Our resources can help you feel more knowledgeable about options for debt management. Whether you're looking for tips on managing debt, paying for expenses, or seeking advice for reaching your financial goals, Discover can help.

What is Underwriting?

Woman learning about underwriting

If you’ve ever applied for a loan, such as a mortgage or a personal loan, it’s safe to assume that you’ve heard your application will have to go through “underwriting.”

While this is a big part of the loan application process, it can be mysterious for the… Read More

Credit Card Refinancing vs. Debt Consolidation

Should you refinance or consolidate your credit card debt?

The answer: It depends. Before you decide, it’s important to understand what each option means.

Let’s start with the basic differences. Put simply, debt consolidation is when you pay off multiple debts … Read More

Are Electric Cars Worth the Money?

Red electric car backed into a charging station on one side and a black electric car backed into a charging station on the other side. Two opposing EVs create a visual representation of electric cars pros and cons to consider in a buyer's journey.

As gas prices remain a hot topic, many people are taking a closer look at electric vehicles (EVs). Improvements in technology, and the fact that EVs are now available in every class of vehicle, make them increasingly attractive to the average consumer. But you might… Read More

Inflation and Interest Rates: What’s the Link?

What happens to interest rates during inflation and how does it trickle down to daily life, wonders the woman in the photo looking at her grocery receipt

You’ve probably noticed the most visible impact of inflation: the rising cost of things you might want to buy. You’ve probably also heard about the Federal Reserve raising interest rates.

Why is the Fed doing this? And how are higher interest rates related to rising… Read More