Borrowell Review 2022: How To Check Free Credit Report

How To Check Free Credit Report

In the past few years, it has ended up being much simpler, less complicated and more affordable for Canadians to quickly as well as firmly obtain their totally free credit rating and also credit report quickly online.

Before 2016, the most effective means for Canadians to get their credit rating record as well as credit report online was to get a cost-free trial of Equifax’s premium solutions, or to subscribe to Transunion’s similar offering.

Fortunately, late in 2016 a leading on the internet loan provider, Borrowell, partnered with Equifax to use complimentary credit scores reports and also scores to all Canadian customers. This drastically changed the market landscape overnight.

Join over 2 million other Canadians as well as instantly get your totally free credit score and also free debt record 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 prosperity feasible for all Canadians. They supply accessibility to online credit score education, innovative credit score tools.

They were the very first firm in Canada to bring complimentary credit history reports as well as scores from Equifax to the on the internet masses.

They likewise pioneered the principle of an AI powered credit scores instructor with their Molly credit scores train offering. Molly makes personalized recommendations about just how to enhance credit score, as well as what debt products would certainly be best fit to every customer based upon their certain credit score record factors.

In July of 2022 they released Borrowell Rent Advantage which is the first product to allow Canadians to build their credit scores just by paying their rent each month promptly. Since press time, this service is just being supplied to select Borrowell clients at a registration cost of $5 monthly.

What Does Borrowell Offer?

Free Credit Record and Rating:

Borrowell has actually helped greater than 2 million Canadians by offering them with the devices they require to better recognize, master as well as handle their credit scores. Making use of this deal takes less than 3 mins, and doesn’t have any kind of negative impact on your rating (known as a soft debt questions).

Credit History Builder

A newer offering just offered to choose Borrowell customers, this item is a credit rating building cost savings lending that sets you back $10/monthly, possibly improves your credit rating, and also offers you back $240 in cost savings at the end of the term.

Credit Card Comparisons

Borrowell has actually partnered with many leading banks such as BMO as well as Scotiabank to use a range of charge card choices for Canadian customers with all various sorts of credit accounts. Their AI powered credit score train Molly aids in this procedure.

Personal Car Loans

After acquiring your Equifax Credit score Report and Score, Borrowell shows a variety of vetted instalment financing supplies from their financial institution partners, tailored to your credit rating. Although Borrowell does not offer finances directly, they do give a hassle-free method to promptly compare car loans from trusted companions.


Similar to their individualized AI-powered bank card as well as funding suggestions, they additionally allow Canadians in the marketplace for a home loan a quick way to compare rates, as well as have a far better opportunity of obtaining the best deal and rate possible.


Compare banking remedies in a practical means with Borrowell’s bank comparison tool that aids locate and advise the right financial items for you

Insurance Coverage

Canadians can compare insurance policy products on the internet with Borrowell in addition to discovering and taking control of their credit score.

Rent Advantage

Announced in July 2022, Borrowell Rent Advatage permits Canadians to develop credit history with their rent for only $5/month. As this product was simply announced, even more information are sure to comply with as it presents to all Canadians.

In conclusion, by using such a variety of monetary devices and also recommendations, Borrowell seeks to be the one stop shop that Canadians think about first when it involves any kind of element of the personal financial resources.

Borrowell Firm Info

Borrowell Firm Summary

Financial Institution in Toronto, Ontario

Borrowell Explains itself as complies with: Borrowell is a happily Canadian company with a single goal in mind: to assist individuals make great choices concerning credit scores. This is why we were the first in Canada to provide free credit report and also records from our companion, Equifax, Canada’s biggest credit bureau.

Borrowell Address

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

Borrowell Products

Free Credit Score.
Free Credit Rating Report.
Credit scores Train.
Credit score Builder.
Rent Advantage.

Borrowell Google Evaluation Recap

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

Borrowell Current Procurements

2021 – Refresh Financial.

Borrowell Leadership Group/ Trick People

Andrew Graham – Co-Founder & CEO.
Eva Wong – Founder & COO.
Lisa Brown – VP, Individuals & Culture.
Jeff Yim – CFO, Financing.
Simon Wyse – VP, Profits.
Wilson Pappo – VP, Product.
Amruta Karmarkar – VP, Engineering.