What documents does LightStream require?

What documents does LightStream require?

How to apply for a loan with LightStream

• Loan purpose, amount and term.
• Payment method.
• Personal information (including your address, phone number, email address and Social Security number)
• Employment information.
• Current monthly housing payments, such as rent or mortgages.

Does LightStream do a hard credit check?

Hard credit check: LightStream displays annual percentage rate ranges for each loan purpose on its website, but the lender does a hard pull on applications that originate on its website. However, the lender uses a soft credit check to pre-qualify applicants through NerdWallet.

Does LightStream hold your title?

The response from LightStream (division of Sun Trust Bank) had the best rate. Everything looked normal in the email, but at the bottom, in bold, there was this one section that seems odd. Important Reminder: Do NOT have LightStream listed as a lienholder on your vehicle title or loss payee on your insurance policy.

Are LightStream auto loans secured?

LightStream offers both secured and unsecured auto loans and an APR-besting program, “Rate Beat.”

Does LightStream accept co signers?

LightStream does not allow cosigners, but does offer joint applications. With a joint application, both applicants’ credit, income and other details are weighed equally during the approval process. And both people are held equally responsible for paying the loan back.

Will I get approved with a cosigner?

In some cases, a cosigner may also be able to compensate for your less-than-perfect credit. Overall, the cosigner is guaranteeing the lender that your mortgage payments will be paid. Of course, you shouldn’t use a cosigner to get approved if you don’t make enough income to pay the mortgage on time.

What credit score does a co signer need?

Although there might not be a required credit score, a cosigner typically will need credit in the very good or exceptional range—670 or better. A credit score in that range generally qualifies someone to be a cosigner, but each lender will have its own requirement.

Does LightStream have a phone number?

If you receive a suspicious call or if you believe your account security has been compromised, call us immediately at 800.447. 8994.

How do I cancel my LightStream subscription?

You may choose not to renew or to cancel by clicking on the “Cancel plan” link in the Subscription view under your account settings or by contacting customer support.

Can you have 2 LightStream loans?

For others, it could be multiple loans. Every time you apply for a loan, the lender will look at your credit history with a hard inquiry….Adam McCann, Financial Writer.

Lender	Personal Loan Limit
LendingClub	2
LightStream by SunTrust Bank	Up to $100k total
Marcus by Goldman Sachs	2
Prosper	2 (up to $40k total)

Is having two personal loans bad?

You can have more than one personal loan with some lenders or you can have multiple personal loans across different lenders. You’re generally more likely to be blocked from getting multiple loans by the lender than the law. Lenders may limit the number of loans — or total amount of money — they’ll give you.

Does a SoFi loan hurt your credit?

Pre-qualify for a personal loan It’s free, only takes a few minutes and won’t affect your credit score.