Personal loans · Methodology v2026.08 · graded 2026-09-05
Discover Personal Loans grades A (94.3/100) for personal loans under our published rubric, with 5 of 7 dimensions scored — 70% of the rubric's weight, so the grade is provisional. Every number below links to the lender’s own page or a regulator’s record, with the date we retrieved it.
Discover Personal Loans
Capital One, N.A. (Discover Bank was merged into Capital One, N.A. following Capital One's 2025 acquisition of Discover Financial Services; the site now identifies itself as 'Discover, a division of Capital One, N.A.')
100/100
Both a minimum and a maximum APR are published, sourced from the lender's own official page (retrieved 2026-08-24).
80/100
Maximum published APR is 24.99%, 11.01 percentage points below the 36% Military Lending Act benchmark (10 U.S.C. § 987; 32 CFR Part 232).
100/100
Maximum origination fee is 0% of the loan amount, against the 0%–8% range this methodology treats as typical for this loan category.
A regulatory-enforcement-record search has not yet been completed for this lender. This is a research gap, not a clean bill of health.
No CFPB complaint-volume figure has been mapped for this lender yet.
100/100
Verified via federal charter: Capital One, N.A. — federally chartered national bank, verifiable via FDIC BankFind.
100/100
4 of 4 structural terms are clearly disclosed on the lender's own materials — disclosed: Prepayment penalty policy, Late fee amount or policy, Loan amount range, Loan term range.
See Discover Personal Loans’s own rate page · Graded 2026-09-05 under methodology v2026.08.
The weights and thresholds are published on the lender grades criteria page before any grade, using numbers fixed in advance. A stranger can take the same public facts cited here and reproduce this grade by hand. A dimension only scores when a real, sourced number exists for it — when one is missing we say “not yet researched” instead of averaging it away, and the “% of rubric scored” figure above is the exact fraction of the published weight this grade rests on.
5 of the 7 published dimensions — cost transparency, cost level vs. mla benchmark, fee burden, licensing verifiability, terms clarity — each backed by a published number, a source URL, and a retrieval date. That is 70% of the rubric's total weight, which is why the grade is labelled "Provisional". The remaining 2 (regulatory record, complaint density) are not scored yet; we say so rather than guess.
No. It is an educational summary of public facts about Discover Personal Loans's published terms and public record under a rubric fixed in advance (methodology v2026.08). It is not legal or financial advice, and a grade cannot tell any one borrower whether a loan fits their situation.
When to talk to a professional
If your situation involves a lawsuit, court deadline, garnishment, or a decision you cannot undo, a licensed attorney in your state can give advice this site cannot. Many offer free consultations, and you may qualify for free help from legal aid or your state bar lawyer referral service.
Educational information — not advice
This page provides general educational information about credit, debt, and consumer protections. It is not legal advice, financial advice, or credit repair services, and reading it does not create any professional relationship. Laws, procedures, deadlines, and dollar amounts vary by state and change over time.
For advice about your specific situation, consult a licensed attorney or qualified financial professional. See our full disclaimer.