Borrowell Review 2022: Is Lendingtree Free Credit Score Legit

Is Lendingtree Free Credit Score Legit

In the past couple of years, it has became much simpler, simpler and more affordable for Canadians to rapidly and safely acquire their cost-free credit score and credit scores report immediately online.

Prior to 2016, the very best method for Canadians to obtain their credit rating record as well as credit report online was to obtain a cost-free trial of Equifax’s premium solutions, or to sign up for Transunion’s comparable offering.

Luckily, late in 2016 a leading on-line financing supplier, Borrowell, partnered with Equifax to use free debt records and also ratings to all Canadian customers. This substantially changed the industry landscape over night.

Join over 2 million other Canadians and promptly obtain your cost-free credit history and complimentary credit score report currently Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech business with the objective of making financial prosperity possible for all Canadians. They offer accessibility to on the internet credit rating education and learning, innovative credit tools.

They were the first business in Canada to bring complimentary credit history reports as well as scores from Equifax to the on-line masses.

They additionally originated the idea of an AI powered credit scores coach with their Molly credit scores coach offering. Molly makes customized recommendations about how to enhance credit score, as well as what credit rating items would certainly be ideal matched per client based on their details credit history report variables.

In July of 2022 they released Borrowell Rent Advantage which is the very first item to enable Canadians to construct their credit scores simply by paying their rent every month promptly. Since press time, this solution is just being supplied to choose Borrowell clients at a membership cost of $5 each month.

What Does Borrowell Deal?

Free Credit History Record as well as Rating:

Borrowell has actually aided greater than 2 million Canadians by offering them with the devices they require to much better recognize, master and also manage their credit score. Benefiting from this deal takes less than 3 mins, and also does not have any kind of adverse influence on your score (known as a soft credit history query).

Credit Score Builder

A more recent offering only available to select Borrowell consumers, this product is a credit rating building cost savings lending that costs $10/monthly, possibly enhances your credit score, as well as provides you back $240 in savings at the end of the term.

Bank Card Comparisons

Borrowell has partnered with many leading financial institutions such as BMO as well as Scotiabank to supply a variety of charge card alternatives for Canadian customers with all different kinds of credit rating profiles. Their AI powered credit scores trainer Molly aids in this process.

Individual Car Loans

After getting your Equifax Credit Report as well as Rating, Borrowell presents a series of vetted instalment lending provides from their banks partners, customized to your credit report. Although Borrowell does not use loans straight, they do provide a practical method to rapidly compare car loans from trusted partners.

Home Mortgages

Similar to their customized AI-powered credit card and also loan recommendations, they likewise enable Canadians out there for a home loan a quick means to contrast rates, and have a better opportunity of getting the very best offer and also price possible.


Contrast financial remedies in a practical means with Borrowell’s financial institution contrast device that aids discover and advise the ideal financial products for you

Insurance Coverage

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

Rent Advantage

Announced in July 2022, Borrowell Rent Advatage allows Canadians to develop credit score with their rent for only $5/month. As this item was simply introduced, more information make certain to follow as it presents to all Canadians.

Finally, by supplying such a wide variety of economic tools as well as suggestions, Borrowell seeks to be the one quit store that Canadians consider initially when it comes to any facet of the individual financial resources.

Borrowell Business Details

Borrowell Firm Summary

Financial Institution in Toronto, Ontario

Borrowell Describes itself as adheres to: Borrowell is a proudly Canadian company with a solitary goal in mind: to aid individuals make great choices concerning debt. This is why we were the first in Canada to offer free credit scores as well as records from our partner, Equifax, Canada’s largest credit scores bureau.

Borrowell Address

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

Borrowell Products

Free Credit Score.
Free Credit Scores Report.
Credit Train.
Credit rating Builder.
Rent Advantage.

Borrowell Google Review Recap

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

Borrowell Current Acquisitions

2021 – Refresh Financial.

Borrowell Management Group/ Secret People

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