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Discover Personal Loans Customers Said They Saved Money When Consolidating Debt

According to a survey from Discover Personal Loans, 79 percent of their
surveyed customers said they saved money by consolidating debt with a
Discover personal loan, with the majority of debt consolidators saying
they saved an average of $308 per month.


Eighty one percent of surveyed customers reported they were able to pay
off existing debt sooner with a Discover personal loan, with 59 percent
reporting that they paid it off an average of two years earlier. The
survey also found that 80 percent of debt consolidation customers said
that they felt less stressed after consolidating debt with a Discover
personal loan.


"The majority of our customers take out a Discover personal loan to
consolidate their higher interest debts,a?? said Dan Matysik, vice
president of personal loans at Discover. "This helps people take greater
control over their finances, potentially pay debt off faster and save
money on interest.a??


Discover personal loans for debt consolidation are designed to help
customers accomplish their financial goals and can save them money on
interest and time. Discover Personal Loans offers fixed-interest rates,
no origination or pre-payment fees, and several repayment terms to
choose from.


About Discover


Discover Financial Services (NYSE: DFS) is a direct banking and payment
services company with one of the most recognized brands in U.S.
financial services. Since its inception in 1986, the company has become
one of the largest card issuers in the United States. The company issues
the Discover card, America's cash rewards pioneer, and offers private
student loans, personal loans, home equity loans, checking and savings
accounts and certificates of deposit through its direct banking
business. It operates the Discover Global Network comprised of Discover
Network, with millions of merchant and cash access locations; PULSE, one
of the nation's leading ATM/debit networks; and Diners Club
International, a global payments network with acceptance in 190
countries and territories. For more information, visit www.discover.com/company.
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