Pay off your debt—fast—with a debt consolidation loan

Leverage the benefits of a debt
consolidation loan from Discover

Discover Personal Loans can help you save money on interest and give you more control over the size and timing of monthly payments. If you’d like, we can even pay your creditors for you.

Rates ranging from 6.99% to 29.99% APR1

Obtaining a lower rate can mean significant savings for you–especially when you compare the lower, fixed rate to the average variable rates on revolving debts.

1. The availability of rates and payment term options is based on creditworthiness at the time of application.

Pay off creditors directly

The funds can be sent directly to your creditors so you don’t have to worry about paying them off. Or, if you prefer, the funds can go straight to the bank account of your choice.

Payment plans from 36 to 84 months1

Personalized payment plans give you the ability to save on interest by selecting a shorter timeframe or lower your monthly payment by choosing a longer loan term.

See how much you could save

The debt consolidation calculator is an easy, at–a–glance tool that illustrates time and interest savings using your current information.

debt consolidation calculator

Combine revolving balances with
credit card consolidation

A Discover Personal Loan can help you combine multiple revolving balances on higher–interest debts such as auto loans, credit cards, department store cards, and medical bills into one convenient payment. Plus, the fixed interest rate on a personal loan is generally lower than the higher, variable rates associated with many revolving debts.

debt consolidation customer
“The actual consolidation for me was the best thing, and it was auto–debited as well. It was really nice; it was awesome!”2

Kristopher J, Port Aransas, TX

debt consolidation customer
“What this loan did for me and my stress level was amazing. I was just relieved.”2

Melinda A, Chicago, IL

2. Testimonials received from interviews conducted in 2012 with actual Discover Personal Loans customers

Get started on your
debt consolidation loan

Apply online in minutes using
our secure application.


Monday–Friday, 8am–11pm ET

Saturday–Sunday, 9am–6pm ET

Learn more about the application process >