www.discoverpersonalloans.com/apply - Apply For ​Discover Personal Loan

Finance Articles

by WorkQ Admin 4712 Views 0

www.discoverpersonalloans.com/apply - Apply For ​Discover Personal Loan

Finance Articles

by WorkQ Admin 4712 Views 0

Discover Personal Loan- Pay off Debt Faster

Discover offers their loyal members, who are looking for a way to pay off their debt and get rid of the financial trouble soon, the invitation to apply for Discover Personal Lone. The Discover Cardholders also meet some other eligibility factors to apply for the loan.

Basic Requirements to apply

To be eligible for a Discover Personal Loan, you need to fulfill some minimum requirements such as:

  • Must be a permanent resident or citizen of US
  • Age should be 18 years or above
  • Minimum household income must be at least $25000

There are also some other factors (i.e. the information you provided in your application, your credit history and recent credit activity, credit inquiries registered to your name etc.) to consider your loan to be approved.

What you need to apply

Before going to apply for the loan, note the information you have to enter during the application process.

  • Invitation number (if you have received any)
  • Name
  • Proof of Address
  • Date of Birth
  • Social Security Number
  • Phone number
  • Household income
  • Employment history
  • Loan amount and payment term
  • Reason for the loan
  • Loan term length
  • Bank Account number and routing number (if you want to deposit funds into your account)
  • Creditor information (to consolidate other debt to the Discover Personal Lone)

How to apply

The application process is easy and will not take much time to complete as you already got the invitation ID that acknowledges your information for being a Discover Card member and it hastens the entire process. You have several options to apply for the loan.

By Online

  • Go to https://www.discoverpersonalloans.com
  • Enter the 16 digit invitation number located at the top of the paper card attached to your invitation letter.
  • Enter email address.
  • Click “Continue” to proceed.
  • Provide the required information (the list is above) and complete the rest of the application.

By Phone

Call 1-866-2448-1255. Talk to a Discover representative who takes your application over the phone.

By Mail

You can also mail your completed application form to this address:

Discover Personal Lone

P.O. Box- 5129

Southfield, MI 48086-9907

Important Notes about Discover Personal Lone

  • After the submission, you may be called to verify your details.
  • In the online process, you can receive the decision on the same day of your application and no missing information would be there. In the mail, you will get the’ decision notification’ in more or less 7 days instead of an instant decision.
  • In Discover Personal Loan, you can apply for $2500-$35000.
  • After approval, you will be given a chance to review the full details and accept the loans.
  • No Application or Organization fee.
  • No prepayment penalties but you may be charged a fee for late payment and not having sufficient fund to cover a payment.
  • After the application is approved and the loan term is accepted, the money can be sent as early as the next business day.
  • APR Rates- from 6.99% to 24.99% based on the creditworthiness at time of application.

Debt Consolidation Loans

With Discover Personal Loan, you can consolidate other higher interest debts and save up to thousands of dollars. In the Debt Consolidation, 70% of the funds go directly to the creditors. If it is less than 70%, it may affect your final approval and APR.

For any questions, call 1-800-767-7359 to Discover Customer Service.

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