Borrowell Review 2022: My Free Credit Report Yearly

My Free Credit Report Yearly

In the past couple of years, it has came to be much easier, easier and also less expensive for Canadians to promptly as well as firmly get their cost-free credit history as well as credit scores report promptly online.

Prior to 2016, the very best method for Canadians to get their debt report and also credit history online was to obtain a totally free trial of Equifax’s costs solutions, or to subscribe to Transunion’s similar offering.

Thankfully, late in 2016 a leading on the internet lending supplier, Borrowell, partnered with Equifax to offer cost-free credit scores reports as well as scores to all Canadian customers. This considerably changed the industry landscape overnight.

Join over 2 million other Canadians as well as promptly obtain your totally free credit score as well as complimentary credit score 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 economic prosperity possible for all Canadians. They give access to online debt education, cutting-edge credit history tools.

They were the initial business in Canada to bring free credit scores reports and also scores from Equifax to the on-line masses.

They additionally pioneered the idea of an AI powered credit train with their Molly credit history instructor offering. Molly makes individualized referrals about how to boost credit rating, as well as what credit score items would certainly be finest fit per client based on their details credit rating report elements.

In July of 2022 they launched Borrowell Rent Advantage which is the first product to enable Canadians to develop their credit simply by paying their rent every month in a timely manner. As of press time, this service is just being used to pick Borrowell clients at a registration cost of $5 monthly.

What Does Borrowell Deal?

Free Credit Score Record and Score:

Borrowell has helped greater than 2 million Canadians by offering them with the devices they require to much better understand, master and manage their credit rating. Capitalizing on this deal takes less than 3 mins, and also doesn’t have any kind of negative impact on your rating (called a soft credit questions).

Credit History Builder

A more recent offering just offered to pick Borrowell consumers, this product is a credit report building financial savings finance that costs $10/monthly, potentially improves your credit report, and also provides you back $240 in savings at the end of the term.

Bank Card Comparisons

Borrowell has actually partnered with many leading banks such as BMO as well as Scotiabank to provide a range of credit card choices for Canadian customers with all different types of debt accounts. Their AI powered debt trainer Molly aids in this procedure.

Personal Fundings

After getting your Equifax Credit history Report as well as Rating, Borrowell presents a series of vetted instalment funding provides from their financial institution partners, tailored to your credit history. Although Borrowell does not offer fundings straight, they do give a convenient way to quickly compare financings from relied on partners.

Home Mortgages

Comparable to their individualized AI-powered credit card as well as financing suggestions, they likewise enable Canadians on the market for a home loan a fast method to contrast rates, and have a better chance of getting the most effective deal and also rate possible.


Contrast banking remedies in a convenient method with Borrowell’s financial institution comparison device that assists locate as well as suggest the right banking items for you

Insurance Policy

Canadians can compare insurance coverage items on-line with Borrowell along with finding out about as well as taking control of their credit report.

Rent Advantage

Reported in July 2022, Borrowell Rent Advatage permits Canadians to construct credit report with their rent for just $5/month. As this product was just introduced, more information make certain to comply with as it rolls out to all Canadians.

To conclude, by using such a wide range of monetary tools and suggestions, Borrowell looks for to be the one stop shop that Canadians think about first when it comes to any kind of facet of the individual financial resources.

Borrowell Company Details

Borrowell Business Summary

Banks in Toronto, Ontario

Borrowell Describes itself as follows: Borrowell is a proudly Canadian business with a single goal in mind: to help people make great decisions concerning credit scores. This is why we were the initial in Canada to provide totally free credit rating and records from our companion, Equifax, Canada’s biggest debt bureau.

Borrowell Address

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

Borrowell Products

Free Credit History.
Free Debt Record.
Credit Coach.
Credit history Builder.
Rent Advantage.

Borrowell Google Review Recap

Borrowell has 4.5 celebrities on Google Reviews assembled from over 700 reviews.

Borrowell Current Procurements

2021 – Refresh Financial.

Borrowell Leadership Group/ Key Individuals

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