TD Bank title logo

Our Rating: 86%


TD Bank Personal Loan Review

Loan Amount:
$2,000 - $50,000
Minimum Credit Score:
APR IconAn illustrated APR Icon.
APRs From:
6.99% - 18.99%
Funding Speed:
As fast as one business day

Features of TD Bank Personal Loans

One of the frustrating things you can ever experience is being in a situation where you need instant cash, but you have no resources or savings. The good thing is you can take advantage of a personal loan.

Does TD bank do a personal loan? The bank is known for its secured and unsecured personal loans. Plus, you do not need to be their member to apply for a personal loan.

On the other hand, TD Bank is highly recommended for those who have good to excellent credit scores. The bank is also an idea if you want to keep your financial accounts in one place. That is because the bank’s rates are higher than other lenders that require good to excellent credit scores.

Continue reading, and you will discover how to get a personal loan from TD Bank.

About TD Bank Personal Loans

TD Bank is known for its secured and unsecured personal loans. Plus, you do not need to be their member to apply for a personal loan.
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Est. APR
7.99% - 29.99%
Est. APR
6.99% - 18.99%
Est. APR
9.99% - 35.99%
Est. APR
99% - 199%
Loan Amount
$7,500 - $40,000
Loan Amount
$2,000 - $50,000
Loan Amount
$2,000 - $25,000
Loan Amount
$500 - $4,000
Loan Terms
2-5 Years
Loan Terms
1-5 Years
Loan Terms
2-4 Years
Loan Terms
1/2-2 Years
Min. Credit Score
Min. Credit Score
Min. Credit Score
Min. Credit Score
Not Specified

TD Bank Personal Loan Snapshot

Loan Amount:

$2000 – $50000


6.99% to 18.99%

Minimum Credit Score:


Time to Funding:

As fast as one business day

Has Origination Fee:


Origination Fee: Not Applicable

Get Pre-Qualified for a Personal Loan Today
What loan amount would you look to borrow?
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Are TD Bank Personal Loans Available in your State?

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Loan Terms

You can choose from secured and unsecured personal loans. However, if you wish for more flexibility, you can take advantage of the unsecured personal line of credit.

Unsecured Personal Loan 

If you choose the unsecured personal loan, you can borrow anywhere from $2,000 and $50,000. The repayment terms are from one to five years. The bank also offers an unsecured loan express version. This loan version allows you to borrow up to $15,000. You can get the fun in as fast as two days.

Unsecured Personal 

For a more flexible personal loan option, TD Bank offers an unsecured line of credit. This loan comes with long terms.

Secured Personal Loan 

If you need over $50,000, you can opt for a secured loan. This loan is made up of your deposit account value with one to five years repayment terms.

To give you a bigger picture of the TD personal loan terms and requirements, check out the comparison table below:


Type of Personal LoanLoan Range AmountAPR RangeFeesLoan TermsRepayment OptionsDirect Payment to Creditors
Unsecured Personal Loan$2,000 - $50,0006.99% - 18.99% with AutoPay  No origination fee

  No repayment penalty

  No check processing fee

  No Return Payment Fee/NSF

  Lesser  of  5% of minimum payment due or $10 late payment fee

1 to 5 yearsMonthlyNo
Unsecured Personal Line of Credit$20,000 - $50,00010.50% - 15.50% with AutoPay  $25 annual fee

  No repayment penalty

  No check processing fee

  No Returned Payment Fee/NSF

  Lesser of 5% o monthly past due or $10 late payment fee

10 years draw period followed by 10 years repayment periodMonthlyNo
Secured Personal Loan$5,000 - $50,0007.92% variable rate  $50 origination fee

  No repayment penalty

  No check processing fee

  No Returned Payment Fee/NSF

  No late payment fee

1 to 5 yearsMonthlyNo

TD Bank serves the East Coast, including Washington D.C., Maryland, Florida, Virginia, Pennsylvania, New Jersey, and New York.

How to get a Personal Loan with TD Bank

TD Bank Personal Loan Application Process 

For a line of credit or personal unsecured loan, you can apply online. However, you need to visit the TD branch to sign the closing paperwork. You need to call or visit the branch if you need a secured loan.


Application ProcessOnline and In-Branch Visit (Line of Credit and Unsecured Loan Only, By Phone or In-Person
Time to Get Funds2+ days
Credit ReportingYes
Credit CheckHard credit check

Once you start the application process, you have to choose whether you want to apply for a loan or line of credit. You need to provide your ZIP code and choose the closest TD Bank branch to your location.

You also have to provide some information about the loan you are applying for, such as:

  • Number of co-applicants 
  • Whether you want an AutoPay enrolment
  • How much funds you need 
  • How you plan to use the funds 

Then, you need to choose a specific loan term. TD Bank will provide the monthly payment estimates to help you decide.

After you complete that application phase, you need to provide personal information, including:

  • Name 
  • Address 
  • Phone number
  • Date of birth 
  • Social Security number 
  • Employment and annual income 
  • Major monthly expenses (rent or mortgage payments and other debts)

Next is to submit the loan application for approval. Once your application is approved, the bank may require you to visit the branch to sign the closing paperwork. Beware that the funding takes a few business days.

What We Like About TD Bank

TD Bank remains one of the most trusted personal loan providers. If you are want to get to know about the bank, take a look at the advantages it offers below:

Quick Loan Approval and Funding 

TD Bank has a reputation for quick loan approval and funding process. Your application can be approved as fast as 60 seconds the day you applied. Then, you may receive the funds the next day. If you are asked for additional requirements, the approval could take longer.

Payment Date Change

While you cannot select the payment date to sign the loan agreement, you can change it afterward. All you need to do is to submit a written request.


Unlike other banks, TD Bank provides an easy-to-navigate and intuitive website. All the terms, fees, and rates are clearly listed. You will also find a FAQ page.

Dependable Customer Support 

The customer service line is accessible 24 hours. So, every time you have questions, you can contact them.

What We Don’t Like About TD Bank

While TD Bank offers lots of advantages, there are also some drawbacks, including:

  • No direct payment to creditors 
  • Limited loan terms 
  • No autopay discount 
  • Undisclosed eligibility requirements 
  • Requires good credit score
  • Not available nationwide 
  • Charges a late fee 


To sum it up, TD Bank is an attractive option if you need money fast. The unsecured personal loan is worth considering if you need a bigger fund up to $50,000. Plus, you can take advantage of their easy-to-navigate website and reliable customer service. On the other hand, you are out of luck if you reside where there is no bank branch.