Borrowell Review 2022: Borrowell Corporate Office

Borrowell Corporate Office

In the past couple of years, it has ended up being much simpler, much easier as well as less costly for Canadians to swiftly and firmly acquire their totally free credit score and debt report immediately online.

Prior to 2016, the very best means for Canadians to obtain their credit record and also credit rating online was to obtain a free test of Equifax’s costs solutions, or to subscribe to Transunion’s comparable offering.

Thankfully, late in 2016 a leading online car loan carrier, Borrowell, partnered with Equifax to offer complimentary credit scores records as well as scores to all Canadian consumers. This drastically changed the industry landscape overnight.

Join over 2 million various other Canadians and also instantaneously get your complimentary credit rating and also free debt record currently Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech firm with the goal of making monetary success possible for all Canadians. They supply access to on the internet credit scores education, innovative credit devices.

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

They additionally spearheaded the concept of an AI powered credit scores coach with their Molly credit scores train offering. Molly makes individualized suggestions about how to improve credit rating, and also what credit scores products would be ideal fit per customer based upon their specific credit scores report elements.

In July of 2022 they released Borrowell Rent Advantage which is the first product to permit Canadians to develop their credit history simply by paying their rent each month promptly. As of press time, this service is only being used to select Borrowell customers at a registration cost of $5 each month.

What Does Borrowell Offer?

Free Credit Score Report as well as Score:

Borrowell has assisted more than 2 million Canadians by offering them with the devices they need to better understand, master as well as handle their credit scores. Capitalizing on this offer takes less than 3 mins, and doesn’t have any negative impact on your score (known as a soft credit questions).

Debt Builder

A more recent offering just offered to pick Borrowell clients, this item is a credit structure cost savings finance that costs $10/monthly, potentially improves your credit score, and provides you back $240 in cost savings at the end of the term.

Bank Card Comparisons

Borrowell has partnered with many leading banks such as BMO as well as Scotiabank to supply a series of bank card options for Canadian consumers with all different types of credit history accounts. Their AI powered credit instructor Molly aids in this procedure.

Individual Fundings

After getting your Equifax Debt Report and also Rating, Borrowell displays a range of vetted instalment finance supplies from their financial institution companions, customized to your credit score. Although Borrowell does not offer finances straight, they do give a hassle-free way to swiftly contrast fundings from trusted companions.

Home Mortgages

Similar to their customized AI-powered bank card and loan referrals, they additionally permit Canadians in the marketplace for a home mortgage a quick method to contrast rates, and have a much better chance of obtaining the best deal and also rate feasible.


Contrast financial options in a convenient means with Borrowell’s financial institution comparison device that helps find and recommend the right banking items for you

Insurance Coverage

Canadians can compare insurance coverage items on-line with Borrowell along with learning about and also taking control of their credit report.

Rent Advantage

Revealed in July 2022, Borrowell Rent Advatage allows Canadians to build credit with their rent for just $5/month. As this item was just introduced, even more details are sure to follow as it presents to all Canadians.

In conclusion, by providing such a wide range of economic tools as well as referrals, Borrowell looks for to be the one stop store that Canadians think of first when it comes to any type of aspect of the personal finances.

Borrowell Business Details

Borrowell Business Description

Banks in Toronto, Ontario

Borrowell Explains itself as complies with: Borrowell is a happily Canadian company with a single objective in mind: to help people make terrific decisions regarding credit scores. This is why we were the very first in Canada to offer cost-free credit scores and also reports from our partner, Equifax, Canada’s largest credit bureau.

Borrowell Address

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

Borrowell Products

Free Credit History.
Free Credit Record.
Credit report Coach.
Credit scores Builder.
Rent Advantage.

Borrowell Google Testimonial Summary

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

Borrowell Current Purchases

2021 – Refresh Financial.

Borrowell Management Team/ Trick Individuals

Andrew Graham – Founder & CEO.
Eva Wong – Co-Founder & COO.
Lisa Brown – VP, People & Culture.
Jeff Yim – CFO, Finance.
Simon Wyse – VP, Revenue.
Wilson Pappo – VP, Product.
Amruta Karmarkar – VP, Engineering.