LightStream debt consolidation loan, reviewed
LightStream, the online lending arm of Truist, charges no origination fee and tops out lower than every lender here but PenFed. Its rates, sizes and who it suits.
$380 to $489 a month with LightStream on $15,000 over four years
$489 a month to clear the same $15,000 on 24% cards in four years
| APR range | 9.99% to 23.94% with autopay |
|---|---|
| Loan sizes | $5,000 to $100,000 |
| Fee | No origination fee |
| Bank average, 24-month loans | 11.9% |
A lightstream debt consolidation loan costs 9.99% to 23.94% APR with autopay (LightStream). An offer above the 11.9% bank loan average costs you more each month (Federal Reserve G.19).
The first thing to do is call a specialist. They set your card rates beside your LightStream offer, then compare it with the lender options below.
Rates and loan sizes
With autopay, the top LightStream price is 23.94% APR. Only PenFed, a credit union, tops out lower among the 16 lenders we compare. LightStream does not lend to people it would have to charge 30%.
Without autopay, you pay 0.50 points more. The highest APR of all is 25.44% (LightStream). Loans run from $5,000 to $100,000, and terms for paying off debt run 24 to 84 months.
LightStream’s own example is $10,000 at 9.99% over 3 years. That costs $322.62 a month.
On $15,000 over four years, the LightStream range means a payment of $380 to $489 a month. At the 11.9% bank average, the payment is $394 (Federal Reserve G.19).
An offer near the top costs more each month than the bank average. Call and the specialist checks your offer against that $394 before you sign.
Credit score needed
LightStream saves its lowest price for borrowers with a strong record. It says excellent credit is required for that rate.
From April to June 2026, at least 33% of approved people who sought that rate got it (LightStream). That figure does not predict any one person’s rate or odds of approval.
Fees
LightStream charges nothing to open the loan and nothing if you pay it off early.
If you live in Florida, you pay a documentary stamp tax of just over $35 per $10,000. That tax is added to the loan (LightStream).
Under its Rate Beat terms, LightStream offers to beat a rival unsecured loan rate by 0.10 points. So a lower offer from another lender still helps you here. Call and the specialist lines up those offers against yours.
How fast you get the money
LightStream can send the funds on the day you apply, if that day is a banking day. You must apply, be approved and finish verification on that same banking day (LightStream).
The funds go to your bank account. You then pay off the cards yourself.
Who the LightStream debt consolidation loan fits
The $5,000 minimum and the autopay price matter most in any comparison. If your card balances total less than $5,000, this lender cannot cover them.
Approval rests on the lender’s review, not on a guessed score cutoff. LightStream is part of Truist.
Other choices
Each lender is compared at the same $15,000 over 48 months.
Call and the specialist runs your own balances against each lender, so you see which payment comes out lowest.Compare LightStream with
Lender APR Loan sizes Fee 
PenFed6.39% to 17.99% Up to $50,000 No origination fee 
Discover6.99% to 24.99% $2,500 to $40,000 No origination fee 
Wells Fargo6.74% to 26.74% $3,000 to $100,000 No origination fee 
SoFi6.99% to 35.49% $5,000 to $100,000 Optional fee of 0% to 7% 
LendingClub5.96% to 35.99% $1,000 to $75,000 Origination fee of 0% to 8% 
Reach Financial5.99% to 35.99% $3,500 to $40,000 Origination fee of 0% to 8% 
Achieve6.25% to 35.99% $5,000 to $50,000 Origination fee of 1.99% to 9.99% 
Upstart6.3% to 35.99% $1,000 to $75,000 Origination fee, 8.15% in Upstart’s own example loan 
Best Egg6.99% to 35.99% $2,000 to $50,000 Origination fee up to 9.99% 
Upgrade7.74% to 35.99% $1,000 to $50,000 Origination fee of 1.85% to 9.99% 
Happy Money8.95% to 35.99% $5,000 to $50,000 Origination fee set by amount, term and credit 
Prosper8.99% to 35.99% $2,000 to $50,000 Origination fee of 1% to 9.99% 
Avant9.95% to 35.99% $2,000 to $35,000 Administration fee up to 9.99% 
Universal Credit11.69% to 35.99% $1,000 to $50,000 Origination fee of 5.25% to 9.99% 
OneMain Financial11.99% to 35.99% $1,500 to $30,000 Flat $25 to $500, or 1% to 10%, by state
Related topics
About this lender
What credit score is needed for a LightStream loan?
No number minimum is confirmed. LightStream says excellent credit is needed for its lowest rate. The 23.94% top rate is not a score cutoff.
Is the LightStream loan real or fake?
It is real. LightStream is the online lending part of Truist Bank. It posts its rates, example payment and terms on lightstream.com.
Which is better, SoFi or LightStream?
It comes down to your actual APR, fees and term from each lender. LightStream lists no origination fee and no prepayment penalty. The specialist on our line compares both offers with your cards.
How hard is it to get approved for a LightStream loan?
No approval rate comparison is on record. The 9.99% to 23.94% range tells you the possible price. It does not tell you how likely an offer is.
Check your LightStream offer today
You hold a LightStream offer and the rates on your card balances. If your APR sits above the 11.9% bank loan average, you pay more each month than an average bank loan would cost. Call now and a specialist goes through your cards for free and works toward one lower payment today.