Borrowell Review 2022: Legit Free Credit Score

Legit Free Credit Score

In the past few years, it has ended up being much easier, simpler and less expensive for Canadians to swiftly and also securely acquire their free credit report as well as credit report promptly online.

Prior to 2016, the very best method for Canadians to obtain their credit report and credit score online was to obtain a free test of Equifax’s premium services, or to sign up for Transunion’s comparable offering.

Thankfully, late in 2016 a leading online lending service provider, Borrowell, partnered with Equifax to use totally free credit score records as well as scores to all Canadian customers. This drastically moved the sector landscape overnight.

Join over 2 million other Canadians and also immediately obtain your totally free credit rating and also totally free debt report currently Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech firm with the objective of making financial success possible for all Canadians. They supply accessibility to online debt education and learning, innovative credit rating devices.

They were the first company in Canada to bring free credit score records and also scores from Equifax to the on-line masses.

They also spearheaded the principle of an AI powered credit train with their Molly credit rating trainer offering. Molly makes tailored suggestions concerning just how to improve credit score, as well as what credit score items would be finest matched to each client based on their specific credit scores record elements.

In July of 2022 they released Borrowell Rent Advantage which is the very first product to enable Canadians to develop their credit rating simply by paying their rent monthly in a timely manner. Since press time, this solution is just being provided to pick Borrowell clients at a membership rate of $5 each month.

What Does Borrowell Offer?

Free Credit Rating Record and also Score:

Borrowell has actually assisted greater than 2 million Canadians by providing them with the tools they require to better understand, master and handle their credit scores. Making the most of this offer takes less than 3 minutes, and also doesn’t have any adverse effect on your score (called a soft credit questions).

Credit History Builder

A newer offering just readily available to pick Borrowell consumers, this item is a debt building savings loan that sets you back $10/monthly, potentially enhances your credit report, and provides you back $240 in cost savings at the end of the term.

Credit Card Comparisons

Borrowell has actually partnered with numerous leading banks such as BMO as well as Scotiabank to use a variety of charge card alternatives for Canadian customers with all different kinds of debt accounts. Their AI powered credit report trainer Molly aids in this process.

Personal Car Loans

After acquiring your Equifax Credit Report and Score, Borrowell displays a variety of vetted instalment funding supplies from their financial institution companions, tailored to your credit report. Although Borrowell does not supply car loans straight, they do give a hassle-free means to rapidly contrast lendings from relied on partners.

Home Loans

Similar to their personalized AI-powered charge card as well as car loan suggestions, they also permit Canadians out there for a home mortgage a quick method to compare prices, and have a much better opportunity of obtaining the best deal as well as price possible.


Compare banking services in a practical method with Borrowell’s bank contrast tool that assists find as well as suggest the right financial products for you


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

Rent Advantage

Announced in July 2022, Borrowell Rent Advatage allows Canadians to build credit history with their rent for only $5/month. As this product was just revealed, more details make certain to follow as it rolls out to all Canadians.

Finally, by using such a wide variety of monetary tools and also referrals, Borrowell seeks to be the one stop store that Canadians think about initially when it pertains to any element of the personal finances.

Borrowell Company Info

Borrowell Business Description

Financial Institution in Toronto, Ontario

Borrowell Explains itself as adheres to: Borrowell is a proudly Canadian firm with a single goal in mind: to aid people make terrific choices about credit. This is why we were the initial in Canada to use cost-free credit history and reports from our companion, Equifax, Canada’s largest credit report bureau.

Borrowell Address

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

Borrowell Products

Free Credit History.
Free Credit Report.
Credit Train.
Credit Builder.
Rent Advantage.

Borrowell Google Testimonial Recap

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

Borrowell Recent Procurements

2021 – Refresh Financial.

Borrowell Leadership Group/ Key People

Andrew Graham – Founder & CHIEF EXECUTIVE OFFICER.
Eva Wong – Founder & COO.
Lisa Brown – VP, Individuals & Culture.
Jeff Yim – CFO, Money.
Simon Wyse – VP, Revenue.
Wilson Pappo – VP, Product.
Amruta Karmarkar – VP, Engineering.