Borrowell Review 2022: Free Credit Score Best

Free Credit Score Best

In the past few years, it has became much simpler, easier and less costly for Canadians to promptly and safely obtain their totally free credit report and credit report instantly online.

Prior to 2016, the best way for Canadians to obtain their credit rating record and credit rating online was to obtain a totally free trial of Equifax’s premium solutions, or to register for Transunion’s comparable offering.

Luckily, late in 2016 a leading on-line car loan supplier, Borrowell, partnered with Equifax to offer totally free credit records and also ratings to all Canadian customers. This considerably moved the market landscape over night.

Join over 2 million other Canadians and promptly get your complimentary credit rating and also free credit 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 provide accessibility to on-line credit report education, cutting-edge debt devices.

They were the initial business in Canada to bring complimentary credit history reports as well as ratings from Equifax to the online masses.

They also spearheaded the concept of an AI powered debt coach with their Molly credit report instructor offering. Molly makes personalized recommendations about just how to improve credit report, as well as what credit report products would be finest fit per consumer based on their particular credit score record elements.

In July of 2022 they launched Borrowell Rent Advantage which is the very first product to allow Canadians to build their credit score merely by paying their rent each month promptly. Since press time, this solution is just being offered to select Borrowell customers at a membership rate of $5 monthly.

What Does Borrowell Deal?

Free Credit Score Record as well as Rating:

Borrowell has helped more than 2 million Canadians by offering them with the tools they need to better comprehend, master as well as manage their credit scores. Making the most of this deal takes less than 3 mins, and doesn’t have any type of adverse impact on your score (known as a soft credit history questions).

Debt Builder

A more recent offering just readily available to choose Borrowell clients, this product is a credit history structure cost savings car loan that costs $10/monthly, potentially boosts your credit score, as well as provides you back $240 in financial savings at the end of the term.

Bank Card Comparisons

Borrowell has partnered with numerous leading financial institutions such as BMO and Scotiabank to provide a variety of credit card choices for Canadian customers with all different kinds of credit accounts. Their AI powered credit score instructor Molly help in this process.

Personal Loans

After obtaining your Equifax Credit Record and Score, Borrowell presents a range of vetted instalment lending uses from their banks companions, tailored to your credit report. Although Borrowell does not supply finances directly, they do give a convenient method to swiftly contrast financings from trusted partners.

Home Mortgages

Similar to their personalized AI-powered charge card and also finance recommendations, they additionally permit Canadians in the marketplace for a home mortgage a fast means to compare prices, as well as have a better possibility of getting the best offer as well as rate possible.


Compare banking services in a convenient means with Borrowell’s financial institution comparison device that assists locate and also recommend the ideal banking products for you

Insurance Coverage

Canadians can contrast insurance policy items on the internet with Borrowell in addition to discovering as well as taking control of their credit score.

Rent Advantage

Declared in July 2022, Borrowell Rent Advatage allows Canadians to develop debt with their rent for only $5/month. As this product was just revealed, more details are sure to comply with as it presents to all Canadians.

In conclusion, by offering such a vast array of financial tools as well as referrals, Borrowell seeks to be the one quit store that Canadians think of first when it involves any kind of element of the personal financial resources.

Borrowell Company Details

Borrowell Business Summary

Financial Institution in Toronto, Ontario

Borrowell Explains itself as follows: Borrowell is a happily Canadian company with a single goal in mind: to help people make wonderful choices about credit. This is why we were the initial in Canada to supply complimentary credit report as well as reports from our companion, Equifax, Canada’s biggest credit rating bureau.

Borrowell Address

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

Borrowell Products

Free Credit Rating.
Free Credit Score Report.
Credit Coach.
Credit rating Builder.
Rent Advantage.

Borrowell Google Evaluation Summary

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

Borrowell Recent Purchases

2021 – Refresh Financial.

Borrowell Management Team/ Key Individuals

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