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LightStream New & Used Auto Loan

About LightStream Auto Loans

The LightStream New & Used Auto Loan from LightStream is one of the top-rated Auto Loans options evaluated on MoneyCompared, earning an overall product score of 9.4/10. LightStream, the national online lending division of Truist Bank, offers unsecured Personal Loans and Auto Loans from $5,000 to $100,000 with zero origination fees, same-day funding, and its famous Rate Beat Program that beats any qualifying competitor APR by 0.10 percentage points.
Key highlights include 6.49% - 21.29% Fixed APR, a fee structure of $0 Origination Fee, and Unsecured auto financing - you hold the vehicle title immediately.

Features

Annual Fee	$0 Origination Fee
Regular APR / Rate	6.49% - 21.29% Fixed APR
Intro Offer / Welcome Bonus	Unsecured auto financing - you hold the vehicle title immediately
Savings APY / AER	Buy from dealerships or private sellers with cash-buyer leverage
Minimum Deposit	$5,000 - $100,000 Auto Financing
Foreign Transaction Fee	$0 (None)
Deposit Insurance	FDIC / NCUA Insured ($250k+)
Mobile App Rating	4.8 / 5.0
Overall Rating	9.4 / 10

About Product

Annual / Monthly Fee: $0 Origination Fee
APR / APY Rate: 6.49% - 21.29% Fixed APR
Intro Offer / Bonus: Unsecured auto financing - you hold the vehicle title immediately
Key Benefits: Buy from dealerships or private sellers with cash-buyer leverage
Minimum Requirement: $5,000 - $100,000 Auto Financing
Institution: LightStream (Charlotte, NC, USA)

Pros

Rate / APY / APR: 6.49% - 21.29% Fixed APR
Fee Structure: $0 Origination Fee
Welcome Offer / Highlight: Unsecured auto financing - you hold the vehicle title immediately
Key Perks: Buy from dealerships or private sellers with cash-buyer leverage

Cons