4. Discover Personal Loan
Discover offers quick personal loans from $2,500 to $40,000 that you can take up to seven years to pay back. They have low-interest rates, but what rate you get depends on your finances. You can check your rate without hurting your credit score.
After checking your rate, you can finish applying online and get a decision on the same day. Once approved, if you accept the loan terms, you’ll get your money within one day. If you’re using the loan to pay off debts, Discover can even pay your creditors directly.
Pros:
- Prequalify without impacting your credit score.
- No origination fees or charges for early loan payoff.
- Often allows direct payment to creditors.
- Flexibility to change the payment due date.
Cons:
- A loan limit of $40,000 may be lower compared to some other lenders.
- Does not permit co-signers or co-borrowers.
- Potential for a $39 late fee for overdue payments.
Flip to the next page to find other best lenders for fast personal loans and fast cash in 2024.
