Discover Personal Loans – Apply for a Loan

4.5 / 5  (5,430 reviews)
Maximum Amount $40,000 USD
APR from 7.99%
Term 36 – 84 mo.
Funds in Next business day
Apply on the Official Discover Personal Loans Website ad

Applying does not obligate you to accept a loan offer. Loans are approved by Discover Personal Loans subject to eligibility and terms.

Contact Information

Company Discover Bank
Address 502 E Market Street, Greenwood, DE 19950

Discover Personal Loans – Repayment Schedule

Estimated monthly payments at APR 7.99%. Actual payment is determined at loan approval.

Amount \ Term 36 mo. 60 mo. 84 mo.
$5,000 USD $156.66 $101.36 $77.91
$10,000 USD $313.32 $202.72 $155.81
$15,000 USD $469.98 $304.07 $233.72
$20,000 USD $626.64 $405.43 $311.62
$25,000 USD $783.29 $506.79 $389.53
$30,000 USD $939.95 $608.15 $467.44

Representative Example

Loan Amount $6,250 USD
Repayment Term 60 months
APR 7.99%
Monthly Payment $126.70
Total Interest Cost $1,351.85
Total Amount Payable $7,601.85

* This example is for illustrative purposes. APR includes the interest rate and any applicable fees. Actual terms are determined upon signing the loan agreement.

Quick Overview

Loan Amount $2,500 USD – $40,000 USD
Term 36 – 84 months
APR from 7.99%
Approval Next business day
Eligible Age 18+ years
Online Application Yes

Eligibility Requirements

  • ✓ Age 18+ years
  • ✓ US citizen or permanent resident
  • ✓ Household income $25,000+
  • ✓ Credit score 660+
  • ✓ Active US bank account

Loan Features

  • No origination fees
  • 30-day money-back guarantee
  • Direct creditor payments
  • Loans up to $40,000
  • Free FICO score access