Terms and Conditions

 

­­­IMPORTANT INFORMATION

Discover® Personal Loans are made by Capital One, N.A. (Discover is a division of Capital One N.A.), Member FDIC.

As used below, “you” means the applicant; “we” or “our” or “us” means Capital One, N.A. (Discover is a division of Capital One N.A.).

For customers invited to apply: This Offer is Not Transferable. This offer expires on the ‘Apply by’ date indicated on the front of the offer letter. After this date, the offer is subject to change without notice.

Application Information: Federal law requires that we obtain and record your name, street address, date of birth, and social security number in order to verify your identity. Your application is subject to our review and verification, which may be based on your employer, bank, and credit bureau information. You allow us to get information from consumer reporting agencies and other sources for servicing or review of your account, collection, and any other use permitted by law.

You must have a minimum individual or household annual income of $25,000, be over 18 years of age, and have a valid U.S. Social Security Number to be considered for a Discover Personal Loan.

Consent to electronic delivery required to apply: We require that applicants consent to receive important loan information, including legally required disclosures, electronically. Once the application process is completed, you will be able to choose to receive written communications electronically or in paper form.

You authorize your wireless carrier to use or disclose information about your account and your wireless device, if available, to Discover or its service provider for the duration of your business relationship, solely to help them identify you or your wireless device and to prevent fraud. See our Privacy Policy to see how we treat your data.

You understand that we, after evaluating your application and checking your credit report, may decide not to offer credit to you.

Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.

Wisconsin Residents: If you are a married Wisconsin resident, your signature confirms that this loan obligation is being incurred in the interest of your marriage or family. No provision of any marital property agreement (i.e., premarital agreement), unilateral statement under Section 766.59 of the Wisconsin Statutes, or court decree under Section 766.70 of the Wisconsin Statutes adversely affects the interest of the Lender unless the Lender, prior to the time that the loan is approved, is furnished with a copy of the marital property agreement, a statement, or a decree or has actual knowledge of the adverse provision. If the loan for which you are applying is granted, you will notify us if you have a spouse who needs to receive notification that credit has been extended to you by furnishing your spouse's name and address to us at PO Box 30396, Salt Lake City, UT 84130-0396.

T&C.01.21.24

Loan Agreement: Click here for the loan agreement

© 2026 Discover, a division of Capital One, N.A., Member FDIC  

DPLLA.11.09.25

PO Box 30954
Salt Lake City, UT 84130-0954

 

Your APR will be between x and x based on creditworthiness at time of application for amounts between $2,500-$40,000 and loan terms of x-x months. For example, if you get approved for a $15,000 loan at 11.99% APR for a term of 72 months, you'll pay just $293 per month.

You must have a minimum individual or household annual income of $25,000, be over 18 years of age, and have a valid US SSN to be considered for a Discover personal loan. Loan approval is subject to confirmation that your income, debt-to-income ratio, credit history and application information meet all requirements.

Our lowest rates are available to consumers with the best credit. Many factors are used to determine your rate, such as your credit history, application information and the term you select. State restrictions may apply.

For debt consolidation, even with a lower interest rate or lower monthly payment, paying debt over a longer period of time may result in the payment of more in interest. A Discover personal loan is intended for personal use and cannot be used to directly pay any Capital One account (including any Discover or Capital One credit card), secured loan, or post-secondary education loan or expense.

If your application is approved, we will send funds after you accept the loan. Your bank or creditor may take more days to process the funds.

After you check your rate, if you move forward with an application for a new Discover personal loan, you will need to consent to a hard credit inquiry that will appear on your credit report.

Your California Privacy Choices

© 2026 Discover, a division of Capital One, N.A., Member FDIC