Original research

Discover personal loans: what to check before you borrow

What to check

Discover: the sources checked show no fee for making this loan. You still need to check interest and other charges. The legal lender listed in this record is Capital One, National Association. Confirm the name and terms on your own offer. These facts describe the dated sample, not a promised rate or approval.

By Rung Research · Snapshot September 5, 2026 · Dataset personal-loan-funded-cost@2026-09-05.collection.3

This 17-program sample is not the whole market and cannot predict your offer. CC BY 4.0 covers Rung-owned work, with third-party material excluded. This working report is public. Publisher review and third-party source clearance remain pending; no completed reviewer approval is claimed.

  • Published fee: 0%. Treatment: none.
  • Legal lender: The current terms identify Capital One, N.A., through its Discover division, as the maker of Discover Personal Loans.
  • State access: not fully established.
  • Still unclear from public sources: hard pull stage

These terms may not match your offer

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Discover terms checked September 5, 2026
What to checkPublished information
ProductDiscover Personal Loan
Provider roledirect lender
APR6.99% to 24.99%
Origination fee0%
How the fee is chargednone
Loan amount$2,500 to $40,000
Loan length36, 48, 60, 72, 84 months
State or access ruleUnited States subject to eligibility; minimum individual or household annual income is $25,000

With no origination fee, the loan amount can match the cash you get

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Discover: loan amount needed for each cash goal
Cash you needFee basisFee rateLoan amountFee removedFits published range?
$5,000no fee variant0%$5,000$0Yes
$10,000no fee variant0%$10,000$0Yes
$20,000no fee variant0%$20,000$0Yes

The legal lender may differ from the brand

Brand or platform: Discover, a division of Capital One, N.A.
Legal lender: Capital One, National Association
Servicer: Capital One, National Association

The current terms identify Capital One, N.A., through its Discover division, as the maker of Discover Personal Loans.

Public borrower data describes a group, not you

Where the evidence centers: prime center. Evidence type: active portfolio fico distribution. Confidence: medium.

Capital One reported that 94% of domestic personal-loan held-for-investment balances had refreshed FICO scores above 660 at year-end 2025.

People covered: Capital One domestic personal loans held for investment. Period end: 2025-12-31.

Most funded-loan records cover a limited group or period

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Discover: what the funded-loan records show
People or loans coveredComparison classScopePeriod endAPRWhy it stops
active portfolioBDomestic personal loans held for investment by Capital One at year-end 2025, including the acquired Discover business2025-12-31Not reportedThis is a period-end balance distribution, not an origination cohort. The portfolio may include personal loans not originated through the current Discover shelf. A refreshed FICO distribution cannot establish approval odds or offered APR for an individual applicant.

Your state or membership can change the answer

United States offering subject to eligibility.

Public map status: not fully established. Named as included: We could not confirm this. Named as excluded: We could not confirm this.

No named state-specific rule is recorded in the reviewed sources.

Confirm every answer the public pages leave open

  • hard pull stage
  • full state matrix
  • complete availability list
  • state-specific amount or term limits

Dataset personal-loan-funded-cost@2026-09-05.collection.3. Snapshot September 5, 2026. No independent reviewer is credited.

Check the next part of your offer

Use your current agreement as the final record.

Confirm your APR, fee, cash received, payment, total repayment, loan length, legal lender, and state rules.

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