Tell us about your borrowing goal.

Managing your debt

TD could help you consolidate your debts and save money by paying off higher-interest credit cards, debt, and credit, with a TD Personal Loan or TD Personal Line of Credit.

Why borrow to manage your debt?

  • It can lower your interest rate
    Your new loan or line of credit will probably come with a lower interest rate than you’re paying right now, especially if you have debt from credit cards.
  • You might pay off your debt sooner
    With a lower interest rate, more of your payments will be going to your principal, so you could be debt-free sooner.
  • It can simplify your payments
    Consolidating your debt means that your multiple bills can be replaced with one regular payment.
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Personal Loan

Borrow only what you need right now.

  • Available for: consolidating debt or making large purchases
  • You can borrow1: $5,000 to $50,000
  • Repayment: Flexible repayment periods from a minimum of 1 year to a maximum of 7 years.
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Personal Line of Credit

Use and re-use credit2 with just one application.

  • Available for: consolidating debt or handling ongoing expenses
  • You can borrow1: $5,000 to $50,000
  • Repayment: As you pay back what you’ve used, the credit becomes available to you again2
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TD Home Equity FlexLine

Your home can be a powerful financial borrowing tool

  • Available for: paying off large expenses or renovating your home
  • You can borrow: up to 80% of your home value3
  • Repayment: minimum interest-only payments
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Investment Secured Line of Credit

Use your eligible investments to secure a Line of Credit

  • Available for: managing debt
  • You can borrow1: $5,000 to $200,000
  • Repayment: Choose how much you repay. Interest only payments or any amount up to the entire balance with no prepayment charge.
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Use our calculators to plan your borrowing

Debt Consolidation Loan Calculator

Find out your monthly payment and the date your loan will be fully paid off.

Personal Loan/Line of Credit Calculator

Compare what you might be paying with a loan vs. a line of credit.

Learn more about managing debt


1 Subject to approval
2 Subject to the terms of the agreement
3 Subject to TD Canada Trust credit criteria and any prior outstanding mortgage, charges or liens

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