Borrowell Review 2022: Borrowell Crunchbase

Borrowell Crunchbase

In the past couple of years, it has ended up being much less complex, much easier and also less expensive for Canadians to rapidly and also safely acquire their cost-free credit report and also credit history record quickly online.

Prior to 2016, the very best way for Canadians to obtain their credit rating record and credit report online was to obtain a free test of Equifax’s costs services, or to sign up for Transunion’s similar offering.

Thankfully, late in 2016 a leading on-line loan company, Borrowell, partnered with Equifax to provide cost-free credit history records as well as ratings to all Canadian customers. This substantially changed the market landscape overnight.

Join over 2 million various other Canadians as well as immediately obtain your cost-free credit history and also cost-free credit history report currently Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech firm with the goal of making financial success feasible for all Canadians. They supply accessibility to on-line credit history education and learning, cutting-edge debt devices.

They were the initial company in Canada to bring cost-free credit report reports and ratings from Equifax to the on the internet masses.

They also spearheaded the idea of an AI powered credit coach with their Molly credit scores coach offering. Molly makes customized suggestions about how to boost credit report, and what credit score products would be ideal suited to each customer based upon their details credit history record factors.

In July of 2022 they launched Borrowell Rent Advantage which is the first product to allow Canadians to develop their credit history merely by paying their rent monthly on time. Since press time, this solution is just being provided to choose Borrowell consumers at a registration rate of $5 per month.

What Does Borrowell Deal?

Free Debt Record and Score:

Borrowell has helped more than 2 million Canadians by providing them with the tools they require to better comprehend, master and also handle their credit history. Taking advantage of this offer takes less than 3 mins, and also does not have any kind of adverse effect on your rating (referred to as a soft credit report query).

Debt Builder

A more recent offering only offered to select Borrowell clients, this item is a credit building financial savings lending that costs $10/monthly, possibly boosts your credit score, and also gives you back $240 in financial savings at the end of the term.

Credit Card Comparisons

Borrowell has partnered with numerous leading financial institutions such as BMO and Scotiabank to provide a range of charge card choices for Canadian customers with all different kinds of debt accounts. Their AI powered credit scores train Molly help in this process.

Individual Lendings

After acquiring your Equifax Credit history Record and also Score, Borrowell shows a range of vetted instalment loan uses from their banks partners, customized to your credit report. Although Borrowell does not provide fundings straight, they do offer a convenient means to rapidly contrast financings from relied on companions.

Home Loans

Comparable to their customized AI-powered charge card and also financing referrals, they likewise allow Canadians in the market for a home mortgage a quick way to compare rates, and have a better opportunity of getting the best offer as well as rate possible.


Compare financial options in a hassle-free means with Borrowell’s bank contrast tool that helps discover as well as recommend the right financial items for you


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

Rent Advantage

Revealed in July 2022, Borrowell Rent Advatage allows Canadians to develop credit scores with their rent for only $5/month. As this item was simply revealed, more information make sure to follow as it presents to all Canadians.

Finally, by using such a variety of financial tools and suggestions, Borrowell looks for to be the one quit store that Canadians think about initially when it concerns any element of the individual finances.

Borrowell Business Information

Borrowell Company Summary

Banks in Toronto, Ontario

Borrowell Describes itself as follows: Borrowell is a happily Canadian business with a single goal in mind: to assist individuals make fantastic choices regarding credit history. This is why we were the first in Canada to supply cost-free credit report as well as records from our partner, Equifax, Canada’s largest credit score bureau.

Borrowell Address

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

Borrowell Products

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

Borrowell Google Evaluation Recap

Borrowell has 4.5 celebrities on Google Reviews put together from over 700 testimonials.

Borrowell Recent Procurements

2021 – Refresh Financial.

Borrowell Leadership Group/ Trick People

Andrew Graham – Founder & CEO.
Eva Wong – Founder & COO.
Lisa Brown – VP, Individuals & Culture.
Jeff Yim – CFO, Money.
Simon Wyse – VP, Profits.
Wilson Pappo – VP, Item.
Amruta Karmarkar – VP, Engineering.