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lightstream loans

AKnate said:
Lightstream was a no go for me. Tried doing a 5k loan for 3 months. They'd only let me put 1 year.

The denial says I have a 688 credit score. I pulled it up to see WTF they are talking about. 732 through FICO.
Also said I don't make enough. Not sure what they require... 6 figures?
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I know most places will pull all 3 credit reports and usually use the lowest. For me thats generally trans union
 
AKnate said:
Lightstream was a no go for me. Tried doing a 5k loan for 3 months. They'd only let me put 1 year.

The denial says I have a 688 credit score. I pulled it up to see WTF they are talking about. 732 through FICO.
Also said I don't make enough. Not sure what they require... 6 figures?
Click to expand...
Damn that sucks. I got approved for 10k via used car option last year, think my credit was 730ish FICO at that time.
 
AKnate said:
Lightstream was a no go for me. Tried doing a 5k loan for 3 months. They'd only let me put 1 year.

The denial says I have a 688 credit score. I pulled it up to see WTF they are talking about. 732 through FICO.
Also said I don't make enough. Not sure what they require... 6 figures?
Click to expand...

Well no shit. No one is gonna give you a 3mo loan. You get a 12mo term and just pay it off early, although you need more than 3mo to establish a history.
 
AKnate said:
History of what?
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if you have zero credit history, but even at that you don't have to carry the loan to term and building credit history with a fixed loan like that is silly, in my opinion.

revolving credit allows you to build history without having to pay any interest, same with with "promo" loan periods
 
Provience said:
if you have zero credit history, but even at that you don't have to carry the loan to term and building credit history with a fixed loan like that is silly, in my opinion.

revolving credit allows you to build history without having to pay any interest, same with with "promo" loan periods
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I have 25 years of credit history.
 
I'm about to borrow money for a major purchase (shop), is this still the best place to borrow money from?

I know I'm sucking hind tit with interest rates, but I don't see them going down in the near future.
 
I just logged in to my account and here are my rates. Obviously based on the info they have from me and a very good credit score.

1661535553621.png
 
Squatch said:
I'm about to borrow money for a major purchase (shop), is this still the best place to borrow money from?

I know I'm sucking hind tit with interest rates, but I don't see them going down in the near future.
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Its the best unsecured quick money
 
Provience said:
then why not sign up for the loan with the most favorable rate, regardless of term, and just pay it on your own schedule?
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They didn't offer anything.

Said "no"

I bought a ~300k house 2 months later with zero issue with credit or income.
 
I asked for $15k, and it was in my account two days later. Bought and flipped a truck, gonna give it a couple months for it to report on my credit before I pay it off. Got nothing bad to say about them.
 
MattS said:
I just logged in to my account and here are my rates. Obviously based on the info they have from me and a very good credit score.

1661535553621.png
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Select used auto from a dealer for the best rates. They don’t verify what the money is used for.
 
Takotruckin said:
Select used auto from a dealer for the best rates. They don’t verify what the money is used for.
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Correct but they wont give it to you for "refinance" if you dont currently have an auto loan on your credit. If you do have one they dont verify thats what you use it for.
 
Reviving this after getting caught up on the debt help thread.

I get paid one to two times a year. It's great one to two times a year and a big mindful the rest of the time. I'm not great at saving and don't want (I think) revolving lines or borrowing against our house... frankly I'd spend it quick if it was easily accessible.

How are rates and is this a decent option for loans less than a year or two? I usually finance things so I don't have to feel the hit all at once, always simple interest and typically knock it out quick when money comes back. Rinse and repeat lol
 
Swayzeexpress said:
Reviving this after getting caught up on the debt help thread.

I get paid one to two times a year. It's great one to two times a year and a big mindful the rest of the time. I'm not great at saving and don't want (I think) revolving lines or borrowing against our house... frankly I'd spend it quick if it was easily accessible.

How are rates and is this a decent option for loans less than a year or two? I usually finance things so I don't have to feel the hit all at once, always simple interest and typically knock it out quick when money comes back. Rinse and repeat lol
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so you are going to be the next one :laughing:
 
I get the smart way to do things, I'm not about to go retard on my family. Just never heard of this until that other thread
 
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