Borrowell Review 2022: Free Credit Score Report Online

Free Credit Score Report Online

In the past few years, it has became much simpler, much easier as well as less costly for Canadians to swiftly and securely acquire their totally free credit report and credit history record promptly online.

Prior to 2016, the very best method for Canadians to obtain their credit score record and credit report online was to obtain a cost-free test of Equifax’s costs solutions, or to subscribe to Transunion’s similar offering.

Fortunately, late in 2016 a leading on-line finance company, Borrowell, partnered with Equifax to supply cost-free credit report records and also ratings to all Canadian customers. This significantly changed the sector landscape over night.

Join over 2 million various other Canadians and also quickly obtain your cost-free credit report and cost-free credit rating report currently Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech firm with the goal of making economic success possible for all Canadians. They provide access to online debt education, ingenious credit rating tools.

They were the very first company in Canada to bring totally free credit history reports and ratings from Equifax to the on the internet masses.

They additionally spearheaded the principle of an AI powered credit report coach with their Molly credit rating train offering. Molly makes customized referrals about just how to boost credit score, and also what credit score products would be ideal fit to each client based on their details credit rating record variables.

In July of 2022 they released Borrowell Rent Advantage which is the very first product to allow Canadians to develop their credit report just by paying their rent monthly on time. As of press time, this solution is just being used to select Borrowell consumers at a subscription rate of $5 monthly.

What Does Borrowell Offer?

Free Debt Report and also Rating:

Borrowell has assisted more than 2 million Canadians by giving them with the devices they need to much better comprehend, master and manage their credit history. Benefiting from this deal takes less than 3 minutes, and doesn’t have any type of unfavorable influence on your score (referred to as a soft credit report questions).

Credit Builder

A newer offering just readily available to select Borrowell consumers, this product is a credit scores building savings loan that costs $10/monthly, possibly enhances your credit score, and offers you back $240 in financial savings at the end of the term.

Charge Card Comparisons

Borrowell has partnered with numerous leading banks such as BMO as well as Scotiabank to supply a range of bank card alternatives for Canadian consumers with all various kinds of credit accounts. Their AI powered credit train Molly help in this procedure.

Individual Car Loans

After obtaining your Equifax Credit report Record and Rating, Borrowell presents a range of vetted instalment finance supplies from their banks companions, tailored to your credit score. Although Borrowell does not provide fundings straight, they do offer a convenient means to quickly contrast loans from trusted partners.


Similar to their personalized AI-powered credit card and funding suggestions, they also permit Canadians in the market for a home loan a quick means to compare prices, and have a far better opportunity of obtaining the very best deal and also rate feasible.


Contrast financial remedies in a practical method with Borrowell’s bank comparison tool that assists discover and suggest the right banking items for you


Canadians can contrast insurance products on-line with Borrowell along with learning more about and taking control of their credit rating.

Rent Advantage

Revealed in July 2022, Borrowell Rent Advatage enables Canadians to construct credit score with their rent for just $5/month. As this item was just introduced, even more information make certain to adhere to as it presents to all Canadians.

To conclude, by using such a large range of economic devices as well as recommendations, Borrowell looks for to be the one quit shop that Canadians consider first when it involves any kind of aspect of the individual funds.

Borrowell Business Information

Borrowell Firm Summary

Financial Institution in Toronto, Ontario

Borrowell Explains itself as complies with: Borrowell is a happily Canadian business with a single goal in mind: to assist people make great decisions about credit scores. This is why we were the initial in Canada to provide totally free credit rating and also reports from our companion, Equifax, Canada’s largest debt bureau.

Borrowell Address

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

Borrowell Products

Free Credit Report.
Free Credit Record.
Credit score Coach.
Credit Builder.
Rent Advantage.

Borrowell Google Review Recap

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

Borrowell Recent Acquisitions

2021 – Refresh Financial.

Borrowell Management Group/ Secret Individuals

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