Who can apply for a TD Bank personal loan?
The TD Bank personal loan is available to residents of Connecticut, New Jersey, Delaware, New York, Washington D.C., North Carolina, Florida, Pennsylvania, Maine, Rhode Island, Maryland, South Carolina, Massachusetts, Vermont, New Hampshire, and Virginia. Applicants must be at least 18 years old and have an active checking account.
Additionally, a stable source of income and meeting the bank’s credit criteria are essential. TD Bank conducts a credit analysis to assess eligibility, considering factors such as credit history, income, and debt-to-income ratio.
Requirements to obtain a TD Bank personal loan
✔ Identification document
✔ Proof of address
✔ Social Security Number or Individual Taxpayer Identification Number
✔ Employment and income history, as well as expenses like mortgage or rent
✔ Other requirements may apply
A tip for you!
It is essential to assess your current financial situation before applying for a loan and determine the exact amount you need. Avoid borrowing more than necessary, as this could lead to higher monthly payments and increased total loan costs.
Also, consider the repayment term that best fits your budget. Longer terms may result in lower monthly payments, but the total loan cost will be higher due to accumulated interest. On the other hand, shorter terms mean higher payments but lower overall costs.
What are the rates for a TD Bank personal loan?
TD Bank personal loan interest rates range from 8.99% to 23.99%, depending on the applicant’s credit analysis. These fixed rates ensure that your monthly payments remain constant throughout the loan term.
How to apply for a TD Bank personal loan?
To apply for a loan, visit the official TD Bank website and provide your information to receive a personalized quote with no impact on your credit score. If you are satisfied with the options presented, you can proceed with the online application by submitting the necessary documents and awaiting approval.
If approved, the funds will be available in your account within one business day.
Click the button below to access the TD Bank Personal Loan page and start your application today.