Borrowell Review 2022: Free Credit Score With Discover

Free Credit Score With Discover

In the past couple of years, it has became much less complex, less complicated and also less costly for Canadians to rapidly and safely get their totally free credit score as well as credit score record quickly online.

Prior to 2016, the best means for Canadians to get their debt record as well as credit report online was to obtain a totally free test of Equifax’s premium solutions, or to sign up for Transunion’s comparable offering.

Luckily, late in 2016 a leading online lending provider, Borrowell, partnered with Equifax to provide totally free credit reports and scores to all Canadian customers. This significantly changed the sector landscape over night.

Sign up with over 2 million various other Canadians and also instantaneously get your free credit history and also totally free credit rating record currently Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech company with the objective of making financial prosperity feasible for all Canadians. They provide accessibility to online credit scores education and learning, innovative debt devices.

They were the initial business in Canada to bring totally free credit scores records and also ratings from Equifax to the online masses.

They likewise originated the principle of an AI powered credit scores trainer with their Molly credit score train offering. Molly makes personalized referrals about how to enhance credit history, and what credit history products would be ideal fit to every consumer based upon their certain debt report aspects.

In July of 2022 they released Borrowell Rent Advantage which is the first item to permit Canadians to develop their debt simply by paying their rent monthly on time. Since press time, this service is just being offered to select Borrowell customers at a subscription price of $5 per month.

What Does Borrowell Offer?

Free Credit History Record and also Score:

Borrowell has actually assisted more than 2 million Canadians by providing them with the devices they require to much better comprehend, master and manage their debt. Taking advantage of this offer takes less than 3 mins, and doesn’t have any type of negative impact on your rating (known as a soft credit history inquiry).

Credit Rating Builder

A more recent offering only offered to pick Borrowell customers, this product is a credit score building financial savings funding that sets you back $10/monthly, potentially enhances your credit rating, as well as provides you back $240 in savings at the end of the term.

Bank Card Comparisons

Borrowell has partnered with several leading banks such as BMO and Scotiabank to supply a series of bank card alternatives for Canadian consumers with all different sorts of credit report accounts. Their AI powered credit report train Molly help in this procedure.

Individual Financings

After getting your Equifax Credit score Record and Rating, Borrowell displays a range of vetted instalment funding provides from their financial institution companions, customized to your credit report. Although Borrowell does not provide finances straight, they do supply a convenient way to quickly compare financings from trusted partners.


Comparable to their individualized AI-powered charge card and also car loan recommendations, they also permit Canadians out there for a mortgage a quick means to contrast prices, and have a far better possibility of getting the best deal as well as price feasible.


Contrast financial services in a practical means with Borrowell’s financial institution comparison tool that aids find and also recommend the appropriate financial items for you


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

Rent Advantage

Revealed in July 2022, Borrowell Rent Advatage permits Canadians to build credit scores with their rent for only $5/month. As this product was simply introduced, even more information are sure to adhere to as it presents to all Canadians.

To conclude, by offering such a large range of monetary devices as well as referrals, Borrowell seeks to be the one stop store that Canadians consider first when it pertains to any kind of aspect of the personal financial resources.

Borrowell Business Info

Borrowell Business Summary

Banks in Toronto, Ontario

Borrowell Explains itself as adheres to: Borrowell is a proudly Canadian company with a single goal in mind: to assist people make excellent decisions regarding credit. This is why we were the first in Canada to provide complimentary credit report as well as reports from our partner, Equifax, Canada’s biggest debt bureau.

Borrowell Address

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

Borrowell Products

Free Credit History.
Free Credit Rating Report.
Debt Coach.
Debt Builder.
Rent Advantage.

Borrowell Google Evaluation Recap

Borrowell has 4.5 stars on Google Reviews assembled from over 700 reviews.

Borrowell Recent Procurements

2021 – Refresh Financial.

Borrowell Management Group/ Key Individuals

Andrew Graham – Founder & CHIEF EXECUTIVE OFFICER.
Eva Wong – Founder & COO.
Lisa Brown – VP, People & Society.
Jeff Yim – CFO, Money.
Simon Wyse – VP, Earnings.
Wilson Pappo – VP, Item.
Amruta Karmarkar – VP, Engineering.