Borrowell Review 2022: Free Credit Report Once A Week

Free Credit Report Once A Week

In the past couple of years, it has came to be much less complex, easier and less costly for Canadians to quickly and safely get their cost-free credit score and credit score report instantaneously online.

Prior to 2016, the very best way for Canadians to get their credit rating report and also credit report online was to get a free trial of Equifax’s premium solutions, or to subscribe to Transunion’s similar offering.

The good news is, late in 2016 a leading online financing provider, Borrowell, partnered with Equifax to supply complimentary credit rating records and ratings to all Canadian consumers. This considerably changed the sector landscape overnight.

Sign up with over 2 million various other Canadians and instantly get your free credit rating and free 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 success feasible for all Canadians. They provide accessibility to online credit scores education and learning, ingenious debt devices.

They were the very first firm in Canada to bring complimentary credit history records and scores from Equifax to the on the internet masses.

They also originated the concept of an AI powered credit report trainer with their Molly credit score coach offering. Molly makes customized referrals concerning just how to improve credit score, and also what credit score products would be finest fit to each consumer based on their specific debt report variables.

In July of 2022 they launched Borrowell Rent Advantage which is the first product to permit Canadians to build their credit report simply by paying their rent each month promptly. As of press time, this service is only being offered to select Borrowell consumers at a subscription cost of $5 per month.

What Does Borrowell Deal?

Free Credit Rating Report and Rating:

Borrowell has assisted greater than 2 million Canadians by giving them with the tools they need to better comprehend, master and handle their credit report. Making the most of this deal takes less than 3 minutes, and doesn’t have any kind of unfavorable influence on your score (called a soft credit score inquiry).

Credit Builder

A newer offering only readily available to choose Borrowell customers, this product is a credit scores building cost savings car loan that sets you back $10/monthly, possibly enhances your credit score, and also provides you back $240 in savings at the end of the term.

Credit Card Comparisons

Borrowell has actually partnered with numerous leading financial institutions such as BMO as well as Scotiabank to provide a variety of bank card alternatives for Canadian customers with all different types of credit report accounts. Their AI powered credit score coach Molly help in this procedure.

Personal Lendings

After getting your Equifax Credit scores Report and Score, Borrowell presents a variety of vetted instalment lending supplies from their financial institution companions, tailored to your credit report. Although Borrowell does not use loans straight, they do supply a hassle-free means to rapidly compare fundings from relied on partners.


Similar to their customized AI-powered bank card as well as car loan recommendations, they additionally permit Canadians in the marketplace for a home mortgage a fast way to contrast rates, and also have a much better possibility of obtaining the best offer and also rate feasible.


Contrast financial solutions in a convenient method with Borrowell’s financial institution contrast device that assists find as well as advise the best banking items for you


Canadians can contrast insurance coverage products on the internet with Borrowell along with discovering and also taking control of their credit.

Rent Advantage

Announced in July 2022, Borrowell Rent Advatage allows Canadians to develop credit scores with their rent for only $5/month. As this item was just announced, more information make certain to follow as it presents to all Canadians.

In conclusion, by offering such a wide variety of economic tools and referrals, Borrowell seeks to be the one quit store that Canadians consider initially when it comes to any kind of facet of the individual funds.

Borrowell Company Information

Borrowell Firm Summary

Financial Institution in Toronto, Ontario

Borrowell Explains itself as complies with: Borrowell is a happily Canadian firm with a solitary objective in mind: to assist people make terrific choices concerning credit rating. This is why we were the first in Canada to supply complimentary credit rating as well as reports from our companion, Equifax, Canada’s largest credit score bureau.

Borrowell Address

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

Borrowell Products

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

Borrowell Google Review Recap

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

Borrowell Current Purchases

2021 – Refresh Financial.

Borrowell Management Team/ Secret Individuals

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