Discover will send you an application in the mail saying you are a "prefered customer" eligible for up to a $25K loan @ 7.99%. No matter what your credit score, you are not likely to get this loan.
Seems they want all your personal and financial information but aren't really interested in loaning money. My credit score is around 700, I just paid my discover card off, and refi on my house. I wanted to pay off my other card @ a higher rate and finish my porch on my house. Only was looking at $10K.
Sounded easy and convenient. What a waste of time!
Review about: Discover Personal Loans Loan.