Borrowell Review 2022: My Free Credit Report

My Free Credit Report

In the past few years, it has came to be much less complex, less complicated and also less expensive for Canadians to rapidly and securely get their complimentary credit history as well as debt record immediately online.

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

Thankfully, late in 2016 a leading on the internet funding carrier, Borrowell, partnered with Equifax to provide totally free credit rating reports and also ratings to all Canadian customers. This drastically shifted the sector landscape over night.

Join over 2 million other Canadians and also quickly obtain your complimentary credit rating and also complimentary credit rating 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 economic prosperity feasible for all Canadians. They supply accessibility to online credit score education and learning, ingenious credit history tools.

They were the very first company in Canada to bring totally free debt reports as well as ratings from Equifax to the on the internet masses.

They also originated the concept of an AI powered credit report trainer with their Molly credit history coach offering. Molly makes individualized suggestions regarding just how to enhance credit score, as well as what credit score items would certainly be best fit per customer based upon their certain credit record variables.

In July of 2022 they released Borrowell Rent Advantage which is the very first product to allow Canadians to construct their credit rating merely by paying their rent monthly in a timely manner. Since press time, this solution is just being supplied to pick Borrowell clients at a membership price of $5 per month.

What Does Borrowell Offer?

Free Credit Record and Score:

Borrowell has actually helped greater than 2 million Canadians by providing them with the tools they need to better understand, master and manage their credit history. Capitalizing on this offer takes less than 3 mins, and does not have any type of adverse impact on your score (referred to as a soft credit report query).

Credit Scores Builder

A more recent offering only offered to select Borrowell customers, this item is a credit structure cost savings finance that costs $10/monthly, possibly boosts your credit rating, as well as provides you back $240 in savings at the end of the term.

Credit Card Comparisons

Borrowell has actually partnered with many leading financial institutions such as BMO as well as Scotiabank to offer a variety of charge card options for Canadian customers with all various types of credit scores profiles. Their AI powered credit rating train Molly aids in this process.

Individual Finances

After getting your Equifax Credit rating Report and also Rating, Borrowell displays a series of vetted instalment funding supplies from their banks companions, tailored to your credit report. Although Borrowell does not supply finances directly, they do offer a convenient way to promptly contrast lendings from trusted companions.


Similar to their personalized AI-powered bank card and funding suggestions, they also permit Canadians in the market for a mortgage a quick way to contrast rates, and have a better chance of getting the best deal and rate feasible.


Contrast banking options in a convenient means with Borrowell’s financial institution comparison device that aids discover and also advise the right banking products for you

Insurance Policy

Canadians can compare insurance policy items on the internet with Borrowell along with learning more about as well as taking control of their credit rating.

Rent Advantage

Reported in July 2022, Borrowell Rent Advatage permits Canadians to construct credit history with their rent for just $5/month. As this item was just announced, more details are sure to adhere to as it turns out to all Canadians.

Finally, by using such a wide variety of economic devices and also referrals, Borrowell looks for to be the one stop store that Canadians think about first when it pertains to any kind of facet of the personal funds.

Borrowell Company Info

Borrowell Firm Description

Financial Institution in Toronto, Ontario

Borrowell Defines itself as follows: Borrowell is a proudly Canadian business with a solitary objective in mind: to aid individuals make excellent choices regarding credit rating. This is why we were the initial in Canada to use cost-free credit report and records from our companion, Equifax, Canada’s biggest credit score bureau.

Borrowell Address

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

Borrowell Products

Free Credit Rating.
Free Credit History Report.
Credit scores Coach.
Debt Builder.
Rent Advantage.

Borrowell Google Evaluation Summary

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

Borrowell Recent Acquisitions

2021 – Refresh Financial.

Borrowell Leadership Team/ Secret People

Andrew Graham – Co-Founder & CHIEF EXECUTIVE OFFICER.
Eva Wong – Founder & COO.
Lisa Brown – VP, Individuals & Society.
Jeff Yim – CFO, Money.
Simon Wyse – VP, Earnings.
Wilson Pappo – VP, Product.
Amruta Karmarkar – VP, Design.