Discover Personal Loans Customers Said They Saved Money When Consolidating Debt
08 Gennaio 2019 - 10:00AM
Business Wire
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,” 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.”
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.
ABOUT SURVEY
All figures are from an online customer survey conducted July 27
to August 12, 2018. A total of 638 Discover personal loan customers
were interviewed. All results @ a 95% confidence level. Respondents
opened their personal loan between December 2017 and June 2018 and
fell into one of two groups; 532 = debt consolidators and 106 =
non-debt consolidators.
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version on businesswire.com: https://www.businesswire.com/news/home/20190108005319/en/
Media ContactSarah Grage
SilbermanDiscover224-405-6029sarahgragesilberman@discover.com@Discover_News
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