www.discover.com/personal-loans – Apply for Discover Personal LoanFinance
Are you planning a big event? Or want to renovate your house? Or consolidated that long-standing debt? Discover is giving you a hassle-free way to apply for a personal loan online. Discover Personal Loan is issued by the Discover Financial Services, Inc that operates Discover bank. Apart from personal loans, it offers multiple banking services and products such as savings account, credit cards, home equity loans, student loans and checking accounts.
‘Discover’ the trust
The famed Diners Club International and Pulse Networks Cars are also part of the Discover. Discover Card is holding the third rank as the third-largest credit card issuer. Over 50 million cardholders trust the efficiency and the reliability of the Discover Card over any other card.
As lucrative as Discover personal loan sounds
Discover believes the ethos of providing a helping hand to an individual who is in dire need of financial assistance. Discover personal loan application is one the easiest application process out there. Plus there are numerous awesome features that make Discover Personal loan stand out in the crowd of lending providers:
- Zero processing and origination fee: Just because you are taking a personal loan, that doesn’t mean you have to worry about processing fees! That’s right, in Discover, there are neither processing fees nor there is any origination or hidden fees. As long as you are repaying the loan on time, you are free from other hassles.
- Fixed Rates: While after a certain number of repayments, there tends to be a gradual increase in the interest. Not with Discover, where you can enjoy the fixed rate of interest you have set at the time of application for the loan repayment.
- Personal Loan Calculator: With the amazing Personal Loan Calculator, you can now customize your loan amount and the terms of repayment as per your convenience.
- Repay the consolidated debts: Last but not the least, Discover personal loan has comparatively lesser interest rates than the other loan providers.
- The flexibility of repayment terms: Choose your desired term of repayment among 36, 48, 60, 72 and 84 months.
- Quick approval: Your credentials, applications and the record are checked and verified thoroughly and in most cases are approved on the same day itself.
- Creditor payoff– If you are applying for the personal loan to pay off your creditor, you can set up the auto payment directly. As soon as your loan is processed, the loan is paid off to your creditor.
- All within the U.S. – Your relationship manager, loan specialist and the customer support of Discover all are based in the US itself. So no more trust issue hovering you. Get quick support without any international charges and protocols.
- Return policy: In case, you wish to retract your decision and feel you do not require the loan, you can talk to your relationship manager and return the loan within 30 days without having to pay a single amount of interest.
- Free Credit Scorecard: Get free credit scorecard along with the FICO Credit Score, numerous inquiries and many more without hampering your credit score.
You can apply for a personal loan up to $35,000. For a higher amount, please refer to the other loan products.
Applying for the Personal Loan
If you are keen on applying for a personal loan, then you need to follow these steps:
- Open your browser and visit www.discover.com/personal-loans.
- On the page itself, write in the relevant amount you require a loan.
- From the dropdown, select the purpose of the loan.
- If you are already an existing customer of Discover and have a great credit score, you may receive an invitation from the Discover service team itself on your registered email address, if you wish to apply for the loan. If you have received such an email, it may act as the catalyst for your application. The Invitation mail consists of Invitation Number. You must enter the number by clicking Respond to an invitation
- Click on Check Your Rate.
- Select your loan terms from 36, 48, 60, 72, 84 You may click on Need help selecting term link to check the monthly instalment and the rate of interest incurred per month on the selected term.
- Next, enter the following information for verification:
- Full Name.
- Full Address.
- Phone Number.
- Email Address.
- Click on Continue.
- Next, you need to enter your employment and identification data:
- Employment Type.
- Employer Name.
- Total Annual Income.
- Additional Household income (optional).
- Monthly Housing Payment.
- Social Security Number.
- Date of Birth.
- Specify if you have Money Market or Saving Account.
- Click on Continue.
- As per the reason you have selected for taking the personal loan, you need to complete a few more formalities. For example in the case of debt consolidation, you may need to give the creditor info. For medical expenses, you need to specify the treatment cost and the type of treatment and so on.
- Upon entering all the info, the system will auto-populate your credit score (won’t have the slightest impact on your existing score) and show if you are eligible for the loan.
- In case, you are eligible, you will get a list of possible loan offers with the repayment term you chose.
- A Loan Specialist will contact you and guide you with the rest of the process.
Also Read: F. Hinds Survey – Win $100 Vouchers
Customer Support Centre of Discover Personal Loans Department
In case of any query, request or complaint, you can connect with the specially dedicated department for the personal loan.
Dial the number 1-866-248-1255 to directly speak to the customer service representative.
In case, you want to initiate the chat with the loan help desk, you need to:
- Visit the page www.discoverpersonalloans.com/dplacq/getstarted.
- At the bottom left corner, click on the chat icon to initiate chat.
You can also write a letter at
PO Box 30200
Salt Lake City, UT 84130-0200
Customer Support is available during:
Mon-Fri: 8:00 am to 11:00 pm ET.
Sat-Sun: 9:00 am to 6:00 pm ET.