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Discover online bank is one of the main financial institutions that offer their products exclusively through the Internet in the United States, without having physical offices to serve their customers, as is also the case of other banks such as Ally Bank or Axos Bank.
These entities offer many advantages, and from Busconómico we always recommend them if we can afford to do all the paperwork online. One of their biggest advantages is the absence of the main fees, as is also the case with Discover Bank's personal loans.
With this online bank it is possible to get financing for any purpose, up to $40,000, which you can use to consolidate debts, organize a wedding, pay medical expenses or renovate your home. For larger amounts, you can use the bank's mortgage loans.
Discover also allows you to obtain money to pay for your studies with its student loan, with which you can finance both tuition and material and living expenses during the academic stage.
The contracting of these personal loans is done through the bank's website or its mobile application, but always 100% online. Any document you are asked to provide can be scanned or photographed.
As we have already mentioned, with Discover loans you don't have to pay a study or origination fee, or prepayment fees. In addition, the interest rates are very competitive and offer you better conditions than with traditional banks.
Español: Préstamos personales de Discover Bank