Taking out loans seems difficult, but it doesn’t have to be that way. All you have to do is find the right company for you, because any unpleasant experience you have with a company can affect you a lot. That’s why Lightstream Personal Loan is so famous, this company has high standards, so not everyone will be able to do it, which makes it safer and more reliable.

Now you want to check out in peace, sit back and just wait for it to arrive, but you have a problem: you need more money. A super common situation, that’s why there are companies like Lightstream Personal Loan, to help you make your dreams come true. Continue reading our article below to learn more.

Now, let’s really start our review of Lightstream Personal Loan company so that you can go on your journey without any doubts or issues caused by some unknown point.

Lightstream Personal Loan offers a vast number of advantages, the first one we will tell you about is that, when taking out the loan, you will not pay any extra fees! What does that mean? You think, well, that means you won’t have to pay any extra money to the company when you get your loan.

Another advantage is the fee discount for automatic payments. Well, automatic payments are when the bank withdraws the agreed monthly loan payment directly from your account. In certain cases, high fees may be charged when withdrawing money. For this reason, Lightstream Personal Loan offers a discount if you decide to pay automatically.

If you are renovating your house, or even the house of a friend/relative, you will really appreciate this benefit, because with it, your life will be much easier. Lightstream Personal Loan accepts longer repayment terms on home improvement loans. This is great, as these are usually the most expensive loans that people apply for, so paying everything off in a normal time frame is not very pleasant. Therefore, the company extends the deadlines in these cases so that you can pay everything without worrying too much.

A very interesting quality that Lightstream Personal Loan has is the rate beat program. This program can be used with anyone and is as follows: The Lightstream Personal Loan will beat a competitor’s interest rate by 0.1% for applicants who can demonstrate that they have been approved by that competitor for a regular fixed rate loan of the same amount term, purpose, and method of payment.

As with everything, the Lightstream Personal Loan also has disadvantages, one of which is the inability to pre-qualify on the website, you can only qualify through the flexible credit check or through NerdWallet.

Another disadvantage is that it is very difficult to qualify for a loan with Lightstream Personal Loan, as it requires several years of credit history, and if you are someone relatively young, you will not have that experience available.

The last downside is that you will not be able to make any direct payments to creditors with debt consolidation loans. What does that mean? Well, it means that instead of paying directly, you should allocate your loan funds to pay creditors yourself.

To take out a loan with Lightstream Personal Loan you must have a minimum credit of 660, a strong credit and purchase history, different accounts in your credit history and enough income to pay off debts you have and a loan from Lightstream Personal Loan.

Did you like the company? So don’t forget to continue reading the article to find out more about the quality it can bring you. Click on the link below to go to the next page and find out how you can apply for a loan with Lightstream Personal Loan.