Borrowell Review 2022: Borrowwell


In the past few years, it has ended up being much less complex, much easier and also more affordable for Canadians to rapidly as well as firmly obtain their totally free credit report as well as credit score report instantaneously online.

Before 2016, the best method for Canadians to get their credit history report and credit rating online was to obtain a complimentary test of Equifax’s costs services, or to register for Transunion’s comparable offering.

Luckily, late in 2016 a leading on the internet lending service provider, Borrowell, partnered with Equifax to use free debt records and also ratings to all Canadian consumers. This considerably moved the market landscape over night.

Join over 2 million other Canadians and instantly obtain your cost-free credit rating and complimentary credit rating record currently Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech company with the objective of making monetary prosperity feasible for all Canadians. They offer access to online credit score education, ingenious credit report tools.

They were the initial business in Canada to bring cost-free credit rating records as well as ratings from Equifax to the online masses.

They likewise pioneered the concept of an AI powered credit history instructor with their Molly credit rating instructor offering. Molly makes individualized suggestions about how to boost credit history, and also what credit report items would certainly be best suited to each consumer based on their certain credit scores report elements.

In July of 2022 they launched Borrowell Rent Advantage which is the first item to allow Canadians to construct their credit history just by paying their rent monthly promptly. As of press time, this service is only being offered to pick Borrowell clients at a registration cost of $5 per month.

What Does Borrowell Deal?

Free Credit Rating Report and also Rating:

Borrowell has actually assisted more than 2 million Canadians by supplying them with the tools they require to much better understand, master and also handle their credit report. Benefiting from this deal takes less than 3 mins, and does not have any kind of adverse influence on your rating (referred to as a soft credit questions).

Credit History Builder

A more recent offering only offered to select Borrowell consumers, this item is a credit scores structure cost savings finance that costs $10/monthly, possibly enhances your credit rating, as well as offers you back $240 in savings at the end of the term.

Charge Card Comparisons

Borrowell has partnered with numerous leading banks such as BMO as well as Scotiabank to offer a variety of credit card choices for Canadian consumers with all various sorts of credit scores profiles. Their AI powered credit history trainer Molly aids in this procedure.

Personal Finances

After obtaining your Equifax Debt Report and Rating, Borrowell presents a series of vetted instalment loan offers from their banks partners, customized to your credit score. Although Borrowell does not offer lendings straight, they do supply a practical way to promptly compare financings from trusted companions.

Home Mortgages

Similar to their personalized AI-powered bank card and also financing recommendations, they also enable Canadians out there for a home mortgage a quick way to compare prices, and have a far better chance of obtaining the best offer and also rate possible.


Compare financial remedies in a practical means with Borrowell’s bank comparison device that assists discover and also recommend the best financial items for you

Insurance Policy

Canadians can contrast insurance policy products on-line with Borrowell in addition to finding out about as well as taking control of their credit score.

Rent Advantage

Revealed in July 2022, Borrowell Rent Advatage permits Canadians to build debt with their rent for only $5/month. As this product was simply announced, even more details make certain to adhere to as it rolls out to all Canadians.

Finally, by supplying such a vast array of financial tools and referrals, Borrowell looks for to be the one stop store that Canadians think of first when it pertains to any kind of facet of the individual financial resources.

Borrowell Company Info

Borrowell Company Description

Financial Institution in Toronto, Ontario

Borrowell Explains itself as follows: Borrowell is a happily Canadian company with a solitary objective in mind: to assist people make wonderful decisions concerning credit scores. This is why we were the very first in Canada to supply cost-free credit report and also reports from our partner, Equifax, Canada’s largest credit report bureau.

Borrowell Address

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

Borrowell Products

Free Credit Report.
Free Credit Record.
Credit scores Coach.
Credit scores Builder.
Rent Advantage.

Borrowell Google Testimonial Summary

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

Borrowell Recent Procurements

2021 – Refresh Financial.

Borrowell Management Group/ Key Individuals

Andrew Graham – Founder & CHIEF EXECUTIVE OFFICER.
Eva Wong – Founder & COO.
Lisa Brown – VP, People & Society.
Jeff Yim – CFO, Money.
Simon Wyse – VP, Revenue.
Wilson Pappo – VP, Product.
Amruta Karmarkar – VP, Engineering.