Borrowell Review 2022: Barrowell Recycling Centre

Barrowell Recycling Centre

In the past few years, it has became much simpler, less complicated as well as less costly for Canadians to promptly and also firmly obtain their totally free credit report and also credit history report promptly online.

Prior to 2016, the most effective way for Canadians to obtain their credit scores report and also credit rating online was to get a cost-free test of Equifax’s premium services, or to register for Transunion’s comparable offering.

Thankfully, late in 2016 a leading online lending carrier, Borrowell, partnered with Equifax to supply free debt records and scores to all Canadian consumers. This drastically moved the sector landscape over night.

Join over 2 million other Canadians and immediately obtain your totally free credit report and cost-free credit score report now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech firm with the objective of making economic success possible for all Canadians. They offer access to online credit rating education and learning, innovative credit tools.

They were the very first firm in Canada to bring free credit scores records and also ratings from Equifax to the online masses.

They also spearheaded the concept of an AI powered credit scores trainer with their Molly debt instructor offering. Molly makes customized recommendations concerning just how to enhance credit score, and also what credit score items would certainly be best fit to every client based upon their details credit rating record aspects.

In July of 2022 they released Borrowell Rent Advantage which is the first item to allow Canadians to construct their credit just by paying their rent each month on schedule. As of press time, this solution is only being used to select Borrowell clients at a subscription price of $5 per month.

What Does Borrowell Offer?

Free Credit Report Record and Score:

Borrowell has helped more than 2 million Canadians by giving them with the tools they need to better comprehend, master and manage their credit. Making the most of this deal takes less than 3 minutes, and also doesn’t have any type of adverse impact on your rating (known as a soft credit questions).

Credit Report Builder

A newer offering just readily available to pick Borrowell clients, this item is a credit building savings car loan that costs $10/monthly, potentially enhances your credit rating, and offers you back $240 in savings at the end of the term.

Bank Card Comparisons

Borrowell has partnered with several leading financial institutions such as BMO and Scotiabank to use a range of credit card options for Canadian customers with all various sorts of credit report profiles. Their AI powered credit report coach Molly aids in this procedure.

Individual Financings

After acquiring your Equifax Credit scores Report and Rating, Borrowell displays a series of vetted instalment financing offers from their financial institution companions, tailored to your credit score. Although Borrowell does not use finances straight, they do provide a practical way to rapidly compare car loans from trusted partners.

Home Loans

Comparable to their individualized AI-powered charge card as well as funding recommendations, they additionally permit Canadians in the market for a home mortgage a quick means to contrast prices, as well as have a better possibility of obtaining the very best deal and also rate possible.


Compare banking services in a hassle-free method with Borrowell’s bank comparison device that helps discover and also recommend the best financial products for you


Canadians can contrast insurance coverage products on the internet with Borrowell in addition to learning more about as well as taking control of their credit report.

Rent Advantage

Revealed in July 2022, Borrowell Rent Advatage permits Canadians to develop credit history with their rent for only $5/month. As this product was simply revealed, even more information are sure to follow as it presents to all Canadians.

Finally, by supplying such a large range of monetary tools and recommendations, Borrowell seeks to be the one quit store that Canadians think of initially when it involves any kind of facet of the personal financial resources.

Borrowell Company Information

Borrowell Company Summary

Banks in Toronto, Ontario

Borrowell Describes itself as follows: Borrowell is a proudly Canadian company with a solitary goal in mind: to assist individuals make wonderful choices regarding credit rating. This is why we were the initial in Canada to supply complimentary credit history as well as records from our partner, Equifax, Canada’s biggest credit report bureau.

Borrowell Address

1 University Ave, Toronto, ON M5J 2P1
( Mobility Device Accessible).

Borrowell Products

Free Credit Report.
Free Debt Record.
Credit score Train.
Credit report Builder.
Rent Advantage.

Borrowell Google Testimonial Recap

Borrowell has 4.5 stars on Google Reviews assembled from over 700 evaluations.

Borrowell Current Acquisitions

2021 – Refresh Financial.

Borrowell Management Group/ Key People

Andrew Graham – Founder & CHIEF EXECUTIVE OFFICER.
Eva Wong – Co-Founder & COO.
Lisa Brown – VP, People & Society.
Jeff Yim – CFO, Finance.
Simon Wyse – VP, Earnings.
Wilson Pappo – VP, Item.
Amruta Karmarkar – VP, Engineering.