Borrowell Review 2022: Quicken Loans Free Credit Report

Quicken Loans Free Credit Report

In the past couple of years, it has ended up being much simpler, much easier and also more affordable for Canadians to swiftly and also securely acquire their totally free credit history and also credit rating record instantaneously online.

Before 2016, the very best way for Canadians to obtain their credit rating report as well as credit history online was to get a cost-free test of Equifax’s costs solutions, or to subscribe to Transunion’s comparable offering.

Thankfully, late in 2016 a leading online car loan provider, Borrowell, partnered with Equifax to offer free credit history records as well as scores to all Canadian customers. This dramatically moved the sector landscape overnight.

Sign up with over 2 million various other Canadians and also immediately get your cost-free credit rating as well as complimentary credit rating record currently Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech company with the goal of making economic prosperity possible for all Canadians. They offer access to on-line debt education and learning, ingenious credit rating tools.

They were the first company in Canada to bring cost-free credit scores reports and ratings from Equifax to the on-line masses.

They also originated the concept of an AI powered credit score coach with their Molly credit scores train offering. Molly makes customized referrals about exactly how to improve credit score, as well as what credit history items would certainly be finest suited to each client based on their specific credit rating record aspects.

In July of 2022 they released Borrowell Rent Advantage which is the very first product to enable Canadians to build their credit scores just by paying their rent every month on schedule. As of press time, this service is just being used to select Borrowell customers at a membership rate of $5 per month.

What Does Borrowell Offer?

Free Credit History Report as well as Rating:

Borrowell has actually aided greater than 2 million Canadians by offering them with the devices they need to better comprehend, master and manage their credit score. Taking advantage of this offer takes less than 3 mins, as well as does not have any type of negative influence on your score (referred to as a soft credit score questions).

Credit Rating Builder

A more recent offering just available to choose Borrowell customers, this item is a credit history structure cost savings car loan that costs $10/monthly, possibly improves your credit history, and also gives you back $240 in savings at the end of the term.

Credit Card Comparisons

Borrowell has partnered with several leading banks such as BMO and also Scotiabank to supply a series of charge card options for Canadian customers with all various sorts of credit history accounts. Their AI powered credit rating coach Molly help in this procedure.

Personal Fundings

After getting your Equifax Credit scores Record as well as Score, Borrowell shows a series of vetted instalment car loan provides from their financial institution companions, tailored to your credit report. Although Borrowell does not provide financings straight, they do provide a practical means to rapidly contrast car loans from trusted companions.

Home Mortgages

Similar to their personalized AI-powered credit card and also car loan recommendations, they additionally allow Canadians in the marketplace for a home mortgage a quick method to compare rates, and have a much better opportunity of getting the most effective offer as well as rate feasible.


Compare financial remedies in a convenient method with Borrowell’s bank contrast device that aids locate and also recommend the appropriate financial products for you

Insurance Policy

Canadians can compare insurance coverage products online with Borrowell in addition to finding out about and also taking control of their credit score.

Rent Advantage

Revealed in July 2022, Borrowell Rent Advatage permits Canadians to construct credit with their rent for only $5/month. As this item was simply introduced, even more information make certain to comply with as it presents to all Canadians.

Finally, by offering such a wide variety of monetary tools and also referrals, Borrowell looks for to be the one stop store that Canadians consider initially when it pertains to any type of element of the personal funds.

Borrowell Company Details

Borrowell Business Summary

Banks in Toronto, Ontario

Borrowell Describes itself as adheres to: Borrowell is a proudly Canadian business with a solitary objective in mind: to aid people make excellent choices about credit report. This is why we were the first in Canada to use complimentary credit report and also records from our partner, Equifax, Canada’s largest credit report bureau.

Borrowell Address

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

Borrowell Products

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

Borrowell Google Testimonial Summary

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

Borrowell Current Acquisitions

2021 – Refresh Financial.

Borrowell Management Team/ Trick People

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