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Personal Financial Services
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Mitzie, Boca Raton
November 13, 2014 12:53:48 PM
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In reply to Mitzie, Boca Raton
Hello Mitzie, thank you for joining us on TD Helps today. We would be glad to explain the difference between a Personal Secured Loan and a Personal Unsecured Loan.
A Personal Secured Loan is a loan secured by a TD Bank Savings, Money Market Savings, or Certificate of Deposit (CD) as collateral; you can secure a collateral loan with competitive low rates, convenient repayment terms and the benefit of continuing to earn interest on the funds secured. On the other hand, a Personal Unsecured Loan is an installment loan that does not require collateral. It can be used as an alternative to a Home Equity Loan for a variety of purposes, including: Home Improvements, Vacations, Family Events, Debt Consolidation, Small Recreational Vehicles (motorcycle, snow mobile, etc.).
We invite you to check out: http://bit.ly/1pa4EI5 to see the personal loans that we currently offer. You can apply 24/7 via online as well. Another option you have is contacting our Financial Solutions Group between the hours of 6:30AM-10PM at 800-937-5020. They will be more than happy to go over what type of loans we offer and the application process. You can always apply for a loan at any TD Bank location during lobby hours. Please visit: http://bit.ly/TDStores to find a location near you.
Hope this helps answer your question and that you have a great day.
Brian M., Mount Laurel
November 13, 2014 12:54:42 PM