Apply for Discover Personal Loan with an Invitation Code

by cclogin November 02, 2022

How to Apply for Discover Personal Loan at

Here, in this article, we are going to discuss Discover Personal Loan and Discover Personal Loan Apply. We will provide the step-by-step procedure to apply for the loan. So, if you are among a select group of individuals invited to take advantage of this exclusive offer for a Discover Personal Loan. You will also get to know about the pros & cons of the Discover loan, loan repayment, customer service, etc. So, make sure to read this article till the end to know more about the Discover Personal Loan Apply.

About Discover Personal Loan

Discover is a good option for people with good credit who wants a personal loan of no more than $35,000. Not only the rates and terms of Discover Personal Loan are competitive, but it was also recently rated as one of the best personal loan providers. Discover also provides unsecured personal loans available in all 50 states. Although, their lower maximum loan amount than other lenders, its APR of 5.99% to 24.99% are excellent and its repayment terms of up to 84 months.

Discover Personal Loans are an excellent option for people who wants to cover various personal or family expenditure, like paying for unexpected expenses, covering the cost of a vacation, funding a wedding, or making home improvement. Also, you can use the loan to consolidate existing debt into a single fixed-rate loan. However, you must have a good credit score to get qualified for the loan. If your credit score is not that good, then this loan might not be for you.

Types of Personal Loans Offered by Discover

Discover provides unsecured personal loans that you can use for several purposes. Such as, you can use the loans to cover unexpected expenses, fund a wedding, pay for the family vacation, or pay for the adoption or fertility costs. Also, you can use the loan to retype your home, make energy-efficient improvements, or fund renovation projects without using your home as collateral.

However, you cannot use your loan to pay for postsecondary educational expenses, repay a secured loan, or pay off an existing Discover credit card. You can use the funds from your personal loan to consolidate other types of unsecured debt, such as credit card balances with other issuers.

In order to get qualified for a personal loan from Discover, your age must be at least 18 years old, a US citizen or permanent resident, and must have at least a $25,00 household income. Discover reviews the financial information and credit history to make sure that you have enough income to repay the loan and that you meet the other creditworthiness needed.

Pros and Conditions of Discover Personal Loan

Pros Explained:

  • No Origination Fees: There will be no origination fee if you get a personal loan from Discover. There are some other personal loan providers to charge origination fees of 3.5% or more.
  • Maximum Repayment Terms is Long: Discover gives you as long as 84 months to repay your loan. So, the loan repayment term is long as compared to the others in the market.
  • Excellent Customer Satisfaction Ratings: It is tied for first place in the J.D. Power 2021 U.S. Consumer Lending Satisfaction Survey.

Cons Explained:

  • Most Qualifications Aren’t Disclosed: Discover mentioned that you need to be at least 18 years old, a US citizen or permanent resident, and have at least $25,000 in household income to qualify for the personal loan. But they didn’t disclose the other qualifications, such as the minimum credit score or debt-to-income ratios.
  • Maximum Loan Amount is Low: Discover only offers the loan up to $35,000. You will get many other lenders that offer maximum loan amounts of up to $50,000 or more.
  • Refinance Options are Limited: Once you have received a loan from Discover, you can change your payment due date up to two times. Unless you are experiencing financial hardship, other refinance options are not available.

Discover Personal Loan Apply –

If you are lucky enough to get an invitation ID, then you should consider this loan. To apply for the Discover Personal Loan, you have to follow these simple instructions below:

  • Firstly, you have to visit this link
  • There, you need to input your invitation ID and personal email address.
  • After entering the requested details, you have to click on the Continue option.
  • , you can simply follow the on-screen guideline to complete the Discover Personal Loan application procedure.


Discover Personal Loan Rates

  • APR Rates: 5.99% to 24.99%.
  • Average Origination Fee: 0%
  • Loan Amounts: $2,500 to $35,000
  • Loan Terms: 36 to 84 months

How to Make the Discover Personal Loan Repayment

These are the options available to you to pay off your Discover Personal Loan. You can select any of these methods below to make the payment for your loan:

Make Discover Personal Loan Payment Online

You can use the online payment option to pay off your Discover Personal Loan. To make the payment, you have to follow these simple instructions below:

  • Firstly, visit this link
  • There, in the login section, enter your valid login credentials.
  • Then, select the Personal Loan option from the drop-down menu.
  • After that, you need to click on the Log In button to access your loan account.
  • From there, you can easily pay for your Discover Personal loan.

Pay Discover Personal Loan Payment Online by Phone

You also have the option to pay for your Personal Loan using the automated phone service. In order to make the payment, you have to call 1-877-256-2632 from your phone. After calling on the above-mentioned number, you just have to select option 1. Then, simply follow the on-call guideline to pay off your Discover Personal Loan.

Discover Personal Loan Pay by Mail

You can also use the mail service to make the payment for your Discover Personal Loan. You have to send your personal loan payment to the address below:

Discover Personal Loans
P.O Box 6105
Carol Stream, IL 60197-6105

However, if you like to make payment using the overnight payment, then send it to this address below:

Discover Personal Loans Attn:
Lockbox Operations / 6105
2012 Corporate Lane, Suite 108
Naperville, IL 60563

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Discover Customer Service

If you have any questions about the Discover Personal Loan, then you can contact the customer service department.

Call At: 1-866-248-1255

Monday-Friday, 8 a.m.-11 p.m. ET

Saturday-Sunday, 9 a.m.-6 p.m. ET

For General Queries: 1-877-256-2632

Monday-Friday, 8 a.m. – 8 p.m. ET

Mail At:

Discover Personal Loans
P.O Box 30954
Salt Lake City, UT 84130-0954

FAQs about Discover Personal Loan

Q: Can you pay off a Discover personal loan early?

A: Yes, you can pay off your Discover Personal loan early with the no prepayment penalty.

Q: Is it difficult to get a Discover personal loan?

A: The minimum credit score of 660 is required for the Discover Personal Loan and your minimum household income of $25,000.

Q: How fast do you get a Discover Personal Loan?

A: Discover might qualify for your loan on the same day you apply. After you sign the loan agreement, Discover will find your loan on the next business day.


So, this is all about this article. Here, we have tried to provide all the important details that you need to know about the Discover Personal Loan. We think the above-mentioned details might be enough to apply for a personal loan. here, in this article, we have also tried to mention about loan repayment, customer service, and other things.

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