TD Banks Personal Loan Review 2022 | Get 50K Loan with No Credit Check

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Editorial Note:  MakeHelpOf does not receive any commission from any website or third-party advertisers. It’s accurate to the best of our knowledge when it’s posted. {alertInfo}


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TD Bank Overview

TD Bank offers unsecured personal loans with low APR and fast funding. Even non-customers can get a personal loan from this bank. You get a $2,000 to $50,000 personal loan with bad credit and even without a credit check. Yes, they also offer the soft pull check option which won’t affect your credit score. Read the full review of the TD Bank Personal Loan Below; 

Pros

  • Loan amount starting from $2,000 – $50,000
  • Soft Pull Credit check available
  • TD Bank charges No origination or prepayment fees.
  • Able to fund loans the next business day.{alertSuccess}

Cons 
  • TD Bank is Available in a limited number of states.
  • TD Bank does not offer direct payment to creditors with debt consolidation loans.
  • Charges a late fee.   {alertError}

 

Can Be Used as Debt Consolidation Loan

TD Bank offers personal loans for many purposes such as debt consolidation, home improvements, and big purchases. So if you are looking for a big loan amount then TD Bank can be the best option for you if you have a bad credit score.

Annual Interest Rate and Fees

TD Bank offers an estimated annual interest rate of 5.99% – 19.99%, which is lower than what other banks charges. The annual rate depends upon your credit score and your creditworthiness. It is highly advisable to check what percentage of APR you are getting before accepting the loan 

There is no Origination fees and No pre-payment panelty. But they do charges a late fees. 

Minimum Credit Score Required

At TD Bank the minimum credit score requirement is not disclosed that’s why people with bad credit can also apply here and get approved for the loan.

Offered Loan Amount

TD Bank offers personal loans from $2,000 – $50,000. 

Eligibility Criteria 

There are some basic requirements you should fulfill before taking a bad credit loan. Here is the list :
  1. You should be at least 18 years old
  2. You must be a United States citizen or have a US Visa
  3. You must have a valid active US bank checking account
  4. You have to provide a valid email address and a phone number

Required Documents

  • Valid Identity Proof, VIsa
  • Have to provide a DOB.
  • Valid current mobile number and Email id.
  • An active American bank account.

Repayments Terms

The repayment term of the TD bank personal loan is from 36 months to 60 months. You can even repay your loan before the repayment terms, and it doesn’t even cost you any fee. as there is no pre-payment penalty. 

Example of the TD Bank loan

A four-year, $20,000 loan with a 15.5% APR would cost $562 in monthly payments. You’d pay $6,962 in total interest on that loan.

How to Apply for TD Bank :

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Who is this loan good for

  • People who want  a fixed rate easy fix rate personal loan
  • People who want fast funding within 48 hours.  
  • Borrowers who want the option of completing a loan application process by visiting a bank branch in person.

Editorial Note:  MakeHelpOf does not receive any commission from any website or third-party advertisers. This is just a review article based on consumers’ experiences from the internet. It’s accurate to the best of our knowledge when it’s posted. Please read all the information carefully before you make any decision. {alertInfo}