Credit Cards Center Credit cards from our partners
New Contributor
Posts: 351
Registered: ‎06-02-2013

Same day approval and next day funded of Auto Loan

Based of the suggestions of others here I went ahead and applied for a 2nd car loan after getting approved from USAA last week. My 2nd loan was approved for $60k, 72 months at 2.25%. They will be funding it tomorrow after it was approved today. Very quick and easy from Lightstream who I had never heard of before.

If women didn't exist, all the money in the world would have no meaning. -- Aristotle
Starting Score: 777
Current Score:  761
Goal Score:      800
Posts: 8
Registered: ‎03-04-2008

Re: Same day approval and next day funded of Auto Loan

That's good! 


I have been hearing about LightStream lately - a division of Suntrust bank that does loans for SUPER-well-qualified scorers.  I believe you can't have ANY prior BKs on your report. This is the second time I have heard of them in a week, they have been established, I believe - almost a year, but are a Suntrust division.


Enjoy your car!

Established Contributor
Posts: 557
Registered: ‎01-09-2013

Re: Same day approval and next day funded of Auto Loan


Even more congrats to being a part of the elite "SUPER-well-qualified" as carmenah stated. Smiley Wink

Established Member
Posts: 19
Registered: ‎02-02-2009

Re: Same day approval and next day funded of Auto Loan

Can I ask what they needed? What score you had and who they pulled?

Was thinking about doing the same, but wasnt sure all what they needed or if I qualify.

I do have 1 single late mtg payment showing from 2009, and a 760TU/775Eq/780Exp. and about 15% util. When paid down it jumps 20+ points, so I can do that if needed.

But WF actually turned me down due to the late, and its my own bank.

That was for a LOC, not a car loan. The single reason given was that 4 year old late.


any details would help



Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.