Discover personal loans are a great way to get the money you need for a variety of expenses. But before you apply, it’s important to know what information Discover will ask for.
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What is a Discover Personal Loan?
A Discover personal loan is an unsecured loan that can be used for a variety of purposes, including consolidating debt, financing a large purchase, or paying for unexpected expenses. The loan terms range from 36 to 84 months, and you can borrow up to $35,000. Discover offers fixed-rate loans with competitive interest rates and no origination fee or prepayment penalty.
How to Apply for a Discover Personal Loan?
To apply for a Discover personal loan, you’ll need to provide some personal and financial information. This includes your name, address, date of birth, Social Security number, employment information, and income. You’ll also need to have a valid email address and phone number.
What Information Does Discover Ask for Personal Loan?
Information about you: To start the personal loan application process with Discover, you’ll need to provide your name, address, date of birth, Social Security number and email address. You’ll also need to agree to the terms of the application and provide your signature.
Information about your employment and income: During the application process, you’ll need to provide information about your employment status and income. You may be asked to provide your employer’s name and contact information, as well as your job title and how long you’ve been employed. You’ll also need to provide information about your monthly pre-tax income. If you’re self-employed or retired, you’ll need to provide additional information about your income.
Information about your debts and expenses: In order to assess your ability to repay a personal loan, Discover will ask for information about your current debts and expenses. This includes information about any outstanding balances on credit cards, student loans or other debts. You’ll also need to provide an estimate of your monthly expenses, including housing costs, transportation costs, child care costs and other necessary expenses.
How to Get the Best Personal Loan Rate from Discover?
To get the best personal loan rate from Discover, you’ll need to have a good credit score and a strong financial history. You’ll also need to be a U.S. citizen or permanent resident, and you’ll need to be 18 years or older.
How to Make Personal Loan Payments to Discover?
If you have a Discover personal loan, you’ll need to make payments to Discover. You can do this online, by phone, or by mail.
To make a payment online, log in to your account and go to the “Make a Payment” section. Enter the amount you want to pay and the date you want it to be processed, then click “Submit.”
To make a payment by phone, call 1-800-347-2683 and follow the prompts. You’ll need to provide your account number and routing number.
To make a payment by mail, send a check or money order to:
P.O. Box 30943
Salt Lake City, UT 84130-0943
Discover Personal Loan Customer Service
When you apply for a personal loan through Discover, you will be asked for your name, address, date of birth, Social Security number, phone number, employer information, income, and bank account information. You will also be asked to provide your driver’s license number or other state-issued ID.