Borrowell Review 2022: Borrowell Canada Reviews

Borrowell Canada Reviews

In the past couple of years, it has came to be much easier, less complicated and also less costly for Canadians to quickly and firmly acquire their totally free credit score and also credit history report promptly online.

Prior to 2016, the best method for Canadians to obtain their credit rating report and also credit rating online was to obtain a complimentary trial of Equifax’s premium services, or to sign up for Transunion’s comparable offering.

Luckily, late in 2016 a leading on-line car loan supplier, Borrowell, partnered with Equifax to offer totally free credit rating reports as well as scores to all Canadian consumers. This significantly changed the market landscape over night.

Sign up with over 2 million other Canadians and also instantaneously get your cost-free credit rating as well as totally free credit score 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 provide access to on the internet credit score education, cutting-edge debt devices.

They were the first business in Canada to bring complimentary credit scores records as well as ratings from Equifax to the online masses.

They also pioneered the concept of an AI powered debt train with their Molly credit scores train offering. Molly makes personalized suggestions regarding just how to improve credit report, and what credit scores items would be best fit to every customer based on their details credit rating report variables.

In July of 2022 they released Borrowell Rent Advantage which is the initial item to permit Canadians to develop their credit history merely by paying their rent each month on schedule. As of press time, this service is only being used to select Borrowell customers at a subscription price of $5 each month.

What Does Borrowell Offer?

Free Credit Report Record and Rating:

Borrowell has aided greater than 2 million Canadians by providing them with the devices they require to much better understand, master as well as manage their debt. Making use of this offer takes less than 3 minutes, as well as does not have any kind of unfavorable effect on your rating (referred to as a soft credit scores questions).

Credit History Builder

A more recent offering only readily available to choose Borrowell clients, this item is a credit structure savings financing that sets you back $10/monthly, possibly boosts your credit score, and gives you back $240 in savings at the end of the term.

Credit Card Comparisons

Borrowell has actually partnered with several leading banks such as BMO and also Scotiabank to use a series of bank card alternatives for Canadian consumers with all various kinds of credit score accounts. Their AI powered debt instructor Molly aids in this process.

Individual Car Loans

After getting your Equifax Credit score Record as well as Score, Borrowell presents a variety of vetted instalment car loan offers from their financial institution companions, tailored to your credit history. Although Borrowell does not provide lendings directly, they do give a practical method to promptly contrast car loans from trusted partners.


Similar to their individualized AI-powered credit card and car loan recommendations, they also enable Canadians on the market for a home loan a quick means to compare rates, and have a far better chance of getting the most effective deal and price feasible.


Compare banking solutions in a convenient method with Borrowell’s financial institution contrast tool that aids locate as well as recommend the appropriate banking items for you


Canadians can compare insurance coverage products online with Borrowell in addition to learning more about and also taking control of their debt.

Rent Advantage

Declared in July 2022, Borrowell Rent Advatage enables Canadians to build credit history with their rent for only $5/month. As this item was just revealed, more details are sure to comply with as it presents to all Canadians.

Finally, by supplying such a wide variety of economic devices and also referrals, Borrowell looks for to be the one stop store that Canadians think about initially when it pertains to any type of facet of the individual financial resources.

Borrowell Company Information

Borrowell Company Description

Financial Institution in Toronto, Ontario

Borrowell Describes itself as adheres to: Borrowell is a happily Canadian company with a single goal in mind: to assist people make fantastic decisions regarding credit score. This is why we were the very first in Canada to supply totally free credit rating as well as records from our partner, Equifax, Canada’s biggest credit score bureau.

Borrowell Address

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

Borrowell Products

Free Credit Report.
Free Credit History Record.
Credit score Coach.
Credit rating Builder.
Rent Advantage.

Borrowell Google Review Recap

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

Borrowell Recent Acquisitions

2021 – Refresh Financial.

Borrowell Management Team/ Trick People

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