Discover Credit Protection
Peace-of-Mind Protection for your Discover Personal Loan
It’s smart to plan ahead—and choosing Discover Credit Protection provides added security in the event of the unexpected.
If you involuntarily lose your job, are hospitalized or become disabled, Credit Protection allows you to put your Discover Personal Loan payments on hold for up to two years. During that time, you won’t have to make any payments and you won’t have any periodic finance charges, late fees or Credit Protection fees.
Choose from two affordable options:
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| Put payments on hold... | Up to two years if you: • Lose your job • Become hospitalized • Become disabled (accident or illness) • Take a voluntary leave of absence • Experience federal or state disaster |
Up to one year if you: • Lose your job • Become hospitalized • Become disabled (accident or illness) • Take a voluntary leave of absence • Experience federal or state disaster |
| Cancel your loan balance up to $25,000 |
In the event of your permanent disability or death |
Not available with Preferred product |
| Availability | All states other than AK, IA, NV, OR, RI, TN, WI, PR, GU and VI | All states |
| Monthly Fee | $10 per month ($120 per year) for every $100 of your scheduled monthly loan payment |
$6 per month ($72 per year) for every $100 of your scheduled monthly loan payment |
| Download Enrollment Form | Download Enrollment Form |
Your satisfaction is guaranteed
Change your mind? You can cancel within 30 days for a full refund. |
PUT CREDIT PROTECTION TO WORK NOW! Call 1-877-531-1806 to enroll or download the enrollment form, complete and return it:
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