A personal loan from Discover gives you more
Flexible repayment terms
Choose how long you want to pay off your loan, from 36—84 months.
Fixed monthly payments
Lock in a fixed interest rate and your payments won't change.
Loans up to $35,000
And because it's an unsecured loan, you don't need collateral.
Know your rate first—checking won't affect your credit.
Watch this quick video to learn more about personal loans
Common questions about personal loans
A personal loan has many different uses. Because funds can be deposited directly into your bank account, you can use a personal loan your way. Personal loans are often used for debt consolidation, so you can pay down your debt at a lower fixed rate. A personal loan can also help finance a large purchase, like a wedding, a vacation, or a home remodel. If you're facing an unexpected expense or a financial emergency, you can get the funds you need quickly with a personal loan. You can also use a personal loan to cover medical bills, adoption or IVF, auto repairs, and more.
Some lenders charge customers a fee for processing and originating the loans—this is an origination fee. This fee is deducted from the total amount of the loan, so if your lender charges origination fees, remember to account for that when you request your total loan amount. Discover Personal Loans don't charge origination fees.
Applying online can make getting a personal loan quick and easy. Most people who apply for a Discover Personal Loan receive an answer the same day. If you're approved for a loan, you'll receive the terms of your loan to review and accept. Once you accept your terms, your funds can be sent as soon as the very next business day. It may take longer to receive funds.
Still have questions?
Give us a call and speak with a dedicated U.S.-based loan specialist.
Ready to check your rate?
See what your rate will be with a Discover personal loan. It’s quick, easy and won’t affect your credit.