TD Canada Trust was founded in 2000, has 1,100 affiliates, 2,600 ATMs and has served more than 10 million Canadian customers. It is a company that offers a range of services such as mortgage personal loans, insurance, asset management, investments and others. The bank offers financial solutions for personal clients, companies and institutions.
The company marketed itself as the bank that is always available to the customer, because many agencies run saturdays and sundays, time that other banks are not usually open.
In this particular article, we will know more details about the TD Personal Loan. If you are thinking of applying for a personal loan or want to know more about it, this may be an article that will interest to you.
TD Personal Loan
The reasons for applying for the TD Personal Loan can be several: debt consolidation, wedding expenses or other special events, travel abroad, medical expenses, home renovation, purchase a new car and others. The reason will be asked at the time of application, but personal and financial information is more important.
At TD Personal Loan you can get up to $ 50,000 borrowed, which must be repaid within 6 months to 84 months (7 years).
It is also important to note that the values and deadlines will be analyzed by bank specialists, who will help create a payment schedule and deadlines that will work for each person.
Rates – TD Personal Loan
On TD Personal Loan you can choose if you prefer the fixed or variable interest rate.
With Fixed interest rate the payment is monthly and will always be the same amount, without bad surprises. This fee will only be available during the application, but will vary around 6.99% and 18.99%
If you choose the variable interest rate, it is important that you know that it will always change according to the TD prime rate. On the other hand, it may be a benefit in months when the interest rate is low.
The application – TD Personal Loan
The application for the TD Personal Loan can be done online, by phone or in person, by arranging an appointment with an expert at the agency nearest to you.
This is a fast and simple process! It does not take more than a few minutes.
What documents and requirements are needed? – TD Personal Loan
To make the application fast, it is interesting that you already know what documents and information will be required. Let’s take a look below.
– Name, Address, Date of Birth and Social Insurance Number
– Employments and Income Details – Your assets, such as a car, bank account and others
– What is the reason for the loan?
– Your Liabilities, including any loans, credit card balances, mortgages and the total of your monthly payments
It is also important to say that it is necessary for the TD personal loan be over than 18 years old.
Advantages – TD Personal Loan
The TD Personal Loan has some advantages that can be very useful for those who are looking for a personal loan or who are in doubt of which company to choose
.- It is a safe and recognized bank
– It is possible to choose betwenn fixed or variable rates
– Flexible Terms (from 6 to 84 months)
– Easy and very simple Application.
– Just some documentation and requirements
Useful Information – TD Personal Loan
TD Personal Loan
Website:https://www.td.com/ca/en/personal-banking/products/borrowing/loans/benefits-of-a-personal-loan/
