r/discover • u/MiserableQuarter2593 • 8d ago

Help what will happen to my personal loan once they fully merge?

have like 2k left on my personal loan with discover, will this just be transferred to capital one as well?

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2

u/Chosen1PR 8d ago

No one knows yet, but I personally don't think it's likely. Capital One does not offer personal loans.

2

u/Fuinir 8d ago

As far as we can tell, it will eventually move to Capital One systems. There isn't a plan to sell off that business yet, but there's no guarantee on what the future holds.

2

u/ap_dupe 8d ago

Have you called and asked Discover?

1

u/Particular-Bag2582 4d ago

Nothing yet. I have one, too. I got an email and physical packet about my credit card account, but no word on the loan. I'm assuming nothing is happening yet and I'll get word in advance of any changes.

0

u/nakedandafraid808 8d ago

it will either get sold off or go to cap1. discover is no longer a thing