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TD Bank auto

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Ramsport
Regular Contributor

TD Bank auto

TD Bank give me an auto loan what's the chances they approve me for a credit card.

Message 1 of 5
4 REPLIES 4
OmarGB9
Community Leader
Super Contributor

Re: TD Bank auto

Without any DPs, it's hard to say. Car loans are generally much easier to qualify for because they're secured by the car itself (collateral). CCs are unsecured debt. 


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Message 2 of 5
805orbust
Valued Contributor

Re: TD Bank auto

Wow... I didn't think TD did auto loans.  Something new is learned every day.



Message 3 of 5
coldfusion
Credit Mentor

Re: TD Bank auto


@805orbust wrote:

Wow... I didn't think TD did auto loans.  Something new is learned every day.


They have a business unit dedicated to issuing auto loans but it's set up to be what is commonly referred to as an indirect lender.  They only accept applications made through dealerships.

(10/2025)
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Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion
Message 4 of 5
CreditMarathoner
Frequent Contributor

Re: TD Bank auto

My last auto loan (in 2013) was through "TD Auto Finance" (via the dealership), so they're a separate division/company from TD Bank.

 

I'm guessing there's little or no connection between qualifying for an auto loan and a credit card through them.  Underwriting standards differ between the two anyway even if they were issued in the same place by the same people.

 

    
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Message 5 of 5
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