Watch the Webinar: Understanding Borrowing and Credit in Canada: An Introduction for Newcomers

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TD
Published: November 28, 2025

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Starting life in a new country may come with many questions. How to go about borrowing? What is credit? How do credit scores work? And which products may be right for you?

Watch the Webinar: 

 

Click here to download the presentation slides!

In this session, we’ll cover:
✔ What borrowing is
✔ How does borrowing help build your credit scores
✔ What the difference is between a loan vs. a line of credit
✔ Borrowing for your needs at various stages in your financial journey
✔ Understanding good debt vs. bad debt

If Canada’s credit system feels new, you’re not alone. This webinar is a welcoming place to get the information you may need as you begin your financial journey.

Join us for a helpful session where you’ll learn about borrowing choices in Canada – and how building credit may support your journey as a newcomer. CanadaVisa and TD are here to share insights on credit building and personal lending.

Here’s what we’ll cover:

  • Credit Basics:
    • What credit means and how credit scores work, with clear examples.
    • How borrowing helps with credit building
  • Types of Personal Lending Products:
    • An overview of loans, and lines of credit.
    • The differences and benefits of a loan and line of credit
  • Borrowing Needs:
    • Understanding various borrowing needs and how loans and lines of credit can help
    • Understand various stages in your financial journey
  • Understanding good debt vs. bad debt
    • Understand how to differentiate between good debt vs. bad debt

Take the next step in learning about credit and borrowing in Canada.

This webinar offers newcomers like you a simple introduction to borrowing products and how using them wisely may support your financial journey.

Adjusting to a new financial system can feel overwhelming at first. With the right information, you may gain the confidence to make borrowing choices that work for your needs today and support your goals for tomorrow.

CanadaVisa and TD are here to share insights on credit building and personal lending.

Reserve your spot now for this live online session created especially for newcomers.

Don't miss this opportunity to deepen your understanding of various borrowing products available for newcomers and how to use them to build your credit.

Why Choose TD?

More than 160 years of helping Canadians:

TD has a proud history of delivering financial solutions to Canadians for more than 160 years. TD also brings a century of experience helping newcomers navigate the unique challenges of the Canadian banking system.

With over a thousand branches, and the ability to also serve you in more than 80 different languages, TD has become one of the largest and most trusted banks in Canada, now serving 16 million Canadians.

TD offers online support and resources of interest to newcomers on topics such as banking basics, moving to Canada, credit score essentials, and more. TD is open longer hours for your convenience and has thousands of ATMs across Canada to help you take care of your everyday banking needs quickly and easily.

Ready to Bank?

Learn more about TD New to Canada Banking Package today.

Book an appointment to talk with a TD Personal Banking Associate about the TD New to Canada Banking Package. You can book online right away, or visit the TD website to learn more.

 Legal Disclaimer:

Information provided by TD Bank Group and other sources in this article is believed to be accurate and reliable when placed on this site, but we cannot guarantee it is accurate or complete or current at all times. The information in this article is for informational purposes only and is not intended to provide financial, legal, accounting or tax advice, and should not be relied upon in that regard. This information is not to be construed as a solicitation to buy. Products and services of the TD Bank Group are only offered in jurisdictions where they may be lawfully offered for sale. All products and services are subject to the terms of the applicable agreement. The information in this article is subject to change without notice.

® The TD logo and other TD trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.

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