: The minimum personal loan amount available with LightStream is $5,000.

Requires a long credit history: LightStream customers will typically have several years of credit history across different account types under their belt. These types of credit include major credit cards, auto loans and home mortgages.

Loan Terms

The typical LightStream customer has a minimum FICO score of 660. The lender also considers your:

  • Credit score and credit history.
  • Requested loan amount.
  • Requested loan purpose.
  • Repayment term (two to 12 years, depending on the loan purpose).
  • Available assets.
  • Payment record on all loans and credit cards.

Fees and penalties

LightStream charges no origination fees, prepayment penalties or late fees.

How to get a Personal Loan with LightStream

The following is what is needed when applying:

  • Loan amount, purpose and desired terms.
  • Your payment method.
  • Personal info (address, phone number, email address and SS number).
  • Employment information.
  • Current monthly housing obligations.

Once you’ve submitted the loan application, LightStream will review it, conduct a hard credit pull and email you with the status of your application. If approved, you can sign your loan agreement and set up your funding date and payment information online.

Once approved, the lender will disburse funds to your account. That can happen as soon as the day you apply, as long as your application is verified and approved before 2:30 p.m. Eastern on a business day.

Customer service representatives are available Monday through Friday from 9 a.m. to 8 p.m. and Saturday from noon to 7 p.m. LightStream’s website doesn’t provide a phone number, but you can email your questions and a representative will respond during business hours.