Read these resources to learn about personal loan features and benefits. Discover® has articles to help you decide if taking out a personal loan is the right decision for your financial future.

Getting a Personal Loan: Common Questions & Answers

A couple and their young child look at plans for a renovation.

Whether you’re looking to pay off your credit cards or fund your dream vacation, a personal loan may help you achieve your goals. Personal loans offer the flexibility to cover a range of expenses, from unexpected medical bills to debt consolidation.

When it… Read More

Inflation and Interest Rates: What’s the Link?

Woman looks at her grocery receipt

You have probably noticed the rising cost of groceries, gas, and cars. Maybe you also recall hearing about the Federal Reserve (“the Fed”) raising interest rates several times in recent years.

Why do interest rates go up when inflation is high? And how does it affect… Read More

What is Good Debt vs. Bad Debt?

Couple embraces each other standing in front of home

Many people think that you should avoid any kind of debt. But not all debt is bad. Debt may be “good” when it helps you establish credit and build wealth. Debt can be considered “bad” if it’s costly, hurts your credit score, or makes it harder to reach your financial goals.… Read More

A Guide to Financial Wellness in Five Steps

Woman sits at desk reviewing papers in front of a laptop.

When it comes to improving the quality of your life, focusing on your financial wellness — living within your means, creating safety nets, and developing financial goals — may pay off.

Improving your financial health may empower you to achieve other money-related… Read More

How to Read a Credit Report and What It Means

Young woman focuses as she looks at her laptop.

Your credit history is one of the most important pieces of information in your financial life. Your credit report is a snapshot of your credit history.

Understanding your credit report may help you both protect and improve your financial health. The information … Read More