Discover Card

Telephone	800-347-3152
Payment Percentage of balance	2.25%/ 2%/1.75% Some may require +3%
Payment Minimum Amount	$15.00 / Some $35.00
Charge Free Period	N/A
Acct Required to be Open	9 Mo
CSP/Hardship programs	Yes
DMP Interest Rate	11.99%/ 9.99%/6.99%/ 1.99%
Waive late fees	Yes
Waive over limit fees	Yes
DMP benefits begin	Upon proposal acceptance
Re-Age	Yes, automatically after third accepted DMP payment, if eligible
Restructure	No
Recall	Yes, depends on the agency handling and their preference.
Due Date Changes	Yes
Charge Off Period	210 days
Drop Policy	Account drops when it reaches 60 days delinquency. It doesn’t have to be consecutive.
Internal hardship/ Promotion Policy	Accts already on internal plans are not eligible for DMP until they expire. Send new proposal once it has been removed.
Misc. Information	Some cards require $35 MMP or +3% of balance, due to contractual requirements. Clients can find information on their monthly billing statements.