For Discover consumers looking to consolidate debt, or just need extra cash, Discover Personal Loans offers a no-fee, total online loan process with funds sent as soon as the next business day.5 Their loans typically range from $2,500 to $40,000 with competitive interest rates.
Pros and Cons of Discover Personal Loans
Discover Personal Loans can be a versatile option for individuals seeking quick and flexible financial solutions through personal loans.5
- No application, origination, or late fees
- Return loan within 30 days with no interest charge
- Fixed APR with predictable monthly payments
- Funding as soon as the next business day1 2
- Minimum required credit of 660
- Minimum income required
- Requires credit check
How Discover Personal Loans Compares
to Other Options
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| Max Cash's Rating | |||
| Repayment Terms | 36-84 Months | N/A | N/A |
| Funding Timeline | Funding as soon as the next business day | Receive funds within a few business days | Receive funds on the same day or by the next business day |
| Bottom Line | Discover Personal Loans is an excellent option for consolidating debt or other uses with fixed interest rates and no prepayment penalties.3 Generally, only consumers with good to excellent credit are approved. |
LendingClub offers personal loans up to $60,000 through its peer-to-peer lending model with competitive rates and flexible repayment options.1 Fee structures are clear and transparent, but best suited for consumers with better credit. |
Moneytree can be an excellent choice for consumers needing funds quickly through various loans, including payday loans. With upfront transparency about fees and interest rates, borrowers can choose the loan that fits their needs best. |
Frequently Asked Questions about
Discover Personal Loans
Discover is a legitimate financial institution that has been operating for 64 years.
Contact a U.S. based loan specialist at 1-866-248-1255, or check your rate online.
Discover is accredited by the Better Business Bureau (BBB) with an A+ rating.
