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Discover Bank Loans

The Discover Bank offers two types of loans i.e. personal and student loans. These loans provide financial support to those who ever needs financial assistance for higher education at colleges and universities as well as for other personal expenses. In fact these loans are available in various options of terms with certain fixed interest rates depending upon the types of the loan.

Discover Bank Student Loans

Basically the Discover Bank student loans are available in two major types which are classified as college and graduate school loans. The following types of loans are offered by the bank for both college and graduate school.
  • Federal Stafford Loans
  • Federal Parent Plus Loans
  • Certified Private Loans
These loans are featured with several benefits such as 2% graduation reward, fixed interest rates, 0.25% auto debit reward, zero origination fees and many more. They also provide loan amount upto the cost of attendance of the students deducting the amount of financial aid obtains by the students from any other sources. For instance the cost of attendance is $20,000 and the available financial aid is $8,000, then the eligible loan amount will be $12,000 after deducting the financial aid. Further information on interest rates, terms and other benefits about the Discover Bank student loans, you can visit the following website.

Besides, one can apply these loans by phone at 1-877-728-3030 and for any kind of assistance one can also contact the customer service by mail at the following addresses.

Customer Service

Regular Mail:
Discover Student Loans
PO Box 30947
Salt Lake City, UT 84130-0947

Special Delivery:
Discover Student Loans
5420 W 1730 S
Salt Lake City, UT 84104

Borrower Payments:
Great Lakes — Borrower Services
PO Box 3059
Milwaukee, WI 53201-3059
Fax: 1-877-239-8214

Discover Bank Personal Loans

Discover personal loans are offered with various advantages and benefits. These loans are unsecured and available on the installment basis. At present the bank offers the loans amount upto $25,000 with a fixed monthly payment and low interest rate. In addition, these personal loans are offered in a certain flexible terms ranging from 36 to 84 months. On the other hand there is no penalty for early repayment and even the bank already waived off the collateral, security and annual fee.

The Discover Bank personal loan information can be accessed online by login through the "Account Log in Center". After login into your account, you can view the statement, due date for the next payment and balance of the loan etc. Besides, one can enroll for the credit protection facility as well as the forms for setting up the automatic payments can also be downloaded. You can refer the following website for detailed information on personal loans.

The loan payment can be made in several ways such as by phone through the automated phone system, online through the Discover DirectPay or by mail. You can choose any one of the way mentioned above which is more comfortable and convenient.

You can call at 1-877-256-2632 and follow the instructions to make the payment by phone.

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

For further detailed information on discover bank loans, rates, card, scam and others, you can refer the FAQs and other resources available on the following websites.



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