Borrowell Review 2022: Free Credit Score Lookup

Free Credit Score Lookup

In the past couple of years, it has came to be much easier, easier and also cheaper for Canadians to promptly and also securely acquire their totally free credit score and also credit score record immediately online.

Before 2016, the best way for Canadians to get their credit scores report as well as credit score online was to obtain a free test of Equifax’s costs solutions, or to subscribe to Transunion’s similar offering.

Thankfully, late in 2016 a leading on the internet loan supplier, Borrowell, partnered with Equifax to use free credit reports as well as scores to all Canadian consumers. This drastically changed the market landscape over night.

Sign up with over 2 million other Canadians and instantaneously obtain your free credit history and totally free debt record now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech firm with the objective of making economic prosperity feasible for all Canadians. They supply accessibility to on-line credit rating education, ingenious credit report devices.

They were the initial business in Canada to bring complimentary debt records and also ratings from Equifax to the on the internet masses.

They also spearheaded the concept of an AI powered credit instructor with their Molly credit score train offering. Molly makes customized referrals concerning exactly how to boost credit history, and what credit history items would be ideal suited per consumer based upon their particular credit score report aspects.

In July of 2022 they launched Borrowell Rent Advantage which is the initial product to allow Canadians to construct their credit just by paying their rent monthly on schedule. As of press time, this service is just being used to choose Borrowell customers at a membership price of $5 each month.

What Does Borrowell Offer?

Free Debt Record as well as Score:

Borrowell has helped greater than 2 million Canadians by giving them with the tools they require to better understand, master and also manage their credit. Taking advantage of this deal takes less than 3 mins, as well as does not have any adverse effect on your score (called a soft debt inquiry).

Credit Report Builder

A newer offering just offered to pick Borrowell customers, this product is a credit report structure cost savings finance that sets you back $10/monthly, potentially boosts your credit score, as well as provides you back $240 in cost savings at the end of the term.

Credit Card Comparisons

Borrowell has partnered with lots of leading financial institutions such as BMO and also Scotiabank to provide a range of credit card choices for Canadian consumers with all different kinds of credit score profiles. Their AI powered credit rating instructor Molly aids in this process.

Individual Financings

After acquiring your Equifax Credit scores Report and also Score, Borrowell shows a range of vetted instalment financing supplies from their banks companions, customized to your credit report. Although Borrowell does not supply lendings directly, they do give a hassle-free way to quickly contrast financings from trusted partners.

Mortgages

Comparable to their personalized AI-powered charge card and funding referrals, they also allow Canadians on the market for a home loan a fast way to contrast prices, and also have a better chance of obtaining the very best bargain as well as price possible.

Banking

Contrast financial services in a hassle-free means with Borrowell’s bank contrast device that aids locate and also suggest the ideal banking products for you

Insurance

Canadians can compare insurance coverage products online with Borrowell along with finding out about as well as taking control of their credit history.

Rent Advantage

Declared in July 2022, Borrowell Rent Advatage permits Canadians to construct credit history with their rent for just $5/month. As this item was simply introduced, more information are sure to adhere to as it turns out to all Canadians.

Finally, by using such a variety of financial devices and also recommendations, Borrowell looks for to be the one quit shop that Canadians think of first when it involves any type of aspect of the individual finances.

Borrowell Company Information

Borrowell Business Description

Banks in Toronto, Ontario

Borrowell Describes itself as adheres to: Borrowell is a proudly Canadian company with a solitary goal in mind: to assist individuals make fantastic choices about credit history. This is why we were the initial in Canada to provide cost-free credit rating and also records from our companion, Equifax, Canada’s largest credit scores bureau.

Borrowell Address

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

Borrowell Products

Free Credit Report.
Free Debt Report.
Debt Train.
Credit score Builder.
Rent Advantage.

Borrowell Google Evaluation Summary

Borrowell has 4.5 stars on Google Reviews compiled from over 700 testimonials.

Borrowell Recent Purchases

2021 – Refresh Financial.

Borrowell Management Team/ Secret Individuals

Andrew Graham – Co-Founder & CHIEF EXECUTIVE OFFICER.
Eva Wong – Founder & COO.
Lisa Brown – VP, People & Culture.
Jeff Yim – CFO, Financing.
Simon Wyse – VP, Income.
Wilson Pappo – VP, Item.
Amruta Karmarkar – VP, Design.