Borrowell Review 2022: Free Credit Report Now

Free Credit Report Now

In the past couple of years, it has came to be much simpler, less complicated as well as less costly for Canadians to quickly and also safely get their free credit report as well as debt report promptly online.

Prior to 2016, the most effective method for Canadians to obtain their credit history record and also credit score online was to obtain a complimentary trial of Equifax’s premium solutions, or to subscribe to Transunion’s comparable offering.

Fortunately, late in 2016 a leading on the internet finance supplier, Borrowell, partnered with Equifax to supply cost-free credit report reports and also scores to all Canadian consumers. This substantially moved the industry landscape over night.

Sign up with over 2 million other Canadians and also immediately get your complimentary credit rating and complimentary debt 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 prosperity feasible for all Canadians. They give accessibility to online credit history education and learning, cutting-edge credit scores devices.

They were the very first firm in Canada to bring complimentary debt records and also scores from Equifax to the online masses.

They also pioneered the idea of an AI powered credit rating instructor with their Molly credit score trainer offering. Molly makes individualized recommendations about just how to enhance credit score, and what credit report items would be ideal fit per client based upon their certain credit rating record variables.

In July of 2022 they launched Borrowell Rent Advantage which is the initial item to allow Canadians to develop their credit history just by paying their rent every month in a timely manner. As of press time, this solution is just being supplied to select Borrowell clients at a subscription cost of $5 per month.

What Does Borrowell Offer?

Free Credit Report Report and also Rating:

Borrowell has aided greater than 2 million Canadians by offering them with the tools they require to much better recognize, master and manage their credit. Taking advantage of this deal takes less than 3 minutes, and also doesn’t have any type of unfavorable impact on your score (referred to as a soft credit rating inquiry).

Credit Rating Builder

A more recent offering just offered to select Borrowell clients, this item is a credit building cost savings lending that sets you back $10/monthly, potentially improves your credit report, and also provides you back $240 in financial savings at the end of the term.

Credit Card Comparisons

Borrowell has actually partnered with lots of leading banks such as BMO as well as Scotiabank to offer a variety of charge card choices for Canadian customers with all various kinds of credit score profiles. Their AI powered credit report coach Molly help in this process.

Individual Fundings

After getting your Equifax Credit history Record and Score, Borrowell presents a range of vetted instalment lending offers from their financial institution partners, customized to your credit score. Although Borrowell does not provide fundings directly, they do offer a convenient means to promptly contrast finances from trusted partners.

Home Loans

Comparable to their individualized AI-powered credit card as well as car loan recommendations, they likewise permit Canadians in the marketplace for a home mortgage a fast way to contrast rates, as well as have a better opportunity of obtaining the best bargain as well as price feasible.


Compare financial options in a convenient means with Borrowell’s bank contrast tool that aids discover as well as advise the right banking products for you


Canadians can contrast insurance coverage items online with Borrowell in addition to learning about and taking control of their credit history.

Rent Advantage

Reported in July 2022, Borrowell Rent Advatage enables Canadians to develop credit report with their rent for only $5/month. As this item was simply revealed, more information make certain to adhere to as it turns out to all Canadians.

Finally, by using such a wide range of monetary tools as well as suggestions, Borrowell seeks to be the one quit shop that Canadians consider initially when it involves any kind of aspect of the individual financial resources.

Borrowell Company Information

Borrowell Business Description

Financial Institution in Toronto, Ontario

Borrowell Describes itself as follows: Borrowell is a happily Canadian company with a single objective in mind: to help individuals make fantastic choices about credit report. This is why we were the very first in Canada to supply totally free credit scores as well as reports from our partner, Equifax, Canada’s biggest debt bureau.

Borrowell Address

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

Borrowell Products

Free Credit History.
Free Debt Report.
Credit report Coach.
Credit history Builder.
Rent Advantage.

Borrowell Google Testimonial Summary

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

Borrowell Current Purchases

2021 – Refresh Financial.

Borrowell Leadership Team/ Secret Individuals

Andrew Graham – Founder & CEO.
Eva Wong – Founder & COO.
Lisa Brown – VP, People & Culture.
Jeff Yim – CFO, Financing.
Simon Wyse – VP, Revenue.
Wilson Pappo – VP, Product.
Amruta Karmarkar – VP, Engineering.