Borrowell Review 2022: Free Credit Score Legit

Free Credit Score Legit

In the past few years, it has became much simpler, easier as well as less expensive for Canadians to quickly and also firmly obtain their complimentary credit rating and also credit report instantaneously online.

Prior to 2016, the very best way for Canadians to get their debt record as well as credit report online was to obtain a free test of Equifax’s costs services, or to subscribe to Transunion’s comparable offering.

Fortunately, late in 2016 a leading online lending carrier, Borrowell, partnered with Equifax to provide totally free credit rating reports as well as scores to all Canadian consumers. This substantially changed the market landscape overnight.

Join over 2 million other Canadians and also immediately get your free credit report and totally free credit scores record now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech business with the objective of making monetary success possible for all Canadians. They supply accessibility to on-line credit report education, innovative credit report tools.

They were the initial firm in Canada to bring complimentary credit rating records as well as ratings from Equifax to the on-line masses.

They also originated the principle of an AI powered credit history instructor with their Molly debt instructor offering. Molly makes customized suggestions about just how to enhance credit rating, as well as what credit history items would be best fit to each customer based upon their details credit rating report factors.

In July of 2022 they released Borrowell Rent Advantage which is the very first product to permit Canadians to construct their credit rating merely by paying their rent monthly in a timely manner. Since press time, this service is just being supplied to pick Borrowell consumers at a subscription cost of $5 monthly.

What Does Borrowell Deal?

Free Credit Report as well as Rating:

Borrowell has helped more than 2 million Canadians by offering them with the devices they need to much better comprehend, master and handle their credit history. Taking advantage of this offer takes less than 3 mins, and doesn’t have any type of adverse effect on your score (known as a soft credit report inquiry).

Credit Report Builder

A more recent offering only offered to pick Borrowell clients, this product is a debt building financial savings car loan that sets you back $10/monthly, possibly improves your credit score, and gives you back $240 in cost savings at the end of the term.

Bank Card Comparisons

Borrowell has partnered with several leading banks such as BMO as well as Scotiabank to use a range of bank card options for Canadian customers with all various sorts of credit accounts. Their AI powered credit rating coach Molly aids in this process.

Personal Finances

After obtaining your Equifax Credit Record and Rating, Borrowell presents a variety of vetted instalment finance provides from their banks partners, tailored to your credit report. Although Borrowell does not use financings directly, they do give a practical method to quickly contrast loans from trusted partners.

Home Loans

Comparable to their individualized AI-powered bank card and lending recommendations, they additionally allow Canadians on the market for a home loan a quick way to contrast prices, and have a better possibility of getting the very best offer and price possible.


Contrast banking remedies in a convenient method with Borrowell’s financial institution contrast device that aids locate as well as advise the appropriate banking items for you

Insurance Coverage

Canadians can compare insurance coverage items online with Borrowell along with learning about and taking control of their credit history.

Rent Advantage

Announced in July 2022, Borrowell Rent Advatage permits Canadians to develop credit rating with their rent for just $5/month. As this product was simply introduced, even more details are sure to follow as it turns out to all Canadians.

In conclusion, by providing such a wide range of monetary tools as well as suggestions, Borrowell looks for to be the one stop shop that Canadians think about initially when it involves any kind of facet of the personal finances.

Borrowell Firm Details

Borrowell Company Description

Financial Institution in Toronto, Ontario

Borrowell Describes itself as adheres to: Borrowell is a happily Canadian company with a single objective in mind: to help people make fantastic decisions concerning credit score. This is why we were the initial in Canada to use complimentary credit history and reports from our partner, Equifax, Canada’s largest credit report bureau.

Borrowell Address

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

Borrowell Products

Free Credit Report.
Free Credit Rating Record.
Credit report Train.
Credit history Builder.
Rent Advantage.

Borrowell Google Evaluation 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 – Founder & CEO.
Eva Wong – Co-Founder & COO.
Lisa Brown – VP, Individuals & Culture.
Jeff Yim – CFO, Money.
Simon Wyse – VP, Revenue.
Wilson Pappo – VP, Product.
Amruta Karmarkar – VP, Design.