Borrowell Review 2022: Free Credit Report For Rental Application

Free Credit Report For Rental Application

In the past couple of years, it has became much easier, less complicated and less costly for Canadians to rapidly as well as safely obtain their totally free credit history and also debt report immediately online.

Prior to 2016, the very best method for Canadians to get their credit history report and credit score online was to obtain a totally free trial of Equifax’s costs solutions, or to subscribe to Transunion’s comparable offering.

Thankfully, late in 2016 a leading on the internet funding provider, Borrowell, partnered with Equifax to offer free credit report records and scores to all Canadian consumers. This substantially changed the industry landscape over night.

Join over 2 million various other Canadians and immediately obtain your cost-free credit score and also totally free credit rating record now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech business with the goal of making financial success feasible for all Canadians. They offer access to on the internet credit history education, cutting-edge credit rating devices.

They were the initial company in Canada to bring free credit scores reports and also ratings from Equifax to the on the internet masses.

They additionally pioneered the concept of an AI powered credit report train with their Molly debt coach offering. Molly makes customized referrals regarding just how to improve credit report, as well as what credit score items would certainly be best suited per consumer based on their particular credit record aspects.

In July of 2022 they launched Borrowell Rent Advantage which is the very first item to enable Canadians to develop their credit history simply by paying their rent monthly promptly. Since press time, this service is only being supplied to pick Borrowell clients at a subscription cost of $5 per month.

What Does Borrowell Offer?

Free Debt Report as well as Rating:

Borrowell has actually helped more than 2 million Canadians by supplying them with the devices they require to much better comprehend, master and also manage their credit. Capitalizing on this offer takes less than 3 mins, and does not have any type of adverse effect on your score (known as a soft credit scores questions).

Debt Builder

A newer offering just offered to choose Borrowell clients, this product is a credit report building cost savings lending that costs $10/monthly, possibly enhances your credit history, and also provides you back $240 in savings at the end of the term.

Charge Card Comparisons

Borrowell has actually partnered with several leading banks such as BMO and Scotiabank to supply a variety of credit card choices for Canadian consumers with all various sorts of credit history accounts. Their AI powered credit scores coach Molly help in this procedure.

Personal Car Loans

After getting your Equifax Debt Report as well as Rating, Borrowell displays a range of vetted instalment loan provides from their banks companions, customized to your credit score. Although Borrowell does not offer finances directly, they do give a hassle-free means to promptly compare lendings from trusted companions.


Comparable to their customized AI-powered charge card and also loan referrals, they additionally enable Canadians out there for a mortgage a fast method to compare prices, and also have a better possibility of getting the most effective deal and price feasible.


Compare financial solutions in a practical way with Borrowell’s financial institution contrast device that aids discover and also advise the ideal financial items for you

Insurance Policy

Canadians can contrast insurance policy products on-line with Borrowell in addition to discovering and also taking control of their credit history.

Rent Advantage

Declared in July 2022, Borrowell Rent Advatage allows Canadians to build credit rating with their rent for only $5/month. As this product was just revealed, more details are sure to adhere to as it turns out to all Canadians.

In conclusion, by providing such a large range of monetary tools as well as suggestions, Borrowell seeks to be the one quit shop that Canadians think about first when it concerns any type of element of the personal financial resources.

Borrowell Company Details

Borrowell Firm Description

Banks in Toronto, Ontario

Borrowell Describes itself as adheres to: Borrowell is a proudly Canadian company with a single goal in mind: to aid people make fantastic choices concerning debt. This is why we were the first in Canada to use complimentary credit report and also reports from our partner, Equifax, Canada’s biggest credit scores bureau.

Borrowell Address

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

Borrowell Products

Free Credit Report.
Free Credit History Report.
Credit rating Coach.
Credit Builder.
Rent Advantage.

Borrowell Google Evaluation Summary

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

Borrowell Current Purchases

2021 – Refresh Financial.

Borrowell Leadership Team/ Secret Individuals

Andrew Graham – Co-Founder & CEO.
Eva Wong – Co-Founder & COO.
Lisa Brown – VP, People & Culture.
Jeff Yim – CFO, Finance.
Simon Wyse – VP, Earnings.
Wilson Pappo – VP, Product.
Amruta Karmarkar – VP, Design.