Small Business Banking
Private Client Group
Personal Financial Services
For the quickest answer, search previously asked questions below. Chances are, others have asked a similar question and there's already an answer waiting for you. If you can't find a match, ask a new question and our team members will answer.
I would like to take a personal loan to pay off my significant credit card debt (I think the loan payments will be far less than my currently monthly debt). Will this action impact my credit, assuming I pay the loan on time etc? I would like to move as well in the near future - will taking out a personal loan, and bringing all my credit cards to zero, impact my ability to be approved for a new lease (in NYC) in the future?
H., Long Island City
June 2, 2017 10:00:28 AM
Borrowing & Managing Your Credit
In reply to H., Long Island City
Hi H. G.! That’s an important question!
Consolidating credit card debt with a personal loan can be a wonderful tool to help reduce your overall debt and improve your credit rating.
We encourage you to check out our page for Understanding Your Credit Score and Report at https://go.td.com/1jOWoe7. You'll find a lot of information about Credit Scores in general, including how they're determined and strengthening your Score.
If you'd like to review the loans we are currently offering, please click here: https://go.td.com/2dDsb2s and here: https://go.td.com/2m0xuSl.
Feel free to give us a call at 800-937-5020. We have Financial Solutions Group Representatives available 24 hours a day, 7 days a week to discuss your specific situation and make recommendations that could help. You're also welcome to stop in to visit us at any of our Stores. To find a location near you, click here: https://go.td.com/1nq31dc.
We look forward to talking with you soon and hopefully helping you along to a new place in NYC. Have a great day, H. G.!
Customer Service Team, Mount Laurel
June 2, 2017 10:00:51 AM