Lantern FinanceReviews of lantern.finance

Reply from Lantern FinanceOct 16, 2026

Hey Tim, thank you for the review. We tried giving you a call to get feedback on how we can improve - please feel free to call us back whenever you can! You can also call or text us in the future and we can walk you through the entire process step by step as well: 415-365-0100. Regarding your funds, it should have already landed in your bank account!

Reply from Lantern FinanceDec 6, 2025

Hey there, appreciate the feedback! However, to be clear, we don't have auto-pay for principal because our loans are interest-only. Basically, you don't need to pay the principal until the maturity date which is 12 months after your loan. For your interest which is due each month, you can set up autopay since the amount is pre-determined. For principal, there is no pre-determined amount until loan maturity, so there is no amount that you can auto-pay, since you can choose to pay back different amounts (or none) each month. Also, you automatically get reminders that maturity is coming up, several times weeks before it is due. Even then, you are able to refinance to keep the loan for another 12 months, or just pay it off to release your collateral. Hope that makes sense.