Borrowell Review 2022: Borrowell Head Office

Borrowell Head Office

In the past couple of years, it has ended up being much easier, easier and also less costly for Canadians to rapidly and securely obtain their cost-free credit history and debt report immediately online.

Before 2016, the most effective way for Canadians to get their credit record and credit score online was to get a complimentary test of Equifax’s costs services, or to register for Transunion’s comparable offering.

Fortunately, late in 2016 a leading online financing company, Borrowell, partnered with Equifax to provide cost-free credit score reports and also scores to all Canadian customers. This drastically changed the sector landscape overnight.

Sign up with over 2 million other Canadians and immediately get your free credit report as well as cost-free debt report currently Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech business with the objective of making monetary success feasible for all Canadians. They give accessibility to online credit report education, innovative debt tools.

They were the first business in Canada to bring complimentary credit history records and also ratings from Equifax to the online masses.

They likewise originated the idea of an AI powered credit score coach with their Molly credit history train offering. Molly makes personalized recommendations concerning how to boost credit rating, and what credit rating items would certainly be ideal fit to every customer based on their specific credit rating report aspects.

In July of 2022 they released Borrowell Rent Advantage which is the first item to allow Canadians to develop their credit just by paying their rent monthly in a timely manner. As of press time, this solution is just being supplied to choose Borrowell customers at a subscription price of $5 each month.

What Does Borrowell Offer?

Free Credit History Record as well as Rating:

Borrowell has assisted more than 2 million Canadians by giving them with the tools they need to better understand, master and also manage their debt. Making the most of this offer takes less than 3 mins, as well as doesn’t have any type of unfavorable effect on your score (referred to as a soft credit score query).

Credit Builder

A newer offering just offered to choose Borrowell consumers, this item is a credit score structure savings finance that sets you back $10/monthly, possibly improves your credit report, and offers you back $240 in financial savings at the end of the term.

Bank Card Comparisons

Borrowell has actually partnered with several leading banks such as BMO as well as Scotiabank to use a variety of charge card options for Canadian customers with all various kinds of credit score accounts. Their AI powered credit train Molly help in this process.

Individual Fundings

After getting your Equifax Credit score Report as well as Score, Borrowell displays a variety of vetted instalment loan uses from their banks partners, customized to your credit history. Although Borrowell does not offer lendings directly, they do provide a practical method to rapidly compare financings from trusted partners.


Comparable to their personalized AI-powered charge card and loan suggestions, they likewise allow Canadians out there for a mortgage a fast way to compare prices, and have a far better opportunity of obtaining the very best deal as well as price feasible.


Compare banking options in a hassle-free way with Borrowell’s bank comparison device that assists find and suggest the best financial items for you

Insurance Coverage

Canadians can compare insurance coverage items online with Borrowell in addition to discovering as well as taking control of their credit score.

Rent Advantage

Reported in July 2022, Borrowell Rent Advatage permits Canadians to construct credit score with their rent for just $5/month. As this item was simply introduced, more information make sure to adhere to as it presents to all Canadians.

Finally, by providing such a large range of financial tools as well as recommendations, Borrowell looks for to be the one stop store that Canadians consider first when it involves any type of facet of the individual funds.

Borrowell Firm Details

Borrowell Company Summary

Banks in Toronto, Ontario

Borrowell Explains itself as adheres to: Borrowell is a happily Canadian firm with a single goal in mind: to help individuals make excellent choices regarding debt. This is why we were the very first in Canada to use totally free credit scores and reports from our partner, Equifax, Canada’s largest credit bureau.

Borrowell Address

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

Borrowell Products

Free Credit Rating.
Free Debt Report.
Credit scores Coach.
Credit Builder.
Rent Advantage.

Borrowell Google Review Recap

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

Borrowell Current Acquisitions

2021 – Refresh Financial.

Borrowell Leadership Team/ Trick People

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