LightStream allows you to buy the sports car or classic car of your dreams with a low interest rate. A division of SunTrust Bank, LightStream is an online-only consumer lender.
The only “catch” to obtaining the company's low interest rates is that you must have very good credit.
LightStream’s philosophy on that is this: The company believes that consumers with good credit have earned the privilege to experience the pleasure of a very user-friendly loan process and to secure low interest rates.
This lender’s loans range from $5,000 to $100,000.
The new wrinkle in the company’s loan process is that you can apply for your loan on your mobile device, tablet or computer. Consequently, it is possible that you can get an approval and have the funds deposited into your bank account on the same day that you apply, provided certain conditions are met.
Having the cash immediately in hand empowers you to negotiate like a cash buyer, states the company’s website.
The lender also offers its own Rate Beat Program: If you find a rate lower than its rate, then LightStream will beat that lender’s interest rate (APR) by .10 percentage point. However, that rate to beat must meet specific terms and conditions.
Finally, the online-only lender purports a $100 guarantee that their loan process will be the best and easiest procedure you’ll ever experience.
Is LightStream worthy of your patronage? You be the judge, and kindly let your fellow Porschephiles know what you think:
Please CLICK on the “REVIEWS” tab above. Rate and review your experiences with LIGHTSTREAM, its procedures, and its customer service here now in the “RATINGS — Post your review” section of the “REVIEWS” tab. Your input is highly valued by us as well as much appreciated!