How does LightStream work?

LightStream is an online consumer lending division of SunTrust Bank that offers hassle-free loan solutions. LightStream simplifies the borrowing process through a straightforward and entirely online application system. To apply, customers need to complete an online form, providing personal details, loan amount, term, and purpose. LightStream performs a credit evaluation and if approved, borrowers can choose their funding date, typically receiving the funds within one business day of approval. The loans provided by LightStream are unsecured, meaning no collateral is required. Additionally, LightStream offers various loan options including auto, home improvement, medical, adoption, and more. With competitive fixed rates and no fees, LightStream aims to offer a seamless lending experience to its customers.