Explore a similar product
Try this top product in Auto Loans.
| Community Rating | Mostly not recommended |
| Credit Score Range | 660 - 850 |
| Loan Amount | $5,000 - $100,000 |
| APR (Fixed APR) | 2.99% - 11.89% |
| Loan Term (Months) | 24 - 144 months |
| Number of Reviews | 21 |
LightStream New Car Loans Review
LightStream New Car Loans is offered by SunTrust Bank, a bank founded in 1865 and based in Atlanta, GA. LightStream New Car Loans is available in 50 states (and Washington, DC).
How much can you borrow via LightStream auto loan?
LightStream auto loan loan amounts start at $5,000 and go up to $100,000.
What APR does LightStream auto loan offer on its car loans?
LightStream auto loan offers a fixed apr car loan product that ranges from 2.99% APR up to 11.89% APR. Rate is quoted with autopay discount*.
Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.
What is the maximum auto loan term you can get with LightStream auto loan?
LightStream auto loan has car loans with terms ranging from 24 to 144 months. Having the option of longer terms -- terms can range up to 144 months -- allows borrowers to take on larger auto loan amounts while keeping monthly payments more affordable. However, the longer the term of your auto loan, the more interest you will pay.
Does LightStream auto loan charge an origination fee?
No, LightStream auto loan does not charge a loan origination fee.
An auto loan origination fee is what some lenders charge for processing an auto loan application and funding an auto loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.Does LightStream auto loan charge a late fee?
No, LightStream auto loan will not charge you a late fee.
Does LightStream auto loan charge prepayment fees?
No, LightStream auto loan will not charge you a fee for paying your loan early. Whenever possible choose lenders like LightStream auto loan that don't charge a prepayment fee. These fees can reduce or even cancel the interest savings of repaying a loan early.
Can I pay off early my LightStream auto loan loan?
Yes, you can. LightStream auto loan does not charge a prepayment fee, so you can save money by paying your car loan early.
What do you need to qualify for LightStream New Car Loans?
Applicants with a credit score of at least 660 and up to 850 may be eligible for LightStream New Car Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.To qualify for auto loans with LightStream New Car Loans, applicants need a minimum annual income of $50,000 or higher. LightStream New Car Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.
The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via LightStream New Car Loans. Their rates fall within the limits of The Military Lending Act.
U.S. citizens are, of course, eligible for the services offered by LightStream New Car Loans. Permanent resident / green card holders are also eligible to apply.
To qualify, applicants may need to provide the following documentation:
- Applicants must have an active and valid personal checking account
- Recent pay stubs
- Proof of income
- Driver's license
- Proof of citizenship or residence permit
What is the estimated funding time for a car loan via LightStream auto loan?
LightStream auto loan will typically approve (or deny) a car loan application within 24 hours and fund the car loan within 30 business days of approval.Does LightStream New Car Loans report your account activity to credit bureaus?
Yes, LightStream New Car Loans reports your account activity to the following credit reporting agencies:
- Equifax
- Experian
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.
Message From LightStream New Car Loans
Message From Our Editor
Contact
- Headquarters
-
303 Peachtree Street, Northeast
Atlanta, GA 30308 - Visit Site
- Email Support
Other Services by SunTrust Bank
Availability
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- Washington, DC
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Feature Breakdown
| Application Fee | $0 |
| No Origination Fee | |
| No Prepayment Fee | |
| No Late Fees |
LightStream New Car Loans Community Reviews
Would you recommend LightStream New Car Loans to your friends?
Other Auto Loans
- Auto Approve Auto Loan
- Automotive Credit
- Century Bank of Massachusetts Auto Loans
- Community First Credit Union Recreational Vehicle Loans
- Drive Time Auto Loans
- FB&T Auto Loan
- First Security Bank Vehicle Loans
- MEMBERS1st Community Credit Union Motorcycles
- Mariner Finance Car Loans
- Members First Credit Union Utah Auto Loans
- Members First Credit Union Utah Recreational Vehicle Loans
- myAutoloan Car Loan
