Borrowell Review 2022: Borrowwell Xp

Borrowwell Xp

In the past couple of years, it has became much easier, easier and cheaper for Canadians to swiftly as well as firmly acquire their complimentary credit rating and also credit report instantaneously online.

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

Thankfully, late in 2016 a leading online car loan provider, Borrowell, partnered with Equifax to supply complimentary debt reports as well as scores to all Canadian customers. This significantly shifted the industry landscape over night.

Sign up with over 2 million other Canadians and instantaneously get your totally free credit history and free credit report 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 give access to online credit rating education and learning, ingenious debt tools.

They were the initial business in Canada to bring free credit score reports as well as ratings from Equifax to the on the internet masses.

They likewise spearheaded the idea of an AI powered debt instructor with their Molly credit history coach offering. Molly makes tailored recommendations about exactly how to enhance credit report, as well as what credit report items would certainly be ideal matched to every customer based on their particular debt record aspects.

In July of 2022 they launched Borrowell Rent Advantage which is the very first item to enable Canadians to construct their credit history simply by paying their rent monthly promptly. As of press time, this service is just being offered to pick Borrowell consumers at a subscription cost of $5 monthly.

What Does Borrowell Deal?

Free Credit Rating Report as well as Score:

Borrowell has helped more than 2 million Canadians by giving them with the tools they require to much better comprehend, master and also manage their credit history. Taking advantage of this offer takes less than 3 mins, and does not have any kind of adverse impact on your rating (called a soft credit report query).

Credit Builder

A newer offering only available to select Borrowell consumers, this item is a credit report structure savings funding that sets you back $10/monthly, potentially boosts your credit history, and also provides you back $240 in cost savings at the end of the term.

Charge Card Comparisons

Borrowell has partnered with numerous leading banks such as BMO and also Scotiabank to offer a variety of credit card choices for Canadian customers with all different sorts of credit history accounts. Their AI powered credit history trainer Molly help in this procedure.

Individual Lendings

After getting your Equifax Credit score Report and Score, Borrowell shows a series of vetted instalment lending supplies from their financial institution companions, tailored to your credit score. Although Borrowell does not supply financings directly, they do provide a hassle-free way to rapidly compare fundings from relied on companions.


Comparable to their personalized AI-powered credit card and also loan suggestions, they also allow Canadians on the market for a home mortgage a quick way to compare prices, and also have a better possibility of obtaining the most effective bargain and price feasible.


Compare banking services in a practical means with Borrowell’s bank comparison device that assists find and also recommend the ideal financial items for you


Canadians can contrast insurance items on-line with Borrowell along with finding out about and taking control of their credit score.

Rent Advantage

Reported in July 2022, Borrowell Rent Advatage permits Canadians to build credit with their rent for only $5/month. As this product was simply announced, more details are sure to adhere to as it rolls out to all Canadians.

Finally, by using such a variety of monetary tools and suggestions, Borrowell looks for to be the one quit store that Canadians think of initially when it concerns any facet of the individual financial resources.

Borrowell Company Information

Borrowell Business Summary

Banks in Toronto, Ontario

Borrowell Defines itself as complies with: Borrowell is a happily Canadian business with a single objective in mind: to help individuals make excellent decisions about credit score. This is why we were the first in Canada to offer complimentary credit report as well as reports from our companion, Equifax, Canada’s biggest credit score bureau.

Borrowell Address

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

Borrowell Products

Free Credit History.
Free Credit Report Report.
Credit Train.
Credit score Builder.
Rent Advantage.

Borrowell Google Review Summary

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

Borrowell Recent Purchases

2021 – Refresh Financial.

Borrowell Leadership Team/ Key People

Andrew Graham – Co-Founder & CHIEF EXECUTIVE OFFICER.
Eva Wong – Founder & COO.
Lisa Brown – VP, Individuals & Society.
Jeff Yim – CFO, Financing.
Simon Wyse – VP, Income.
Wilson Pappo – VP, Product.
Amruta Karmarkar – VP, Design.