Lending Information
Important Lending Disclosures
Read these notices together with the terms of any loan you are offered. Understanding the full cost of borrowing is essential before accepting credit.
Effective date: October 16, 2026
Credit approval and eligibility
All loan applications are subject to eligibility, credit review, identity and income verification, underwriting and applicable law. Not all applicants qualify. Starting or completing an application does not guarantee approval, a specific amount, APR, repayment term or funding. An offer is subject to the final written disclosures and executed loan agreement.
Loan amounts, rates, terms and fees
Discover Financial offers personal loans from $2,000 to $25,000 with repayment terms of 12 to 60 months. The displayed personal loan APR is fixed at 10%, subject to credit approval, eligibility and availability. The APR, loan amount, payment schedule and charges for any available loan will be disclosed before you agree to borrow. Review origination, late-payment, returned-payment and other charges in your agreement. A fee deducted from loan proceeds may reduce the money you receive. Any fees that apply to your loan are listed in your loan disclosures before you accept.
Credit inquiries and reporting
Using our loan calculator does not involve a credit inquiry. If your application requires a credit check, we will ask for your authorization first. Read that authorization to understand the type of inquiry and any effect on your credit score. Payment performance may be reported as described in your loan agreement; late or missed payments may affect your credit.
Funding and repayment
Funds may be disbursed only after final approval, completion of verification and acceptance of the loan agreement. Timing depends on bank processing, cutoff times, weekends, holidays and any further review. Funding speed is not guaranteed. You are responsible for payments under your agreement, including any applicable charges. Contact us promptly if a payment may be difficult.
Licensing and availability
Loans are offered only in jurisdictions where the lender is authorized to offer the applicable product. Availability, permitted uses, amounts, APRs, terms and borrower protections may vary by state. Contact Discover Financial LLC to confirm the legal lender, current license details and availability in your state before proceeding. No license number or regulatory endorsement is represented as verified on this website.
Privacy and communications
Read our Privacy Policy and the notices presented at each information-collection step. Any credit-check, electronic-delivery, payment or marketing authorization should be reviewed separately where applicable. Browsing this website does not by itself constitute consent to marketing calls or text messages. Do not send banking passwords, one-time codes or full account numbers by email or through the general contact form.
Responsible borrowing
Borrow only what you need and can reasonably repay. Compare APR, fees and total repayment with other options. Consolidating debt does not erase the debt and may increase the total cost if repayment is extended. A lower monthly payment does not necessarily mean a lower-cost loan.
Website information
Educational content and calculators provide general information, not individualized financial, tax or legal advice. Estimates are not approvals, personalized quotes or commitments to lend. Information on this website does not guarantee approval and is not a binding offer of credit. Product-specific disclosures and executed agreements govern any loan.
Questions about lending information?
Review the Privacy Policy and Terms of Use before submitting information. Never send sensitive banking credentials through unofficial channels. This website provides general information and does not itself guarantee approval or make a binding credit offer.