Creditor Information / TD Bank
Telephone | 888-561-8861 |
Payment Percentage of balance | 1.75% for TD Bankcards. 2.50% for TD Retail Cards |
Payment Minimum Amount | $10.00 |
Charge Free Period | N/A |
Acct Required to be Open | 9 Mo for TD Bankcards; N/A for TD Retail Cards |
CSP/Hardship programs | No |
DMP Interest Rate | 0% |
Waive late fees | Yes |
Waive over limit fees | Yes |
DMP benefits begin | Upon proposal acceptance |
Re-Age | Yes, automatically after third accepted DMP payment, if eligible |
Restructure | No |
Recall | No |
Due Date Changes | No |
Charge Off Period | 120 Days |
Drop Policy | Drops upon Charge Off |
Internal hardship/ Promotion Policy | No info |
Misc. Information | Current accounts are not eligible for DMP. Accounts must be 30+ days past due. Proposal will not be accepted unless verbal authorization or notarized signed authorization is received first. Have client call creditor to give authorization prior to sending proposal. |