LightStream, a division of Truist, offers unsecured personal loans with competitive fixed rates and zero fees. APRs range from 6.24% to 24.89%, with loan amounts available between $5,000 and $100,000. Borrowers with good to excellent credit can benefit from same-day funding and flexible terms, making this a strong choice for debt consolidation, home improvement, or large expenses.

How to Apply for a LightStream Loan

• Complete an online application in minutes
• Receive an instant decision during working hours
• Electronically sign your loan agreement
• Schedule funds to be disbursed the same day or at your convenience
• Manage your loan via a secure online account

What Makes LightStream Stand Out

One major advantage is the absence of origination, prepayment, or late fees, keeping borrowing costs transparent. The Rate Beat Program adds value, as LightStream will beat any competitor’s rate by 0.10 percentage points if you qualify.

Quick access to funds—sometimes within the same business day—is a key benefit, especially for urgent financial needs or time-sensitive purchases.

Potential Drawbacks

LightStream’s minimum credit standards are strict; only borrowers with good to excellent credit will likely qualify. This might limit options for those with less established or lower credit scores.

Also, funds can only be used for specific personal purposes—not for refinancing existing LightStream loans, business needs, or higher education.

Our Verdict: A Strong Choice for Qualified Borrowers

LightStream personal loans are a top option for those with strong credit seeking sizeable amounts at low rates. The no-fee structure and fast funding are major perks, though eligibility is limited to creditworthy applicants.