Compare Discover vs. LendingTree Student Loans

What’s the difference between Discover Student Loans and LendingTree Student Loans? See how our editors compare the two companies below.
Last Updated: April 26, 2018
Disclosure: We receive advertising revenue from some partners. 
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Discover Student Loans
9.3 / 10 - Excellent
#10 in Student Loans
LendingTree Student Loans
8.6 / 10 - Excellent
#14 in Student Loans
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Key Facts

  • Undergraduate and graduate student loans with fixed or variable rates
  • No application, origination, or late fees
  • 24/7 customer support from U.S.-based loan specialists
  • Fast online student loan application
  • Good grades and auto-debit award discounts 

 

  • Safe and secure online student loan marketplace
  • Compare up to 8 offers from top lenders, risk-free
  • More than 40 million customers served
  • 9.3 out of 10 Trustpilot score
  • Helpful student loan guide

OVERALL RATINGS

 DiscoverLendingTree
Loan Specifics9/109/10
Qualifications10/108/10
Customer Experience9/108/10
Company Reputation9/109/10

 DiscoverLendingTree
Loan Types
Undergraduate
Graduate
Undergraduate
Graduate
Career Training
Minimum Loan Amount
1,000
Maximum Loan Amount
Each year, you can borrow up to 100% of your school-certified cost of attendance (including tuition, housing, books and more) minus other financial aid. Aggregate loan limits apply.
Loan Term
Loan terms with Discover can vary, yet the company states loan repayment periods can span 10 or 20 years and are based on the borrower's creditworthiness.
Interest Rates
Fixed
Variable
Fixed
Variable
Fixed APR Range
6.49% APR - 11.99%APR for Undergraduate Student Loans 6.49% APR - 12.99% APR for Graduate Student Loans
Variable APR Range
4.99% APR - 11.24% APR for Undergraduate Student Loans 4.99% APR - 12.49% APR for Graduate Student Loans
 DiscoverLendingTree
Repayment Options
Deferred
Deferred
Fixed
Immediate
Interest-Only
Grace Period
Deferment or Forbearance
Cosigner Release

Discover Qualifications

 DiscoverLendingTree
Cosigner Required
Course Load
Half-time
Citizenship Requirement
U.S. Citizen
Permanent Legal Resident
Non-U.S. Citizen with a Cosigner

Discover Customer Experience

 DiscoverLendingTree
Student Loan Calculator
Online Quotes
Additional Services
24/7 Customer Support
Discounts
Get at least a 3.0 GPA (or equivalent) and receive a one-time cash reward of 1% of the loan amount of each new Discover student loan<br /><br /> Get a 0.25% interest rate reduction when you are enrolled in automatic payments during repayment.

Discover Company Reputation

 DiscoverLendingTree
Lender Type
Bank
Marketplace
Year Founded
1985
1996
BBB Rating
A+
A-
Number of BBB Positive Reviews
0
94
Number of BBB Negative Reviews
43
77
Trust Pilot Rating
8.4 out of 10
9.3 out of 10
Date Collected
2018-03-22
2018-03-29

Consumer Litigation and Regulatory Actions



Company Profile

Full Name
Discover Student Loans
LendingTree Student Loans
Company Website
Headquarters
502 East Market Street, Greenwood, DE, 19950
11115 Rushmore Drive, Charlotte, NC, 28277

Final Verdict

Discover Student Loans has a higher overall rating than LendingTree Student Loans. Discover scores better than LendingTree across: Qualifications, and Customer Experience. Both companies score similarly on Loan Specifics, and Company Reputation.