Borrowell Review 2022: Borrowell Mon Compte

Borrowell Mon Compte

In the past few years, it has ended up being much simpler, less complicated and more affordable for Canadians to quickly as well as firmly get their cost-free credit score and also credit rating record instantaneously online.

Before 2016, the very best means for Canadians to obtain their credit scores record as well as credit rating online was to get a cost-free trial of Equifax’s premium solutions, or to subscribe to Transunion’s comparable offering.

Luckily, late in 2016 a leading on the internet car loan company, Borrowell, partnered with Equifax to use complimentary credit scores records as well as ratings to all Canadian consumers. This drastically shifted the sector landscape over night.

Sign up with over 2 million various other Canadians as well as instantaneously get your complimentary credit score and complimentary credit rating report now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech business with the goal of making monetary success possible for all Canadians. They give accessibility to on-line credit rating education, cutting-edge credit history devices.

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

They likewise spearheaded the principle of an AI powered debt coach with their Molly credit rating train offering. Molly makes individualized suggestions about just how to improve credit rating, and also what credit report items would certainly be finest suited to every client based on their details credit scores record elements.

In July of 2022 they launched Borrowell Rent Advantage which is the initial item to permit Canadians to build their credit simply by paying their rent every month on time. Since press time, this service is only being used to choose Borrowell customers at a subscription rate of $5 monthly.

What Does Borrowell Offer?

Free Credit Rating Report as well as Rating:

Borrowell has actually aided more than 2 million Canadians by giving them with the devices they need to better understand, master as well as manage their debt. Capitalizing on this deal takes less than 3 mins, as well as does not have any kind of unfavorable impact on your rating (called a soft credit history query).

Debt Builder

A more recent offering only readily available to choose Borrowell customers, this item is a credit score building savings financing that sets you back $10/monthly, possibly enhances your credit score, and also gives you back $240 in savings at the end of the term.

Credit Card Comparisons

Borrowell has partnered with several leading financial institutions such as BMO and also Scotiabank to offer a range of credit card choices for Canadian consumers with all different sorts of credit score accounts. Their AI powered credit scores trainer Molly aids in this procedure.

Personal Car Loans

After obtaining your Equifax Credit history Record and Rating, Borrowell presents a range of vetted instalment lending provides from their financial institution partners, tailored to your credit score. Although Borrowell does not supply finances directly, they do supply a practical means to promptly contrast finances from trusted partners.

Home Mortgages

Similar to their individualized AI-powered credit card and lending recommendations, they also enable Canadians in the market for a mortgage a fast means to compare prices, and also have a better opportunity of getting the most effective offer as well as rate possible.


Compare financial options in a hassle-free method with Borrowell’s bank comparison device that helps find as well as suggest the appropriate financial products for you

Insurance Coverage

Canadians can compare insurance products on-line with Borrowell along with learning more about and also taking control of their credit history.

Rent Advantage

Announced in July 2022, Borrowell Rent Advatage enables Canadians to build credit with their rent for only $5/month. As this item was simply introduced, more information are sure to follow as it turns out to all Canadians.

In conclusion, by providing such a vast array of economic devices as well as referrals, Borrowell looks for to be the one stop store that Canadians think about first when it involves any facet of the personal funds.

Borrowell Firm Details

Borrowell Business Summary

Financial Institution in Toronto, Ontario

Borrowell Explains itself as complies with: Borrowell is a proudly Canadian company with a solitary objective in mind: to aid individuals make wonderful choices about credit rating. This is why we were the initial in Canada to supply totally free credit report and reports from our companion, Equifax, Canada’s biggest credit report bureau.

Borrowell Address

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

Borrowell Products

Free Credit Rating.
Free Credit Score Report.
Credit rating Coach.
Credit scores Builder.
Rent Advantage.

Borrowell Google Testimonial Summary

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

Borrowell Recent Acquisitions

2021 – Refresh Financial.

Borrowell Management Team/ Secret Individuals

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