Borrowell Review 2022: Borrowell Board

Borrowell Board

In the past couple of years, it has came to be much less complex, much easier and cheaper for Canadians to swiftly and safely acquire their cost-free credit report and credit record instantaneously online.

Prior to 2016, the very best method for Canadians to get their debt report and credit history online was to get a complimentary test of Equifax’s costs services, or to register for Transunion’s comparable offering.

Fortunately, late in 2016 a leading on-line financing company, Borrowell, partnered with Equifax to use free credit scores records and also ratings to all Canadian customers. This significantly changed the sector landscape overnight.

Sign up with over 2 million various other Canadians as well as promptly obtain your cost-free credit score as well as totally free credit history report now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech business with the objective of making economic success feasible for all Canadians. They supply accessibility to on the internet credit scores education, ingenious credit score tools.

They were the initial company in Canada to bring cost-free credit scores reports and scores from Equifax to the online masses.

They also pioneered the idea of an AI powered credit history trainer with their Molly credit scores trainer offering. Molly makes individualized referrals about exactly how to boost credit rating, and also what credit rating products would certainly be ideal matched to every client based upon their certain credit history record factors.

In July of 2022 they launched Borrowell Rent Advantage which is the first product to enable Canadians to develop their credit scores just by paying their rent each month promptly. Since press time, this service is just being supplied to pick Borrowell customers at a subscription cost of $5 each month.

What Does Borrowell Deal?

Free Debt Record as well as Rating:

Borrowell has actually aided more than 2 million Canadians by supplying them with the devices they require to much better recognize, master and also handle their credit rating. Taking advantage of this offer takes less than 3 mins, and doesn’t have any type of unfavorable effect on your score (known as a soft credit query).

Debt Builder

A more recent offering only readily available to pick Borrowell customers, this product is a credit scores building cost savings loan that sets you back $10/monthly, possibly improves your credit score, as well as gives you back $240 in savings at the end of the term.

Charge Card Comparisons

Borrowell has actually partnered with many leading financial institutions such as BMO and Scotiabank to supply a series of charge card choices for Canadian customers with all different sorts of credit history profiles. Their AI powered credit scores coach Molly help in this process.

Personal Loans

After getting your Equifax Credit report Report and Rating, Borrowell shows a series of vetted instalment funding provides from their banks companions, tailored to your credit rating. Although Borrowell does not use loans straight, they do supply a practical way to quickly contrast lendings from relied on partners.


Comparable to their individualized AI-powered bank card and also funding recommendations, they additionally enable Canadians in the marketplace for a home mortgage a quick way to contrast rates, and also have a far better opportunity of getting the most effective offer and also rate possible.


Compare financial options in a practical way with Borrowell’s bank contrast tool that aids discover and recommend the appropriate banking items for you


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

Rent Advantage

Announced in July 2022, Borrowell Rent Advatage enables Canadians to build credit rating with their rent for just $5/month. As this product was simply introduced, even more information make sure to comply with as it rolls out to all Canadians.

In conclusion, by using such a wide range of financial tools and referrals, Borrowell looks for to be the one quit shop that Canadians consider first when it involves any kind of aspect of the personal finances.

Borrowell Business Details

Borrowell Firm Description

Financial Institution in Toronto, Ontario

Borrowell Explains itself as complies with: Borrowell is a happily Canadian business with a solitary goal in mind: to assist people make wonderful decisions about credit report. This is why we were the first in Canada to supply complimentary credit scores as well as reports from our companion, Equifax, Canada’s biggest credit scores bureau.

Borrowell Address

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

Borrowell Products

Free Credit History.
Free Credit History Record.
Credit history Coach.
Credit history Builder.
Rent Advantage.

Borrowell Google Review Summary

Borrowell has 4.5 stars on Google Reviews put together from over 700 reviews.

Borrowell Current Purchases

2021 – Refresh Financial.

Borrowell Management Team/ Key Individuals

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