Discover Bank is a student loans lender based in Greenwood, DE. It was founded in 1960 and offers student loan refinancing in 50 states across the USA (and Washington, DC).
Discover Bank offers variable rate APRs that range from 4.61% to 8.86%.
Discover Bank offers fixed rate APRs that range from 5.24% to 9.23% APR.
Discover Bank requires borrowers to have a balance of at least $1000 to process a student loan refinance application.
No, Discover Bank does not charge a loan origination fee.
Discover Bank provides refinancing loans of 10 to 20 years.
Borrowers can add a cosigner to the loan to either meet eligibility requirements or qualify for lower interest rates.
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