At a Glance
Rates & Fees
Key Features
No lender origination or prepayment fees; state taxes may apply
Rate Beat may undercut a qualifying unsecured offer by 0.10 percentage points; matching terms and documentation deadlines apply
Terms depend on loan purpose, amount and credit profile
Pros & Cons
Pros
- Lowest APRs for excellent credit
- No origination, prepayment, or late fees
- Long terms available for large loans
Tradeoffs
- No pre-qualification with soft credit pull
- Requires good-to-excellent credit
- No direct creditor pay for debt consolidation
How to Apply
Check whether LightStream offers prequalification and whether it uses a soft or hard credit inquiry before submitting personal information. A full loan application may affect your credit score.
Compare the estimated APR, term, and monthly payment against at least one other lender before committing.
Gather proof of income, identification, and bank account details for the formal application.
Submit the full application directly on LightStream's site; approval typically requires a hard credit inquiry.
If approved, review the final loan agreement for the origination fee and funding time (same day possible) before signing.
How It Compares
Current product highlighted| Product | APR Range | Loan Amount | Origination Fee |
|---|---|---|---|
| LightStream Personal Loan | 7.24%–24.89% | $5,000–$100,000 | None |
| Citi Personal Loan | 9.99%–17.49% | $2,000–$30,000 | None |
| SoFi Personal Loan | 6.99%–35.49% | $5,000–$100,000 | None (optional fee for lower rate) |
| LendingClub Personal Loan | 5.96%–35.96% | $1,000–$75,000 | 0–8% |
Rates and terms shown are illustrative as of 2026 and vary based on creditworthiness, income, and loan amount — always confirm current terms directly with the lender.