Debt Consolidation Loans - Apply | Discover Personal Loans (2024)

Move forward with a debt consolidation loan from Discover®

Get up to $40,000 to consolidate debt.

Check Your Rate It won't impact your credit score

How can a debt consolidation loan help you reach your goals?

A debt consolidation loan allows you to combine multiple higher-rate balances into a single loan with one set regular monthly payment. It is one of several tools you might consider to gain control of your debt, from bills to credit cards. With a Discover® personal loan, for example, you can apply for up to $40,000. With rates from x to x APR, we could help you save money on higher-rate interest and pay off your debt sooner.

Which consolidation option is right for you?

Debt consolidation isn't one-size-fits-all. That's why Discover offers solutions to help you consolidate your debt in a way that works for you.

Personal loans for debt consolidation

With a debt consolidation loan, you can save money on higher-rate interest with a lower-rate loan
Personal loans can be used to consolidate bills and credit card debt
Choose a repayment term that works for you, from 36- to 84-month terms
Pay off your consolidated debt with one set regular monthly payment
Borrow between $2,500 and $40,000 with a Discover personal loan

Balance transfers for credit card debt

Balance transfers let you use the available credit on a credit card to pay off other debts
The consolidated debt amount is added to your credit card balance
When you complete a balance transfer, you can save money with a low promotional APR for a set period
You'll also still take advantage of one set payment instead of many
Transfer a balance with Discover Card

How can you start consolidating debt?

A personal loan for debt consolidation can help you feel in control and get excited about your financial future. Here's how you can start on the path to a brighter future with Discover Personal Loans:

See what personal loan offers you qualify for
Complete a personal loan application in minutes
Get an approval decision
Your funds can be sent on the next business day
Pay off your loan; you can choose to have the money sent to your bank account or directly to your creditors as soon as the next business day after you are approved for and accept the terms of your loan.

Ready to move toward a debt-free future?

Check Your Rate

See how much you could save with a Discover personal loan

Here's what you told us

Your Credit

Total Debt

Average APR

Total Monthly Payments

Here's how we can help

Save Money

Less Interest

Save Time

Sooner Payoff

This estimate maintains your current monthly payment for a term at APR with a total loan cost of .

Rates are calculated based on Discover application data as of2/12/2024.

How this result was calculated

Any interest and the time savings shown are only estimates based on your selected inputs and are for reference purposes only.
The calculation assumes that the monthly payment amount that you will pay to cover the Discover personal loan will be the same as the monthly payment on the debts that you listed with your selected inputs above. Your actual monthly payment may be less and your actual terms may be longer for your Discover personal loan.
Your actual APR will be between x and x based on creditworthiness at time of application and will be determined when a credit decision is made and may be higher.
The actual term of your loan will be based on your selection at the time of application.

See if you qualify for this loan with no impact to your credit

Check Your Rate

Your APR will be between x and x APR based upon creditworthiness at time of application. Information and interactive calculators are made available as self-help tools for your independent use and are intended for educational purposes only. Any results are estimates and we do not guarantee the applicability or accuracy to your specific circ*mstance. For customers with less than Good credit, a Discover personal loan may not be the right debt consolidation solution.

We're unable to provide an estimate

Based on the information you entered, consolidating debt with us may not save you money. Feel free to give us a call to speak with a dedicated loan specialist if you have additional questions or would like to explore other options.

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Need to borrow more?Discover® Home Loansmakes mortgage loans between $35,000 and $300,000.

Your current debt entered is too low or too high to consolidate with a Discover personal loan

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We offer one of the best personal loans to consolidate debt.

Don't just take our word for it. See what our customers have to say.

Click here to see all Reviews

Discover is Amazing

My loan experience with Discover has been worry free, easy, and fast. The process and customer service staff are amazing. I would recommend them to everyone.

-Villarreal, 9/6/23

Very happy with entire process!

"Extremely satisfied with process for obtaining a personal loan with Discover. Wonderful, helpful and very professional customer service from all I encountered!"

-Amc22, 8/23/23

Easy to Apply, Excellent Customer Service

"This was our second time consolidating bills with Discover personal loans, it's easy to apply and the customer service is second to none!"

-Joe23, 9/7/23

Frequently asked questions about debt consolidation

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