TD Bank Personal Loan Review 2022 – Forbes Advisor

If you are already a TD Bank customer, applying for one of its TD Fit Loans might be your easiest option for getting a personal loan. However, it’s worth comparing your options to find a personal loan with the most attractive rates and terms.

Here’s how TD Bank personal loans compare to other major lenders:

TD Bank vs. SoFi

While TD Bank caps its personal loans at $50,000, SoFi lets you borrow up to $100,000. If you’re looking to fund a big project, a SoFi personal loan might be a better fit. However, you might struggle to qualify with SoFi if you have poor or fair credit.

Related: SoFi Personal Loans Review.

TD Bank vs. Avant

Avant’s personal loans don’t seem as attractive as TD Bank’s at first glance. They have a lower borrowing limit of $35,000 and a higher minimum APR of around 10%. However, Avant has fairly lenient credit score requirements, accepting applicants with a FICO score as low as 580. Although TD Bank does not disclose its minimum credit score, it may have higher criteria. It might be worth checking your rates with both lenders to see which one gives you a better deal.

Related: Personal Loans Review Before

TD Bank vs Upgrade

Upgrade might be a better choice than TD Bank if you only need a small amount of money, as they offer personal loans starting at $1,000, while TD Bank requires you borrow at least $2,000. The upgrade also has a fairly low credit score requirement of 560 and APRs starting around 6.5%. Like TD Bank, Upgrade lets you check your rates on its website with no commitment or impact on your credit.

Related: Personal Loans Review Upgrade

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