Investment Line of Credit: A Guide to TD's Investment Secured Line of Credit

Are you looking for a flexible financing solution that allows your existing investments to grow? TD Bank offers an Investment Secured Line of Credit that uses your eligible investments as collateral. This line of credit provides you with access to the credit you need at preferred rates. In this comprehensive guide, we will explore the benefits, features, and application process of TD's Investment Secured Line of Credit.

Benefits of TD's Investment Secured Line of Credit

When you choose TD's Investment Secured Line of Credit, you can enjoy several benefits:

• Lower interest rates than an unsecured line of credit
• Access to credit that allows your investments to continue growing
• Flexible borrowing options
• Convenient online banking through EasyWeb

Features of TD's Investment Secured Line of Credit

TD's Investment Secured Line of Credit offers various features that make it an attractive financing option:

• Eligible investments serve as collateral, allowing you to access credit at preferred rates
• Borrow up to $200,000 (or more depending on your eligible investments)
• Competitive variable interest rate
• Convenient access to your credit through EasyWeb Online Banking

Applying for an Investment Secured Line of Credit

If you're ready to apply for TD's Investment Secured Line of Credit, follow these steps:

1. Gather the necessary documents and information, including your identification, proof of income, and details about your eligible investments
2. Visit TD Bank's website and navigate to the Investment Secured Line of Credit application page
3. Fill out the application form with accurate and up-to-date information
4. Submit the application and wait for approval
5. If approved, you will receive your credit limit and access to your Investment Secured Line of Credit

Common Questions about TD's Investment Secured Line of Credit

Here are some frequently asked questions about TD's Investment Secured Line of Credit:

1. How is interest charged on the Investment Secured Line of Credit?
2. What are the risks of using investments as collateral?
3. Are there different types of Lines of Credit available?
4. What is the difference between a line of credit and a personal loan?

Conclusion

TD's Investment Secured Line of Credit offers a flexible financing solution that allows your existing investments to grow. With lower interest rates and convenient online banking options, this line of credit provides you with access to credit at preferred rates. If you're looking for a way to leverage your investments and access credit when you need it, TD's Investment Secured Line of Credit is worth considering.