Borrowell Review 2022: My Equifax Free Credit Report

My Equifax Free Credit Report

In the past couple of years, it has ended up being much easier, less complicated and less costly for Canadians to quickly and safely acquire their cost-free credit history and credit record instantly online.

Before 2016, the most effective method for Canadians to obtain their credit report and also credit report online was to obtain a cost-free trial of Equifax’s premium solutions, or to register for Transunion’s comparable offering.

Fortunately, late in 2016 a leading online car loan carrier, Borrowell, partnered with Equifax to supply cost-free credit rating records and also ratings to all Canadian customers. This significantly changed the industry landscape over night.

Sign up with over 2 million other Canadians and quickly get your cost-free credit score as well as cost-free credit score report now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech firm with the objective of making monetary success possible for all Canadians. They offer access to on-line debt education and learning, ingenious debt devices.

They were the first company in Canada to bring free credit scores reports and also scores from Equifax to the on the internet masses.

They likewise spearheaded the concept of an AI powered debt coach with their Molly credit scores train offering. Molly makes customized suggestions concerning exactly how to enhance credit history, as well as what credit history items would certainly be best matched per customer based on their certain debt record factors.

In July of 2022 they launched Borrowell Rent Advantage which is the initial item to enable Canadians to build their credit rating just by paying their rent each month on schedule. Since press time, this service is only being offered to select Borrowell clients at a registration rate of $5 per month.

What Does Borrowell Offer?

Free Debt Record as well as Score:

Borrowell has actually helped more than 2 million Canadians by supplying them with the tools they require to much better understand, master and also handle their credit history. Making the most of this offer takes less than 3 minutes, and also does not have any kind of adverse effect on your score (referred to as a soft credit score query).

Debt Builder

A more recent offering only readily available to pick Borrowell customers, this item is a credit scores building cost savings finance that sets you back $10/monthly, possibly enhances your credit history, and also provides you back $240 in financial savings at the end of the term.

Credit Card Comparisons

Borrowell has actually partnered with numerous leading financial institutions such as BMO and Scotiabank to supply a series of bank card alternatives for Canadian customers with all different kinds of credit scores profiles. Their AI powered credit history train Molly aids in this procedure.

Individual Fundings

After getting your Equifax Debt Report as well as Rating, Borrowell presents a range of vetted instalment financing provides from their banks partners, tailored to your credit history. Although Borrowell does not supply finances straight, they do supply a hassle-free way to quickly compare loans from relied on companions.

Home Loans

Similar to their individualized AI-powered credit card and also car loan referrals, they likewise enable Canadians out there for a home mortgage a quick means to compare rates, and also have a far better chance of obtaining the best bargain and also price feasible.

Financial

Contrast banking remedies in a hassle-free method with Borrowell’s financial institution contrast tool that helps locate and also recommend the right banking items for you

Insurance Coverage

Canadians can contrast insurance policy items online with Borrowell along with discovering and taking control of their debt.

Rent Advantage

Announced in July 2022, Borrowell Rent Advatage enables Canadians to construct credit rating with their rent for just $5/month. As this item was just announced, more information make sure to follow as it presents to all Canadians.

Finally, by using such a wide range of monetary devices and referrals, Borrowell seeks to be the one stop store that Canadians think of first when it concerns any type of facet of the personal funds.

Borrowell Firm Details

Borrowell Business Description

Banks in Toronto, Ontario

Borrowell Describes itself as complies with: Borrowell is a happily Canadian business with a single objective in mind: to assist people make excellent choices about credit report. This is why we were the initial in Canada to offer cost-free credit rating and also records from our partner, Equifax, Canada’s biggest credit report bureau.

Borrowell Address

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

Borrowell Products

Free Credit History.
Free Credit Report.
Credit scores Coach.
Credit rating Builder.
Rent Advantage.

Borrowell Google Evaluation Summary

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

Borrowell Recent Purchases

2021 – Refresh Financial.

Borrowell Management Team/ Key People

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