Borrowell Review 2022: Free Credit Report Every Year

Free Credit Report Every Year

In the past couple of years, it has ended up being much easier, less complicated and also cheaper for Canadians to promptly and also safely get their totally free credit rating and credit score record quickly online.

Before 2016, the very best method for Canadians to obtain their credit history report and also credit rating online was to obtain a free trial of Equifax’s premium solutions, or to register for Transunion’s similar offering.

Fortunately, late in 2016 a leading on-line financing carrier, Borrowell, partnered with Equifax to supply totally free credit reports and also scores to all Canadian customers. This drastically changed the market landscape over night.

Join over 2 million various other Canadians as well as instantly get your cost-free credit report and also free credit rating report now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech company with the goal of making economic success possible for all Canadians. They supply access to on the internet credit scores education and learning, ingenious debt devices.

They were the very first company in Canada to bring cost-free credit report records as well as scores from Equifax to the on-line masses.

They likewise originated the idea of an AI powered credit rating coach with their Molly debt instructor offering. Molly makes tailored suggestions regarding how to improve credit score, as well as what credit scores products would certainly be finest fit to each consumer based upon their details debt record elements.

In July of 2022 they launched Borrowell Rent Advantage which is the first product to enable Canadians to construct their credit score merely by paying their rent each month in a timely manner. Since press time, this solution is only being supplied to select Borrowell consumers at a membership price of $5 monthly.

What Does Borrowell Deal?

Free Credit Report Report as well as Rating:

Borrowell has actually assisted more than 2 million Canadians by offering them with the tools they require to much better recognize, master and also handle their credit score. Capitalizing on this offer takes less than 3 minutes, and also doesn’t have any type of unfavorable effect on your score (referred to as a soft credit scores questions).

Credit Rating Builder

A more recent offering only offered to choose Borrowell clients, this item is a credit rating structure cost savings loan that costs $10/monthly, possibly boosts your credit rating, as well as provides you back $240 in savings at the end of the term.

Bank Card Comparisons

Borrowell has partnered with several leading banks such as BMO and also Scotiabank to supply a series of charge card options for Canadian customers with all various kinds of debt profiles. Their AI powered credit scores coach Molly help in this process.

Personal Car Loans

After acquiring your Equifax Credit rating Record and Rating, Borrowell shows a variety of vetted instalment financing offers from their banks companions, customized to your credit history. Although Borrowell does not supply finances straight, they do offer a convenient means to quickly compare financings from relied on companions.

Home Mortgages

Similar to their personalized AI-powered credit card and finance suggestions, they likewise enable Canadians in the marketplace for a home mortgage a quick way to contrast rates, and also have a better opportunity of obtaining the best offer and also price feasible.


Compare banking services in a hassle-free method with Borrowell’s financial institution contrast tool that assists discover and advise the appropriate banking items for you


Canadians can contrast insurance policy products online with Borrowell in addition to learning about as well as taking control of their credit history.

Rent Advantage

Reported in July 2022, Borrowell Rent Advatage enables Canadians to construct credit report with their rent for only $5/month. As this item was just introduced, even more information make certain to comply with as it presents to all Canadians.

Finally, by using such a wide range of economic devices and also suggestions, Borrowell seeks to be the one stop shop that Canadians think about first when it comes to any type of element of the personal financial resources.

Borrowell Firm Info

Borrowell Business Description

Banks in Toronto, Ontario

Borrowell Defines itself as complies with: Borrowell is a proudly Canadian firm with a single objective in mind: to assist individuals make excellent choices about credit scores. This is why we were the very first in Canada to supply complimentary credit rating and also reports from our partner, Equifax, Canada’s biggest credit rating bureau.

Borrowell Address

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

Borrowell Products

Free Credit History.
Free Credit History Record.
Debt Coach.
Debt Builder.
Rent Advantage.

Borrowell Google Evaluation Summary

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

Borrowell Current Purchases

2021 – Refresh Financial.

Borrowell Management Group/ Key Individuals

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