National online consumer lender provides a simple loan alternative for almost any purpose
ATLANTA, Oct. 29, 2013 /PRNewswire/ -- In today's financial environment, obtaining a consumer loan can be complicated and time consuming, even for borrowers with strong and extensive credit histories.
LightStream, a national online consumer lending division of SunTrust Bank, now offers the AnythingLoan, a fast and flexible consumer loan, through http://www.lightstream.com.
Borrowers with excellent and substantial credit can obtain an unsecured loan up to $100,000 from LightStream to use for almost any purpose, with competitive fixed rates and flexible terms. Loans may be obtained anywhere in the U.S. on LightStream's easy-to-navigate site. Applicants complete a short online form and receive a response within minutes. The process requires little, if any, paperwork; in many cases, funds can be delivered to a borrower's bank account the same day an application is submitted. Further, there are no LightStream fees or processing charges, nor penalties for early payment.
"The LightStream AnythingLoan reflects SunTrust's focus on continuously evolving our solutions and services to meet people's ever-changing financial circumstances," said Beverly Ladley, Head of Retail Products and Consumer Lending for SunTrust Bank. "As the name suggests, the AnythingLoan can be used to finance almost anything, simply and quickly. It's been designed for people with excellent credit who want to take advantage of direct online lending, with the low interest rates and self-service efficiencies that LightStream delivers through its proprietary loan origination technology. It's another way SunTrust is helping clients achieve financial well-being."
The AnythingLoan Advantage
For the first time, the unsecured AnythingLoan allows consumers to borrow funds for purchases that had previously required collateral, or fell into categories where few or no loan options existed. With the unsecured AnythingLoan, borrowers can finance a wide range of vehicle, lifestyle, personal and life-stage needs:
"We've made it easy for customers with substantial and excellent credit histories to focus on what they're purchasing, not how to finance it," said Gary Miller, business head of LightStream. "We've reinvented the consumer loan process, rewarding our customers with the service and loan experience they deserve. LightStream delivers an intuitive self-service platform for originating loans, allowing borrowers to choose the best loan use and terms for them. People can simply apply, get approved, set up their account, sign their loan document and receive their funds, all electronically, quickly and smoothly."
LightStream complements its online capabilities with the convenience of personal service when needed, with customer service representatives available during business hours. LightStream also backs its process with a $100 Loan Experience Guarantee.
The LightStream AnythingLoan application is an entirely online process, and is not available through SunTrust branch locations. All LightStream loans are subject to credit review and approval. Rates and terms may vary based on loan purpose, term and payment option and are subject to change without notice. Go to www.lightstream.com to review full details, terms and conditions regarding loan products from LightStream.
About LightStream, a division of SunTrust Bank
LightStream is a national online lending division of SunTrust Bank, providing excellent credit customers with low rates and an outstanding customer experience through the AnythingLoan. LightStream's proprietary technology offers consumers a virtually paperless loan application, underwriting, funding and servicing experience. In 2012, SunTrust Banks acquired the assets of online consumer lending company FirstAgain LLC and is now relaunching the business as LightStream. For more information visit Lightstream.com.
SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of September 30, 2013, SunTrust had total assets of $171.8 billion and total deposits of $128.9 billion. Through its flagship subsidiary, SunTrust Bank, the company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic States and a full array of technology-based, 24-hour delivery channels. The company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through its various subsidiaries, the company provides mortgage banking, asset management, securities brokerage, and capital market services. SunTrust's Internet address is suntrust.com.
RELATED LINKS: http://www.lightstream.com/
SOURCE SunTrust Banks, Inc.
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