How To Payoff TD Auto Finance Loan

Have you finally decided to payoff your TD Auto Finance loan early but isn’t sure how to go about it? Well, do not worry as this article will provide you with all the information you’ll need to easily payoff your TD Auto Finance loan.

Although the agreement of your loan is to make monthly payments till the end of the loan term, you can also decide to payoff your loan early without to wait till the end of the loan term. However, you must understand how to go about it in order not to mess things up.

To begin with, you must first obtain your payoff quote which is different from your loan balance.

READ ALSO: TD Auto Finance Login

How To Obtain Your TD Auto Finance Payoff Quote 

You can obtain your payoff quote either online or by contacting TD Auto Finance via phone. To obtain your payoff quote via online,

  • Click HERE to access the login page 
  • Enter your Username and Password and click “Go”
  • Once you’re in, click “Payoff Quote”
  • You can now view your payoff quote

Alternatively, you can also call TD Auto Finance on 1-800-556-8172 to obtain your payoff quote.

What To Do Next

After obtaining your payoff quote, you can then go ahead and make a full payment of the amount. However, note that the payoff quote is only valid for 10 calendar days after which it expires. Meaning that you will have to obtain a new payoff quote if you fail to make payment within the 10 calendar days after obtaining your payoff quote.

Note also that your payoff amount is an addition of your principal balance, finance charges accrued and any fees owed.

Payment Methods To Payoff Your Loan

Here are the Payment Options you have to payoff your loan. Examine carefully and choose a payment method that is best for you.

Pay Online

To pay online,

  • Click HERE to log in to your online account 
  • Select “Make Payment”
  • Enter full payoff amount and date
  • Lastly, click “Submit”

Pay Via Phone 

Contact TD Auto Finance on 1-800-556-8172 to payoff your loan over the phone with either your Debit card, checking account or ATM.

Pay Via Mail 

You can send your check (which must be payable to TD Auto Finance) and a copy of your payoff quote to this address;

TD Bank Lockbox

TD Auto Finance – 16039

Mailstop ME2-074-017

6 Atlantis Way

Lewiston ME 04240

Pay Via CheckFreePay 

You can also Payoff your loan at any CheckFreePay agent near you after which you’ll be given a receipt as proof of payment.

READ ALSO: How Does APR On A Car Loan Work?

Frequently Asked Questions (FAQ) 

Q1. How long does it take to get my title after I payoff my loan?

The duration depends on whether the title is maintained by TD Auto Finance or the state. Titles maintained by TD Auto Finance are usually released within 7 to 10 calendar days after your payoff is received. However, if your title is maintained by the state, then find out from your local DMV or secretary of state.

NB: your title or lien release won’t be sent if you fail to pay the full payoff amount.

Q2. I’ve not received my title or lien release after paying off my loan. What should I do? 

It usually takes between 15 to 30 days for you to receive your title due to mail delivery time and motor vehicle agency process.

You may also want to contact TD Auto Finance on 1-800-556-8172 for any enquiries about your title or lien release.

Q3. What type of title will I receive after I payoff my account? 

The type of title you’ll receive largely depends on your state. Hence the best place to get this answer is from your local DMVs website or contact TD Auto Finance on 1-800-556-8172. 

Your title could be a paper title, electronic title, electronic record or lien card/lien release,

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