Borrowell Review 2022: Borrowell Who Owns

Borrowell Who Owns

In the past few years, it has came to be much easier, simpler and also less expensive for Canadians to quickly as well as firmly obtain their cost-free credit history as well as credit report immediately online.

Prior to 2016, the very best means for Canadians to obtain their credit scores report and also credit report online was to obtain a free test of Equifax’s costs solutions, or to sign up for Transunion’s similar offering.

Thankfully, late in 2016 a leading on-line financing company, Borrowell, partnered with Equifax to provide cost-free credit reports and also ratings to all Canadian consumers. This drastically shifted the sector landscape overnight.

Join over 2 million various other Canadians as well as instantaneously obtain your complimentary credit rating as well as totally free credit rating 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 economic success possible for all Canadians. They supply access to online credit history education and learning, innovative credit rating devices.

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

They likewise pioneered the idea of an AI powered credit report coach with their Molly debt instructor offering. Molly makes personalized suggestions about exactly how to boost credit score, as well as what credit history items would be finest matched to each consumer based on their specific debt report factors.

In July of 2022 they launched Borrowell Rent Advantage which is the very first product to enable Canadians to develop their credit scores simply by paying their rent each month on schedule. As of press time, this service is only being provided to pick Borrowell consumers at a registration cost of $5 per month.

What Does Borrowell Deal?

Free Credit Rating Record as well as Score:

Borrowell has helped more than 2 million Canadians by supplying them with the tools they require to much better understand, master as well as handle their credit rating. Capitalizing on this offer takes less than 3 mins, and also does not have any adverse impact on your score (known as a soft credit rating questions).

Credit Builder

A newer offering only offered to pick Borrowell consumers, this item is a credit report building savings financing that sets you back $10/monthly, potentially improves your credit report, and also gives you back $240 in financial savings at the end of the term.

Charge Card Comparisons

Borrowell has actually partnered with many leading financial institutions such as BMO as well as Scotiabank to provide a range of credit card choices for Canadian consumers with all different sorts of credit history accounts. Their AI powered credit scores instructor Molly aids in this procedure.

Personal Lendings

After getting your Equifax Credit Report and also Score, Borrowell displays a variety of vetted instalment car loan offers from their banks partners, customized to your credit history. Although Borrowell does not use lendings directly, they do give a hassle-free way to swiftly compare finances from relied on companions.

Home Mortgages

Similar to their customized AI-powered bank card as well as car loan recommendations, they likewise enable Canadians out there for a home mortgage a fast means to compare rates, and also have a better chance of getting the best offer and also rate possible.


Compare banking remedies in a convenient way with Borrowell’s financial institution contrast device that aids find as well as advise the best financial items for you

Insurance Coverage

Canadians can compare insurance coverage products online with Borrowell in addition to finding out about and taking control of their credit.

Rent Advantage

Declared in July 2022, Borrowell Rent Advatage enables Canadians to construct credit rating with their rent for only $5/month. As this product was just introduced, more details are sure to follow as it presents to all Canadians.

In conclusion, by providing such a vast array of economic devices and also recommendations, Borrowell seeks to be the one quit shop that Canadians consider first when it involves any type of aspect of the personal financial resources.

Borrowell Company Details

Borrowell Business Description

Financial Institution in Toronto, Ontario

Borrowell Describes itself as follows: Borrowell is a happily Canadian firm with a solitary objective in mind: to aid individuals make excellent decisions concerning credit score. This is why we were the very first in Canada to use complimentary credit history and also 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 Rating.
Free Credit Score Record.
Credit Train.
Credit rating Builder.
Rent Advantage.

Borrowell Google Evaluation Recap

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

Borrowell Current Acquisitions

2021 – Refresh Financial.

Borrowell Leadership Group/ Key Individuals

Andrew Graham – Founder & CEO.
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.