Borrowell Review 2022: Run Free Credit Score

Run Free Credit Score

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

Prior to 2016, the best means for Canadians to obtain their credit report and credit report online was to get a free trial of Equifax’s premium services, or to sign up for Transunion’s similar offering.

The good news is, late in 2016 a leading online financing service provider, Borrowell, partnered with Equifax to provide totally free debt reports and also ratings to all Canadian customers. This dramatically moved the industry landscape over night.

Join over 2 million various other Canadians and instantly obtain your totally free credit report and also complimentary credit history report currently Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech business with the objective of making monetary success possible for all Canadians. They give access to on the internet credit report education and learning, cutting-edge credit report tools.

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

They also originated the idea of an AI powered credit report trainer with their Molly credit rating coach offering. Molly makes tailored suggestions regarding just how to boost credit rating, as well as what credit rating items would be finest suited per client based on their certain credit history record factors.

In July of 2022 they released Borrowell Rent Advantage which is the initial item to permit Canadians to construct their credit report simply by paying their rent each month on time. Since press time, this solution is only being supplied to pick Borrowell customers at a subscription cost of $5 per month.

What Does Borrowell Offer?

Free Credit Report Report and Rating:

Borrowell has aided greater than 2 million Canadians by supplying them with the devices they need to better understand, master as well as handle their credit score. Taking advantage of this deal takes less than 3 minutes, and also doesn’t have any negative impact on your rating (called a soft credit scores query).

Credit Score Builder

A newer offering just available to pick Borrowell clients, this product is a credit score building cost savings car loan that sets you back $10/monthly, possibly improves your credit score, and gives you back $240 in financial savings at the end of the term.

Charge Card Comparisons

Borrowell has partnered with many leading financial institutions such as BMO and also Scotiabank to offer a range of credit card options for Canadian customers with all different types of credit history accounts. Their AI powered credit trainer Molly aids in this process.

Personal Financings

After getting your Equifax Credit Record and also Rating, Borrowell shows a variety of vetted instalment lending provides from their banks companions, tailored to your credit rating. Although Borrowell does not use car loans directly, they do offer a practical way to quickly compare fundings from trusted partners.

Home Loans

Similar to their individualized AI-powered bank card as well as car loan suggestions, they also permit Canadians out there for a home loan a fast means to compare prices, and also have a much better chance of getting the very best bargain and price possible.


Contrast banking services in a hassle-free method with Borrowell’s financial institution comparison tool that aids locate and recommend the right financial products for you


Canadians can compare insurance products online with Borrowell along with discovering and taking control of their credit.

Rent Advantage

Declared in July 2022, Borrowell Rent Advatage enables Canadians to construct credit history with their rent for only $5/month. As this item was simply revealed, even more details make sure to follow as it turns out to all Canadians.

Finally, by supplying such a wide variety of monetary devices as well as recommendations, Borrowell seeks to be the one stop store that Canadians think about first when it concerns any facet of the personal funds.

Borrowell Company Information

Borrowell Company Description

Financial Institution in Toronto, Ontario

Borrowell Defines itself as complies with: Borrowell is a happily Canadian business with a single goal in mind: to aid people make excellent decisions regarding credit report. This is why we were the initial in Canada to provide totally free credit history and also records from our partner, Equifax, Canada’s largest credit scores bureau.

Borrowell Address

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

Borrowell Products

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

Borrowell Google Review Summary

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

Borrowell Current Acquisitions

2021 – Refresh Financial.

Borrowell Leadership Team/ Trick Individuals

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