Discover Review

#2 in Debt Consolidation Loans

Discover is a direct provider of loan products and financial services that include personal loans, credit cards and debt consolidation loans. Today, Discover has grown to be one of the biggest financial services organization offering a variety of banking and financial products. Its personal loans of up to $35,000 gives people quick access to much needed funds for a myriad of purposes such as college, weddings and even debt consolidation. Flexible loan terms of up to 84 months and fixed rate interests makes it easier to schedule debt payments.

Company Profile

BBB Rating

A+

TrustPilot

No Rating

CreditKarma

3.7

Participating States

50

Loan Matching Service

Direct Lenders

AFCC

IAPDA

FDIC Insure Trust Account

FTC Compliant

Loan Basics

Minimum Loan Amount

$2,500

Maximum Loan Amount

$35,000

Loan Terms

36 to 84 months

APR

6.99% to 24.99%

Interest Rate

6.99%

Origination Fee

None

Late Payment Fee

$39

Additional Fees

Upfront Fees

None

Consultation Fees

None

Fees and Charges

Prepayment Penalty

None

Qualifying

Proof of Income

Credit History

Financial Stability

Equity

Minimum Credit Score

Not Stated

Application

Online Application

Response Time

A few minutes

Direct Deposit

18+ Years of Age

US Citizen or Permanent Resident

Social Security Number

Home Address

Email Address

Checking Account

Customer Support                                                                      

Email

Phone

Loan Consultants

Summary

Discover’s flexible loan terms and fixed interest rates makes it easier for borrowers to schedule debt payments. It helps people struggling with mounting debt problems consolidate multiple debts into one account and make smaller monthly payments. Being a direct loan provider, borrowers can be sure that their applications are handled by a single company eliminating the confusion of transacting with multiple lenders.  

 

 

 

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