These conditions and terms describe the eligibility and policies for the attention price decrease linked to the interest-only payment choice. “You” describes the consumer. “We” means Discover Bank.
Note: If you choose an in-school repayment loan choice through the application procedure, you might be also qualified to receive the Auto Debit Reward. It is possible to get the Auto Debit Reward, while signed up for the Auto Debit payment system for the agreed payment that is in-school throughout the in-school and elegance periods. Whole principal and interest re re payments is going to be debited if the loan gets in the Repayment Period, as defined within the Promissory Note.