

This product allows customers to apply for a TD auto loan at the dealership. Retail financing is the first type of product TD Bank offers its dealership partners. We’ll go through these options in detail below. TD Auto Finance has two financial products that dealers can offer to customers. Additionally, there may be confusion about loan details, as each dealership sets its own loan terms and rates. This means you may experience difficulties managing your loans. Instead, you can only apply for auto loans through the dealerships. TD Auto Finance isn’t a direct lender, and you cannot apply for financing directly from the bank. The majority of the complaints were also about customer service, loan processing and high interest rates. On the BBB’s complaints board, there were 52 complaints from customers, with only four resolved. According to the BBB, customers give TD Auto Finance a 1.03 out of 5-star rating, with multiple reviews expressing dissatisfaction with the bank’s customer service, loan processing delays and lack of transparency concerning its rates. Negative reviews from auto loan customersĬustomer reviews from multiple review sites paint a grim picture of TD Bank auto loans. You’ll only know the exact rate for a given loan after you have applied for financing at a dealership. TD Bank doesn’t provide any auto loan rates on its website, which makes it impossible to compare its loan offers to those of other lenders. For example, if the purchase price of your vehicle is lower than what you anticipated, you can use the remainder of your loan for repairs or other expenses. This gives you the flexibility to use a portion of your loan for other purposes. In addition to its auto loan options, TD Bank offers unsecured personal loans for vehicle purchases. Offers unsecured personal loans as well as standard auto loans Visit a TD Bank store and make your payment using CheckFreePay®.Pay by phone using your debit or ATM card.Mail your payment in the form of a personal check, cashier’s check or money order.Pay online with debit card or ATM cards with the Star®, Pulse®, Nyce® or Accel® logo.Pay online with your personal checking account.When it comes to paying off your auto loan, TD Bank offers the following options: This makes it easy to find the best dealership for your needs, no matter where you are. TD Bank provides an online tool that helps you find local dealerships offering TD auto financing. Pros explained Provides a convenient online tool for finding local dealerships Offers unsecured personal loans as well as standard auto loans.Provides a convenient online tool for finding local dealerships.
