Get and keep maintaining credit that is good
Find down what’s associated with getting credit, just how to keep your credit history healthy and much more.
Want to communicate with us directly?Contact us
Transcript
Voice-Over
With regards to borrowing needs – there’s no one size that fits all.
That will help you determine which monetary financing choice could be best for your needs, keep consitently the after at heart:
Are you experiencing a well-defined borrowing need with a specific objective – such as for instance purchasing an automobile, consolidating financial obligation or any other major cost? Then that loan may be a far better choice. It offers a lump sum of cash in advance. You are able to choose a hard and fast or interest that is variable… and choose your re re re payment regularity which range from regular to biweekly, semi-monthly or month-to-month.
Then a line of credit may be a better option – as the funds up to your available credit limit are there, whenever you want if, on the other hand, you need the flexibility to borrow for a variety of needs, without having to reapply every time! And also you pay just interest on which you utilize.
Talk with a TD agent to learn more about which solution might be suitable for your borrowing requirements!
On-Screen Graphics
Loan vs. Loan vs. lend Loan vs. credit line Loan vs. uncover cash on ground
Loan vs. Personal Credit Line
Interest Fixed Adjustable
Weekly Bi-weekly Semi-monthly Month-to-month
Content in this video clip is actually for informational purposes just and will differ predicated on specific circumstances.
Please talk with a TD banking expert regarding the needs that are particular.
В® The TD logo design along with other trade-marks will be the home associated with Toronto-Dominion Bank.
Transcript
Topic suggestion from search bar pops up when text is typed.
Screen Text: Debunking credit score urban urban urban myths Debunking Big Foot Debunking goat yoga
Debunking credit score fables is clicked and name seems.
Screen Text: Debunking credit score urban myths
Speaker: Unlike a conspiracy that is internet, credit ratings really should not be frightening.
A meter advances from the lowest credit history to high credit history. An automobile seems.
Speaker: They suggest how good you handle your credit re re payments.
Re Payment title that is due. A hand clicks upon it, changing the name to cover Bill.
Screen Text: Payment Due Pay Bill Minimum re re payment Paid
Speaker: Having a credit that is good history- and that means you make at the least your minimal payment and constantly ensure it is on time – will allow you to attain a greater credit rating.
A calendar is shown by having a check mark by the end associated with the month.
Screen Text: minimal re re payment on time
A meter advances from the lowest credit payday loans cornwall history to credit score that is high.
Speaker: as a result often helps help you get authorized for credit for bigger purchases – like your first home – in the long term.
A agreement seems and it is being finalized. A residence is shown.
Screen Text: help to make approvals easier
An envelope seems.
Speaker: Making your repayments on time relates to all your valuable individual bills, as well as your phone bill along with other bills.
A bill is revealed within the envelope. A phone seems with a Pay Bill symbol. The symbol is clicked and modifications to Paid!
Screen Text: your entire bills that are personal Bill Paid
Speaker: additionally, make certain you need and that you use them responsibly by staying within your credit limit that you only apply for credit products.
Screen Text: just make an application for credit services and products you’ll need
lots of bank cards circle the screen and one stops and remains on screen. The credit is showed by a credit meter card going over the restriction after which back in the mark zone.
Screen Text: remain inside your limitation
Speaker: Finally, keep in mind not to ever make an application for credit numerous times more than a short time because this too can negatively influence your credit rating!
A meter advances from the credit that is high to low credit rating as being a hand clicks an Apply icon many times.
Screen Text: Apply Applying many times