Borrowell Review 2022: Borrowell Glassdoor

Borrowell Glassdoor

In the past few years, it has ended up being much less complex, much easier as well as less costly for Canadians to swiftly and securely get their free credit rating and also credit rating report promptly online.

Prior to 2016, the best means for Canadians to obtain their debt report as well as credit rating online was to obtain a free trial of Equifax’s premium solutions, or to sign up for Transunion’s comparable offering.

The good news is, late in 2016 a leading on-line lending company, Borrowell, partnered with Equifax to use free credit rating reports and also ratings to all Canadian consumers. This significantly moved the industry landscape over night.

Join over 2 million various other Canadians and promptly obtain your free credit report as well as 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 economic prosperity feasible for all Canadians. They give access to online credit scores education, cutting-edge credit score tools.

They were the very first business in Canada to bring free debt records as well as scores from Equifax to the on-line masses.

They additionally pioneered the concept of an AI powered credit score coach with their Molly debt coach offering. Molly makes individualized referrals regarding exactly how to boost credit score, as well as what credit products would certainly be best suited to each customer based on their particular credit history report aspects.

In July of 2022 they launched Borrowell Rent Advantage which is the very first item to enable Canadians to build their credit rating merely by paying their rent monthly on time. As of press time, this solution is only being supplied to select Borrowell customers at a subscription price of $5 per month.

What Does Borrowell Offer?

Free Credit Report Report and Score:

Borrowell has helped more than 2 million Canadians by supplying them with the tools they require to better recognize, master as well as handle their credit report. Making the most of this deal takes less than 3 mins, and also does not have any kind of unfavorable impact on your rating (referred to as a soft credit rating inquiry).

Credit Report Builder

A more recent offering only available to choose Borrowell clients, this item is a credit history building financial savings finance that sets you back $10/monthly, possibly enhances your credit score, as well as provides you back $240 in savings at the end of the term.

Bank Card Comparisons

Borrowell has actually partnered with many leading banks such as BMO and also Scotiabank to use a range of charge card alternatives for Canadian customers with all various types of credit scores profiles. Their AI powered credit scores trainer Molly aids in this procedure.

Individual Loans

After getting your Equifax Debt Report and also Rating, Borrowell shows a range of vetted instalment loan offers from their banks partners, tailored to your credit score. Although Borrowell does not provide loans straight, they do provide a convenient way to swiftly compare loans from trusted partners.

Home Mortgages

Similar to their individualized AI-powered charge card and finance suggestions, they additionally allow Canadians in the market for a home mortgage a quick method to contrast rates, and have a much better possibility of getting the very best deal as well as price possible.


Compare banking remedies in a convenient means with Borrowell’s financial institution contrast tool that assists find as well as recommend the ideal banking items for you

Insurance Coverage

Canadians can compare insurance policy items online with Borrowell along with discovering and taking control of their credit report.

Rent Advantage

Declared in July 2022, Borrowell Rent Advatage permits Canadians to develop debt with their rent for just $5/month. As this item was simply introduced, more details make sure to adhere to as it presents to all Canadians.

Finally, by providing such a variety of monetary tools as well as recommendations, Borrowell looks for to be the one stop store that Canadians consider initially when it involves any type of facet of the individual finances.

Borrowell Company Info

Borrowell Business Description

Financial Institution in Toronto, Ontario

Borrowell Explains itself as complies with: Borrowell is a happily Canadian firm with a single objective in mind: to help people make great decisions concerning debt. This is why we were the initial in Canada to supply totally free credit report as well as reports from our companion, 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 Score Record.
Credit scores Coach.
Credit Builder.
Rent Advantage.

Borrowell Google Testimonial Recap

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

Borrowell Recent Acquisitions

2021 – Refresh Financial.

Borrowell Management Team/ Key People

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