Eligibility Criteria. TD Bank requires borrowers have good to excellent credit, which is any FICO score above 680.
Also to know is, is a 3 interest rate good?
Anything at or below 3% is an excellent mortgage rate. And the lower, your mortgage rate, the more money you can save over the life of the loan.
In respect to this, is TD Bank hard to get approved for?
Quick approval and funding: TD Bank has a quick approval and funding process. According to the lender, borrowers can be approved the day they apply — some as fast as 60 seconds — and funds are typically received the next business day. … These features allow borrowers to easily compare loan products across lenders.
What is a good interest rate for a cash loan?
Average personal loan interest rates by credit score
Credit Score | Average Personal Loan APRs |
---|---|
760-plus | 9.30% |
720-759 | 13.32% |
680-719 | 17.82% |
640-679 | 22.16% |
What is the APR for a loan that charges a $12 fee to borrow $100 for a loan period of 10 days?
All of the answer choices are correct. What is the APR for a loan that charges a $12 fee to borrow $100 for a loan period of 10 days? 120% APR.
What type of loan has the highest interest rate?
Personal loans and credit cards come with high interest rates but do not require collateral. Home-equity loans have low interest rates, but the borrower’s home serves as collateral. Cash advances typically have very high interest rates plus transaction fees.