Borrowell Review 2022: Borrowell Salary

Borrowell Salary

In the past couple of years, it has ended up being much easier, much easier and less costly for Canadians to swiftly and also safely get their cost-free credit rating and credit score report quickly online.

Before 2016, the most effective method for Canadians to obtain their credit history report and credit rating 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 loan carrier, Borrowell, partnered with Equifax to supply totally free credit rating reports as well as scores to all Canadian consumers. This significantly moved the sector landscape over night.

Sign up with over 2 million other Canadians and also quickly get your cost-free credit score and also complimentary credit scores record now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech business with the objective of making financial prosperity feasible for all Canadians. They offer accessibility to online credit rating education and learning, ingenious credit score tools.

They were the very first company in Canada to bring complimentary debt reports as well as scores from Equifax to the on-line masses.

They likewise spearheaded the principle of an AI powered credit rating coach with their Molly credit coach offering. Molly makes individualized suggestions concerning exactly how to improve credit history, as well as what debt products would certainly be best fit to every client based upon their certain credit score record aspects.

In July of 2022 they launched Borrowell Rent Advantage which is the initial item to allow Canadians to construct their credit rating merely by paying their rent monthly on schedule. As of press time, this solution is only being provided to choose Borrowell consumers at a registration rate of $5 monthly.

What Does Borrowell Offer?

Free Credit Scores Report and Rating:

Borrowell has actually helped greater than 2 million Canadians by supplying them with the devices they need to better recognize, master and also handle their credit report. Making the most of this deal takes less than 3 minutes, and also doesn’t have any type of negative effect on your score (referred to as a soft credit report inquiry).

Credit Builder

A newer offering only readily available to choose Borrowell customers, this item is a credit history structure financial savings car loan that costs $10/monthly, possibly enhances your credit score, and gives you back $240 in financial savings at the end of the term.

Credit Card Comparisons

Borrowell has actually partnered with several leading banks such as BMO and also Scotiabank to provide a range of charge card options for Canadian customers with all different sorts of credit score profiles. Their AI powered credit rating coach Molly aids in this procedure.

Personal Lendings

After obtaining your Equifax Debt Record and also Score, Borrowell shows a variety of vetted instalment lending uses from their financial institution companions, tailored to your credit history. Although Borrowell does not use lendings directly, they do offer a hassle-free method to rapidly compare car loans from trusted companions.

Home Mortgages

Similar to their individualized AI-powered credit card as well as lending referrals, they likewise allow Canadians on the market for a home loan a quick method to compare prices, and also have a far better opportunity of obtaining the best bargain and also price feasible.


Compare banking solutions in a practical way with Borrowell’s financial institution comparison tool that helps find as well as recommend the ideal financial products for you

Insurance Coverage

Canadians can contrast insurance coverage items online with Borrowell in addition to finding out about and also taking control of their credit score.

Rent Advantage

Declared in July 2022, Borrowell Rent Advatage enables Canadians to build credit report with their rent for only $5/month. As this product was simply introduced, more details make sure to adhere to as it presents to all Canadians.

In conclusion, by using such a large range of monetary devices as well as suggestions, Borrowell looks for to be the one stop store that Canadians think of first when it comes to any type of aspect of the personal finances.

Borrowell Business Details

Borrowell Firm Summary

Financial Institution in Toronto, Ontario

Borrowell Defines itself as follows: Borrowell is a proudly Canadian firm with a solitary objective in mind: to help individuals make terrific decisions concerning credit. This is why we were the initial in Canada to supply complimentary credit history and reports from our companion, Equifax, Canada’s largest debt bureau.

Borrowell Address

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

Borrowell Products

Free Credit History.
Free Debt Report.
Credit report Train.
Credit rating Builder.
Rent Advantage.

Borrowell Google Review Recap

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

Borrowell Current Purchases

2021 – Refresh Financial.

Borrowell Leadership Group/ Secret Individuals

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