A LightStream auto loan offers few restrictions and low rates starting at 2.49% for customers with strong credit scores (660+). All of LightStream’s auto loans are unsecured, which means more flexibility for borrowers. … If you’re not satisfied with the experience, LightStream may pay you $100.
Correspondingly, are LightStream loans legitimate?
Is LightStream legit? LightStream is a reputable online lender that offers competitive interest rates and an easy application process. While it doesn’t disclose credit requirements, many employed borrowers with good credit scores have a chance of approval.
Keeping this in consideration, can you negotiate with LightStream?
LightStream deposits the money directly into your bank account, so you can make an offer on a car as a “cash” buyer. This means you may have the opportunity to negotiate for a better purchase price.
Do banks verify income for auto loans?
Yes, they do. Auto lenders use various steps to verify an applicant’s income before approving a loan, and they do this for protection. If you want to get an auto loan to buy a new car, your lender will likely ask you to prove that you have a job and income.
Which credit agency do you use to get my credit score? LightStream pulls a hard inquiry from TransUnion or Equifax.
LightStream is best for borrowers who:
Have good or excellent credit (690 FICO or higher) and several years of credit history.