Nov 26 2020

Compare TD Loans & Credit Lines. With regards to borrowing needs – there’s no one size that fits all.

Compare TD Loans & Credit Lines. With regards to borrowing needs – there’s no one size that fits all.

Read about the distinctions between that loan and A personal credit line.

Get and continue maintaining credit that is good

Find down what’s involved with getting credit, just how to keep your credit history healthy and much more.

Have to communicate with us directly?Contact us



That will help you determine which lending that is financial could be best for your needs, maintain the after at heart:

Are you experiencing a well-defined borrowing need with a specific objective – such as for instance purchasing an automobile, consolidating financial obligation or any other major cost? Then that loan may be a much better choice. It offers a swelling sum of cash at the start. It is possible to choose a hard and fast or variable interest rate… and choose your re re payment regularity which range from regular to biweekly, semi-monthly or month-to-month.

Then a line of credit may be a better option – as the funds up to your available credit limit are there, whenever you want if, on the other hand, you need the flexibility to borrow for a variety of needs, without having to reapply every time! And also you pay just interest about what you utilize.

Talk with a TD agent for more information on which solution might be suitable for your borrowing requirements!

On-Screen Graphics

Loan vs. Loan vs. lend Loan vs. credit line Loan vs. uncover cash on ground

Loan vs. Personal Credit Line

Interest Fixed Adjustable

Weekly Bi-weekly Semi-monthly Month-to-month

Content in this video clip is for informational purposes just and can even differ considering specific circumstances.

Please talk to a TD banking specialist regarding the needs that are particular.

В® The TD logo along with other trade-marks will be the home for the Toronto-Dominion Bank.


Topic suggestion from search bar pops up when text is typed.

Screen Text: Debunking credit score urban myths Big Foot Debunking goat that is debunking yoga

Debunking credit score myths is clicked and name seems.

Screen Text: Debunking credit score fables

Speaker: Unlike an internet conspiracy theory, credit ratings must not be frightening.

A meter advances from a minimal credit rating to credit score that is high A motor vehicle seems.

Speaker: They suggest exactly how well you manage your credit re payments.

Re Re Re Payment title that is due. A hand clicks onto it, changing the name to cover Bill.

Screen Text: Payment Due Pay Bill Minimal re payment Paid

Speaker: Having a credit that is good history- and that means you make at the very least your minimal payment and constantly ensure it is on time – makes it possible to attain an increased credit history.

A calendar is shown by having a check mark by the end of this thirty days.

Screen Text: minimal re payment on time

A meter advances from a minimal credit history to high credit history.

Speaker: as a result will help allow it to be simpler to get authorized for credit for bigger purchases – like your home that is first the long term.

A agreement seems and it is being finalized. A residence is shown.

Screen Text: make approvals easier

An envelope seems.

Speaker: Making your repayments on time relates to your individual bills, as well as your phone bill as well as other bills.

A bill is revealed within the envelope. A phone seems with a Pay Bill symbol. The symbol is clicked and modifications to Paid!

Screen Text: your entire individual bills spend Bill Paid

Speaker: additionally, make certain you just submit an application for credit items that you want and that you utilize them responsibly by remaining inside your borrowing limit.

Screen Text: just submit an application for credit items you will need

a quantity of bank cards circle the screen and one stops and remains on screen. The credit is showed by a credit meter card going over the limitation then back to the goal zone.

Screen Text: remain in your restriction

Speaker: Finally, keep in mind not to ever submit an application for credit numerous times more than a period that is short this too can adversely influence your credit rating!

A meter advances from the credit that is high to low credit history being a hand clicks an Apply symbol many times.

Screen Text: Apply Applying many times