Yes 2 No 0. January 4th, Kirksville, MO. If you need assistance, please call us at Discover conducts a soft credit check to see if you qualify for a loan. As part of our service, we attempt to partner with all the companies that we review, and may get compensated when you click or call them from our site; however, regardless of any current, past, or future financial arrangements, companies listed on Best Company cannot buy their position, nor do we manipulate or inflate a company's ranking for financial gain. I called them and they said I agreed to it so I'm stuck now. Yep, that was the 'serious issue'.
Loans are fully amortizing personal loans as long as you pay on time. You must have a minimum household income of $25, to be considered for a Discover personal loan. A Discover Personal Loan cannot be used to pay for post-secondary education or to pay off a secured loan. Jun 18, · Discover personal loan review. To review Discover, NerdWallet collected more than 30 data points from the lender, interviewed company executives, completed the online loan Author: Amrita Jayakumar & Steve Nicastro. Discover recognizes that people and families have financial challenges. To help customers meet their obligations and pay for unforeseen expenses, large projects, or emergencies, the company has made personal loans available to its customers/5(25).
Min credit score Best for Good credit, debt consolidation. Best for Good credit, co-signers. Min credit score Typically above FreedomPlus and Wells Fargo also offer good-credit borrowers the option to pay off creditors directly. Discover conducts a soft credit check to see if you qualify for a loan. Once you proceed with your application, you will be subject to a hard credit check, which can temporarily lower your credit scores. It reports payments to all three credit bureaus.
NerdWallet recommends comparing loans to find the best rate for you. Click the button below to see estimated rates from multiple lenders on NerdWallet. NerdWallet does not receive compensation of any sort for our reviews. Read our editorial guidelines. NerdWallet adheres to strict standards of editorial integrity to help you make decisions with confidence.
Some of the products we feature are from partners. We adhere to strict standards of editorial integrity. Some of the products we feature are from our partners. I called in and went through a process called in the credit trade of 'breaking me'. Although my mid score was , high score of and my low score of , I was told that I had some 'serious issues'.
Yep, that was the 'serious issue'. No agruement from them that a 48 year credit history is otherwise perfect. The entire process of receiving a pre-approved offer of credit using my Transunion score was deceptive.
If you don't know, the data used for these pre-approved offers of credit the letter I received comes from credit bureaus that easily make the called selects day late termination fee event selectable. That means I should never have received the 6. Stating the entire process is online is deceptive.
If I had known that these folks are using mortgage deceptive credit techniques I would have thrown the letter away. Stay clear of this shady company!
I paid off my loan per the pay off amount provided by the company. Two months later Discover said the interest was incorrectly calculated and they applied two months of fees to an erroneous unpaid balance. I received an invitation to apply for their personal loan. What in the world does that mean? So, I called them to inquire and ask that my app be reviewed manually. She put me on hold 3x just to come back and tell me to call my own personal bank to ask them or call a financial advisor.
Why would I do that? THEY didn't deny me - Discover did! They are very incompetent there. I can't get a straight answer, so I asked for an address to mail a complaint. She said that she didn't have one, but she'd open a case for me and maybe someone would reach out to me. I am completely at a loss for words. The same thing happened to me years ago when I applied for their credit card, but they were able to review my report manually and approve me. This keeps happening only with THEM.
I am over it. I went through online process. After attempting to complete - everything got tripled. As in, all my credit card payoffs were going to paid three times. I recommend not using them. They tell you one thing over the phone and you agree then you get your packet and the rate shows different. I called them and they said I agreed to it so I'm stuck now. I called them when I noticed my rate being I have their credit card which I'm gonna cancel and I have the flyer saying loans and the recording from the guy on my phone.
They are liars and will get you. We applied for a debt consolidation and have excellent credit. When they have you call after approving for a offer percent of loan they make you tell them what your paying now before giving you a quote they offered us a ridiculous percentage. Our credit is way above excellent and what they make you think you will percentage get when applying for the loan is almost triple what they state you will qualify for. They didn't even try to negotiate a lower percentage rate.
Will not ever do business with this Company. Advertising is just a lure. The representative on the phone had the gall to offer me a She had no personality what so ever.
Point in case, stay away from Discover Personal Loans. I used Discover for my student loans. They worked just fine but I wish they were lower jajaja. I love the product Discover Personal Loan offers. I have had a discover card for several years and love their low balance transfer offers. I love working with their customer service department. If I ever have a question or concern I know I can call and my questions will be answered.
I am always treated in a professional manner. They new I was in bad need of a lone for medic. Then when I called to get the final ok on the lone I was told I would have to pay Non of witch are close to a max. Later when I found out my score was , and I called to ask why can't I get it lowered, I was told you agreed on the phone, so the Just keep paying it, or we will have to take legal action. Even though they lied about my score, I still have to pay the high interest.
This should not be allowed. I called and was approved immediately. I had the money in my account within 2 days after faxing my pay stubs in. I am so relieved that all my bills are paid off.
All I have to pay is this loan. That will be going right back on this loan to pay it off quicker. I was approved for a load sent in my docs waited 2 days I called Discover a lady was not knowledgable about anything on my loan app put me on hold for 4 min. I would not recommend them to anyone who is serious about securing a loan.
I have good credit and make good money these folks wasted 4 days of my time. I am a Discover customer that was approved online for a consolidation loan but was denied by phone because they refused to use my entire income.
I already have a Discover credit card with a pretty nice credit limit. How are these not the same when they're both through Discover? Don't bother with them they just Scam you. If you email them they just say to call. What the point of emailing. When you send extra money to pay your loan down fast they take it for them selfs. Discover's customer service is bottom to none. I can't imagine anyone having anything but a good experience with their phone-based customer service.
That's honestly one of the reasons why I got a personal loan from Discover instead of one of the P2P lenders or lending marketplace. If you're looking for a loan that is not a home or student type loan and you have good credit, Discover Personal Loans is the way to go!
High APRs are the standard. Used the loan for debt consolidation and Discover sent payments directly to creditors Got two different stories from two different CS reps about how this would be resolved and it still hasn't 18 days later while I continue to accrue interest.
Personal loan and Discover Card require two completely separately online log ins. They cashed the check and I sent them proof however they kept calling me stating I owe them a payment.