TD Bank offers personal loans of up to $50,000 with an APR of 6.99% - 18.99%, depending on your overall creditworthiness. These loans can be used for any wedding-related expense, like the engagement ring, the venue, the cake or the honeymoon.
TD Bank Personal Loans That Can Be Used for Weddings: Key Details
Loan amounts: $2,000 - $50,000
APR range: 6.99% - 18.99%
Credit score requirement: 750 if you don't have a bank account with them (660 if you do)
Repayment period: 12 - 60 months
If you're set on specifically getting a "wedding loan," you might want to look into LightStream or Best Egg. Just bear in mind that these loans have similar terms and functionality as general-purpose personal loans. To see the top-ranked offers, visit the best wedding loans page on WalletHub.
It takes 2 to 6 business days to get money from a TD Bank personal loan, in most cases. That includes both the time it takes to get approved and the time it takes for the funds to be delivered after approval. Keep in mind that this is a typical applicant's experience, and in some cases it could take longer.… read full answer
How to Get Money From TD Bank as Fast as Possible
Fill out the application carefully. You should make sure that all information you enter on the application is correct and complete. That will eliminate any potential delays from TD Bank having to request additional information.
Check your credit report for errors. Before you apply, you should verify that everything on your credit report is accurate, as any incorrect negatives on there could impact your chances of approval. If you find any errors, you should dispute them right away to get them removed.
Get your credit score above the minimum. Ideally, you should only apply for a TD Bank personal loan once your credit score exceeds the minimum requirement of 660. That will make it easier for TD Bank to decide whether you qualify, which could lead to a quicker decision.
Apply online. Online applications have the fastest processing times since they are automated and streamlined.
Once you get approved for a TD Bank personal loan, the money will be delivered through an electronic funds transfer to your bank account, which usually takes 1 to 3 days.
There are several ways to pay for a wedding with no money, from taking out a personal loan (if you have income, but no money on hand) to opting for a simple ceremony without the pomp and circumstance. Marriage licenses cost between $5 and $100, depending on the state – so it’s possible to get married without spending much at all. Other options include asking family for assistance or crowdfunding. Let’s go through all of the different possibilities.… read full answer
How to pay for a wedding with no money:
Get a personal loan. Depending on the lender, you’ll be able to borrow from $1,000 to $100,000 for wedding expenses (or pretty much anything else). You’ll typically have 1 to 7 years to pay it back, and there are loan options for people with all credit scores. You can get a personal loan if you have no money saved, but you’ll need a steady income and little existing debt.
Take out a home equity loan. If you own a house before marriage, you could borrow against the value of that property through a home equity loan or line of credit. But this isn’t the greatest option, as your house serves as collateral.
Use credit cards. Depending on how high of a credit limit you have, you may be able to charge some or all of your wedding expenses to a credit card. But credit cards tend to have much higher rates than personal loans, so if you go this route, use a credit card with a 0% introductory APR.
Have a simple wedding. Marriage licenses are inexpensive. So consider simply having a small ceremony with your closest friends and family at someone from the group’s home or a park where you don’t have to pay rental fees. You could also ask friends to use their talents to bake a cake or perform music, for example.
Ask family for help. Parents often front a lot of the costs of a wedding – about two-thirds, actually, on average. If you’re comfortable doing so, you can ask them to chip in.
Ask guests for money. In lieu of traditional wedding gifts, you could ask guests to give you money toward the cost of the wedding. You’ll need to ask for these gifts in advance if you want to use them to pay for the wedding itself; otherwise, you’ll have to borrow money and use the gifts to recoup the costs.
Crowdfund. Crowdfunding all sorts of expenses has become more popular in the past few years. If you have an especially dedicated group of friends, or a big social network, they might contribute money toward your wedding.
Enter a contest. If you’re lucky, you may win a sweepstakes that pays for a wedding dress, honeymoon, wedding ring or more.
Get sponsored. If you have a large following on social media, you may be able to convince companies to sponsor your wedding in return for giving them advertising.
Get a grant. There are few opportunities for wedding grants. The only currently viable option, Wish Upon a Wedding, is for people with terminal or life-altering illnesses.
If those ideas won’t work for you, you should take one of two approaches. The first is to wait and save some money until you have enough to pay for the wedding you want. The second is to just go to a courthouse and get married legally. Then, you could throw a big party on your first anniversary, for example, after taking some time to save.
From the number of times I've seen this type of question recently, spring wedding season must almost be upon us. Please don't tell my catering son-in-law about my answer, Rather than asking "experts" their opinion, sit down with your to-be and decide if you want to begin marriage in debt. Debt is one of the largest contributing factors to marital troubles. If scaling back your agreed upon plans is not possible, you might get early on a good sense of your partners attitude toward money. And up until you say "I Do", you have a less expensive solution to major differences in financial attitudes than hring a divorce attorney after the honeymoon is over.… read full answer
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