Borrowell Review 2022: Borrowell Good Credit Score

Borrowell Good Credit Score

In the past few years, it has became much simpler, easier as well as less expensive for Canadians to swiftly and safely obtain their free credit report and credit history report instantly online.

Prior to 2016, the very best way for Canadians to obtain their credit history record as well as credit history online was to get a totally free trial of Equifax’s costs solutions, or to sign up for Transunion’s similar offering.

Luckily, late in 2016 a leading on the internet car loan company, Borrowell, partnered with Equifax to use totally free credit reports as well as scores to all Canadian consumers. This significantly moved the market landscape overnight.

Sign up with over 2 million various other Canadians and promptly get your free credit rating and also complimentary credit score record now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech firm with the goal of making monetary prosperity possible for all Canadians. They offer access to on-line credit rating education and learning, innovative credit score devices.

They were the very first company in Canada to bring complimentary debt records and also ratings from Equifax to the on-line masses.

They additionally spearheaded the idea of an AI powered credit score trainer with their Molly credit rating trainer offering. Molly makes personalized recommendations concerning exactly how to enhance credit rating, as well as what credit scores products would certainly be best suited per consumer based upon their particular credit history record aspects.

In July of 2022 they released Borrowell Rent Advantage which is the first item to allow Canadians to develop their credit rating simply by paying their rent monthly in a timely manner. As of press time, this service is just being used to choose Borrowell consumers at a membership rate of $5 per month.

What Does Borrowell Deal?

Free Credit Report Record and also Score:

Borrowell has assisted more than 2 million Canadians by giving them with the devices they need to better comprehend, master as well as manage their credit score. Capitalizing on this deal takes less than 3 mins, and doesn’t have any kind of adverse impact on your score (referred to as a soft debt questions).

Credit Score Builder

A more recent offering just offered to choose Borrowell customers, this product is a credit building savings lending that sets you back $10/monthly, possibly improves your credit history, as well as offers 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 credit card options for Canadian customers with all various kinds of credit history profiles. Their AI powered credit report instructor Molly aids in this procedure.

Individual Loans

After getting your Equifax Debt Report and Score, Borrowell displays a range of vetted instalment loan supplies from their financial institution partners, customized to your credit score. Although Borrowell does not provide loans straight, they do provide a practical means to rapidly compare finances from relied on companions.


Comparable to their personalized AI-powered credit card and also loan suggestions, they likewise allow Canadians on the market for a home mortgage a quick method to contrast rates, as well as have a far better chance of getting the very best offer and rate feasible.


Compare financial solutions in a hassle-free method with Borrowell’s bank comparison tool that assists find and advise the best financial items for you

Insurance Coverage

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

Rent Advantage

Revealed in July 2022, Borrowell Rent Advatage permits Canadians to construct credit with their rent for just $5/month. As this product was simply announced, more information are sure to follow as it rolls out to all Canadians.

Finally, by providing such a wide variety of economic devices as well as recommendations, Borrowell looks for to be the one stop shop that Canadians think about initially when it pertains to any type of element of the personal financial resources.

Borrowell Company Information

Borrowell Company Description

Financial Institution in Toronto, Ontario

Borrowell Defines itself as complies with: Borrowell is a proudly Canadian firm with a single goal in mind: to aid people make fantastic choices regarding credit report. This is why we were the first in Canada to offer complimentary credit scores and also reports from our partner, Equifax, Canada’s biggest credit rating bureau.

Borrowell Address

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

Borrowell Products

Free Credit Report.
Free Credit Report.
Credit scores Coach.
Credit history Builder.
Rent Advantage.

Borrowell Google Testimonial Summary

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

Borrowell Recent Purchases

2021 – Refresh Financial.

Borrowell Leadership Team/ Trick People

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