Quick Summary:LightStream, Truist Bank’s online lending division, stopped accepting new loan applications in October 2026 while Truist sells the business to Carlyle Group. Existing borrowers can still log in and should keep making payments as usual. If you were planning to finance an RV or boat through LightStream, you’ll need another lender. My Financing USA can help you compare options with one application.
LightStream Stopped Accepting Loan Applications: Here’s What It Means For You
LightStream, the online lending division owned by Truist Bank, has stopped accepting loan applications in October 2026. LightStream is being sold to a new owner and its website currently says “we are no longer accepting applications.” Clients with an active account, though, are still able to log in. New RV and boat borrowers who were planning to apply there need another lender.
What is LightStream?
The company’s fast online loan application was a way for customers to receive loans for a variety of purposes, including RV and boat loans. LightStream’s program allowed for unsecured loans ranging from $5,000 to $100,000. This included private party loans, financing older RVs and boats, and lower minimum loan amounts compared to other lenders.
Borrowers with strong credit could choose their own funding date and there were no prepayment penalties. This made LightStream a popular choice for loans that many RV and marine lenders will not write.
What happened to LightStream?
Truist is selling it. The sale was disclosed by Truist in their third-quarter earnings report in October of 2026. It is being sold to Carlyle Group Inc. and, according to a news release by the Carlyle Group, the sale is expected to close later this year.
Can you still get a LightStream loan?
No. LightStream is not currently taking new applications for any loan type including RV loans, boat loans, and refinances. If you had a rate check or an application in progress that was not funded before the cutoff, you will need to apply elsewhere.
Where to apply for an RV or boat loan now
If you’re in the market for RV or boat financing and were counting on LightStream to help you, My Financing USA offers a range of financing options for customers throughout the contiguous United States. The application is straightforward and secure and only takes a few minutes to complete. Instead of having to apply with multiple lenders separately, let us do the work. We specialize in RV and boat loans specifically and work with good and bad credit scores. We search for the best RV and boat loan programs based on your goals, all while limiting excessive credit inquiries.
Ready to start your adventure? Apply here.
FAQs:
Is LightStream going out of business?
LightStream stopped accepting new applications in October 2026 and Truist agreed to sell the business to Carlyle.
Can I still log in to LightStream?
Yes. LightStream's site says active account holders can still sign in to manage their account.
Did LightStream offer RV and boat loans?
Yes. LightStream made unsecured RV and boat loans from $5,000 to $100,000. Those loans are no longer available.
