Personal Loans from Discover

We don't just lend money.
We lend a hand.

No processing fees|Flexible repayment terms

Fixed rates|100% U.S.-based loan specialists

Why get a personal loan from Discover

$0 fees

No loan origination fees. No fees of any kind as long as you pay on time.

Fixed rates:
6.99% to 24.99% APR

Lock in your rate. Your monthly payment will never change.

Design your loan terms around you

Use our personal loan calculator to design your loan around the loan amount and length.

Save money

Pay off higher rate loans and credit cards. You can save hundreds - or even thousands - of dollars.

How it works

Check your rate

Get your personal loan interest rate with no impact to your credit score. Simply enter the amount and length of the loan you want to get started.

Apply in minutes

Our highly trained loan specialists are ready to help you with the application 7 days a week.

Get funds fast

Most get a decision the day they apply. If approved, you can have funds sent directly to you or to your creditors.

Say goodbye to debt sooner

Payoff Time: 6 years with one set monthly payment of $256

Personal Loan from Discover

$15,000

Fixed Rate

6.99% APR¹

Payoff Time: Over 47 years to repay with the minimum monthly payment²

Higher Rate Debt

$15,000 (Total Balance)

Average Rate

17.71% APR

Estimate savings with our Debt Consolidation Calculator.

1. Your APR will be between 6.99% and 24.99% based on creditworthiness at time of application for loan terms of 36-84 months. Our lowest rates are available to consumers with the best credit. Many factors are used to determine your rate, such as your credit history, application information and the term you select.

2. Repayment timing estimate is based on a minimum monthly payment of 2% of the $15,000 balance or a minimum payment of $25, whichever is greater. Actual results may vary. Average APR is based on the national exchange found on www.creditcards.com as of 05/03/19.

See how Discover's loan benefits compare

Compare with:

Compare Discover's personal loan benefits with others
	Discover Personal Loans	Lending Club	Wells Fargo	Prosper Funding
Origination fees	$0	$768*	$0	$591*
Flexible repayment terms - 36, 48, 60, 72 and 84 months
Same-day decision in most cases
Option to pay off creditors directly
100% U.S.-based customer service
Return loan funds within 30 days and pay no interest
Free Credit Scorecard with your FICO^® Credit Score, number of recent inquiries and more**, ^†

*Origination fee estimates are based on average loan amount and average origination fee % listed in company filings (10-Q) for quarter ended September 30, 2018.
^** Compared lenders may provide a FICO^® Credit Score or other credit score and other credit information. See lender's website for further details.
Comparison conducted by an independent research firm and based on data compiled in March 2019 from company websites, customer service agents, and consumer credit offers.
^†FICO^® Credit Score Terms: Your FICO^® Credit Score, key factors and other credit information are based on data from TransUnion^® and may be different from other credit scores and other credit information provided by different bureaus. This information is intended for and only provided to Primary account holders who have an available score. See Discover.com/FICO about the availability of your score. Your score, key factors and other credit information are available on Discover.com and cardmembers are also provided a score on statements. Customers will see up to a year of recent scores online. Discover and other lenders may use different inputs, such as FICO^® Credit Scores, other credit scores and more information in credit decisions. This benefit may change or end in the future. FICO is a registered trademark of the Fair Isaac Corporation in the United States and other countries.

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