Compare TD Loans & Personal Lines Of Credit. In terms of needs that are borrowing there’s no one size that fits all.

Compare TD Loans & Personal Lines Of Credit. In terms of needs that are borrowing there’s no one size that fits all.

Find out about the differences between financing and A credit line.

Get and keep maintaining credit that is good

Find away what’s involved with getting credit, just how to maintain your credit rating healthy and much more.

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Transcript

Voice-Over

That will help you determine which lending that is financial could be suitable for you, keep carefully the after at heart:

Have you got a well-defined borrowing need with a specific objective – such as for example purchasing a motor vehicle, consolidating financial obligation or another major cost? Then that loan might be a much better choice. A lump is provided by it amount of cash in advance. You can easily 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.

If, having said that, you will need the flexibleness to borrow for many different requirements, and never having to re-apply each and every time, then a personal credit line might be a much better option – given that funds as much as your available borrowing limit are there any, once you want! And also you pay just interest about what you employ.

Talk with a TD agent to learn more about 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. Credit Line

Interest Fixed Variable

Weekly Bi-weekly Semi-monthly Monthly

Content in this video clip is actually for informational purposes just that can differ centered on specific circumstances.

Please talk to a TD banking expert regarding the specific requirements.

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

Transcript

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 urban myths is clicked and name appears.

Screen Text: Debunking credit score fables

Speaker: Unlike a conspiracy that is internet, credit ratings must not be frightening.

A meter advances from a reduced credit history to high credit rating. An automobile appears.

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

Re Payment title that is due. A hand clicks upon it, changing the name to pay for Bill.

Screen Text: Payment Due Pay Bill Minimal payment Paid

Speaker: Having a credit that is good history- and that means you make at least your minimal payment and constantly allow it to be on time – will allow you to attain an increased credit history.

A calendar is shown having a check mark by the end regarding the month.

Screen Text: minimal re re payment on time

A meter progresses from the lowest credit rating to credit score that is high.

Speaker: as a result can help help you get approved for credit for bigger purchases – like your home that is first the long term.

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

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Screen Text: make approvals easier

An envelope seems.

Speaker: Making your repayments on time pertains to all your valuable individual bills, together with your phone bill as well as other bills.

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

Screen Text: all of your bills that are personal Bill Paid

Speaker: additionally, make sure that you need and that you use them responsibly by staying within your credit limit that you only apply for credit products.

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

a wide range of bank cards circle the screen and one stops and remains on screen. The credit is showed by a credit meter card going above the restriction after which back in the goal area.

Screen Text: remain in your restriction

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

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

Screen Text: Apply Applying too often