Borrowell Review 2022: Lexington Law Free Credit Report

Lexington Law Free Credit Report

In the past few years, it has became much easier, simpler and less expensive for Canadians to promptly as well as safely obtain their cost-free credit report as well as credit score report immediately online.

Prior to 2016, the very best method for Canadians to get their credit history record and credit rating online was to get a free test of Equifax’s costs services, or to sign up for Transunion’s similar offering.

Fortunately, late in 2016 a leading on the internet funding provider, Borrowell, partnered with Equifax to offer totally free credit score reports and ratings to all Canadian customers. This significantly changed the industry landscape over night.

Sign up with over 2 million other Canadians and instantly obtain your cost-free credit report and also cost-free credit history report now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech company with the goal of making financial prosperity feasible for all Canadians. They offer access to online credit education, cutting-edge credit tools.

They were the first company in Canada to bring complimentary debt reports and scores from Equifax to the on the internet masses.

They also originated the concept of an AI powered credit history trainer with their Molly credit score train offering. Molly makes individualized suggestions regarding just how to boost credit rating, and what credit history products would certainly be finest fit to each customer based upon their details credit report variables.

In July of 2022 they released Borrowell Rent Advantage which is the first product to enable Canadians to construct their credit just by paying their rent monthly in a timely manner. As of press time, this service is just being offered to select Borrowell clients at a registration price of $5 each month.

What Does Borrowell Deal?

Free Credit Rating Record as well as Score:

Borrowell has actually aided more than 2 million Canadians by supplying them with the devices they require to better understand, master and handle their credit scores. Making use of this deal takes less than 3 mins, as well as does not have any kind of negative effect on your score (known as a soft credit scores inquiry).

Credit History Builder

A more recent offering only available to select Borrowell clients, this item is a credit history building cost savings car loan that sets you back $10/monthly, potentially boosts your credit history, and also offers you back $240 in savings at the end of the term.

Charge Card Comparisons

Borrowell has partnered with lots of leading financial institutions such as BMO and Scotiabank to offer a series of bank card choices for Canadian consumers with all various sorts of credit history profiles. Their AI powered credit score train Molly help in this process.

Individual Loans

After getting your Equifax Credit score Record as well as Rating, Borrowell presents a range of vetted instalment car loan provides from their banks partners, customized to your credit history. Although Borrowell does not supply financings straight, they do give a convenient method to quickly compare finances from relied on companions.


Comparable to their personalized AI-powered credit card and financing recommendations, they also allow Canadians in the marketplace for a mortgage a quick means to contrast rates, as well as have a much better chance of getting the best offer and also price feasible.


Compare banking remedies in a convenient way with Borrowell’s bank comparison tool that aids find and suggest the best financial items for you

Insurance Policy

Canadians can compare insurance products on the internet with Borrowell along with finding out about as well as taking control of their credit report.

Rent Advantage

Revealed in July 2022, Borrowell Rent Advatage permits Canadians to develop credit rating with their rent for only $5/month. As this product was simply introduced, even more details are sure to comply with as it rolls out to all Canadians.

To conclude, by supplying such a wide range of economic tools and recommendations, Borrowell seeks to be the one stop shop that Canadians think about initially when it pertains to any element of the personal funds.

Borrowell Company Details

Borrowell Business Description

Financial Institution in Toronto, Ontario

Borrowell Describes itself as complies with: Borrowell is a proudly Canadian firm with a solitary goal in mind: to aid individuals make excellent choices concerning credit scores. This is why we were the initial in Canada to supply complimentary credit scores as well as records from our partner, Equifax, Canada’s biggest credit history bureau.

Borrowell Address

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

Borrowell Products

Free Credit Rating.
Free Debt Report.
Credit score Coach.
Credit report Builder.
Rent Advantage.

Borrowell Google Review Recap

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

Borrowell Current Purchases

2021 – Refresh Financial.

Borrowell Leadership Team/ Key People

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