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TD Personal Loan

A Personal Loan can help you cover a large purchase or consolidate higher-interest debt.

Why apply for a Personal Loan?

  • Payments that fit your budget

    Flexible repayment periods from a minimum of 1 year to a maximum of 7 years.

  • Interest rate options

    Choose whether you’d prefer your interest rate to be fixed or variable.

A TD Personal Loan is good for you if…

   you want to borrow at least $2,000

   you are looking to make a large purchase

   you are looking to consolidate debts into one monthly payment

Loan vs Line of Credit calculator

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


Tools and resources

  • Just answer a few simple questions. We'll suggest TD products to help you achieve your lending needs.

  • You can check your credit score with the TransUnion CreditView® Dashboard in the TD app. Checking in the TD app will not affect your credit score in any way.

  • This step-by-step guide will help you understand the credit application process.

  • Knowing how to manage your debt is key to paying it off. See our tips to manage debt.

Borrowing advice

Get helpful insights and tips on how to borrow wisely, manage your payments and make informed financial decisions.

TD Loan Protection

Optional TD Loan Protection could pay off or reduce the outstanding balance on your loan should you pass away or become totally disabled1, which could help you and your loved ones feel more financially prepared for some of life’s unexpected moments.    

Application Checklist 

To start your application, there are a few things we’ll need from you:

  1. Government-issued identification
    (original and not expired) Examples of valid ID

  2. Proof of income

    • If employed, provide your last two paystubs
    • If self-employed, provide your last two Notice of Assessment documents (tax returns)
  3. Expense statements

    Mortgage/rent payments, utility bills, taxes, other credit statements, etc.

  4. Bank account details form for the deposit of funds and to schedule repayment

  1. Adding a co-signer?

    The same information and documents will also be needed from them

  2. Applying to consolidate debt?

    We’ll need up-to-date statements of those accounts, including their balances and account details

  3. You consent to credit checks 

    As part of this credit check, we will give your information to credit bureaus and other lenders. They will give reports and information to us, about you, to help assess your eligibility and creditworthiness.

Ready to apply?


Have a question? Find answers here