Borrowell Review 2022: Simah Free Credit Report

Simah Free Credit Report

In the past couple of years, it has came to be much easier, less complicated as well as cheaper for Canadians to swiftly and securely obtain their free credit score as well as credit rating record instantaneously online.

Prior to 2016, the very best method for Canadians to obtain their credit record and also credit history online was to obtain a free test of Equifax’s premium services, or to subscribe to Transunion’s comparable offering.

Fortunately, late in 2016 a leading on the internet funding carrier, Borrowell, partnered with Equifax to offer cost-free credit report records and scores to all Canadian customers. This substantially shifted the market landscape overnight.

Join over 2 million other Canadians as well as quickly obtain your free credit rating and totally free credit scores record currently Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech firm with the goal of making monetary success feasible for all Canadians. They supply access to on the internet credit rating education and learning, ingenious credit report devices.

They were the initial business in Canada to bring cost-free credit rating reports as well as scores from Equifax to the on-line masses.

They likewise originated the idea of an AI powered credit score coach with their Molly credit history train offering. Molly makes personalized referrals concerning exactly how to boost credit rating, and what credit scores items would be best matched per consumer based upon their certain debt record factors.

In July of 2022 they launched Borrowell Rent Advantage which is the initial product to allow Canadians to develop their credit history merely by paying their rent every month on time. Since press time, this service is just being used to pick Borrowell consumers at a registration rate of $5 each month.

What Does Borrowell Deal?

Free Credit Record and Rating:

Borrowell has helped more than 2 million Canadians by offering them with the tools they require to better understand, master and also manage their credit rating. Taking advantage of this deal takes less than 3 mins, and also does not have any kind of unfavorable impact on your score (known as a soft credit report query).

Debt Builder

A more recent offering just available to pick Borrowell clients, this product is a credit scores structure financial savings finance that sets you back $10/monthly, possibly improves your credit score, as well as provides 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 Scotiabank to use a variety of charge card alternatives for Canadian consumers with all various sorts of credit rating profiles. Their AI powered debt instructor Molly help in this process.

Individual Lendings

After acquiring your Equifax Debt Report and Rating, Borrowell presents a series of vetted instalment financing uses from their financial institution companions, tailored to your credit history. Although Borrowell does not use lendings directly, they do provide a hassle-free way to rapidly contrast loans from relied on companions.

Home Loans

Comparable to their customized AI-powered credit card and loan recommendations, they likewise enable Canadians in the market for a home mortgage a quick means to contrast rates, and have a much better opportunity of obtaining the best deal and also rate feasible.


Compare financial remedies in a practical means with Borrowell’s bank comparison tool that helps discover as well as advise the best financial products for you

Insurance Policy

Canadians can contrast insurance policy items on the internet with Borrowell along with learning about as well as taking control of their debt.

Rent Advantage

Declared in July 2022, Borrowell Rent Advatage allows Canadians to develop credit score with their rent for just $5/month. As this product was just introduced, even more details make sure to follow as it rolls out to all Canadians.

To conclude, by using such a vast array of monetary devices and recommendations, Borrowell looks for to be the one quit shop that Canadians think of initially when it comes to any facet of the personal funds.

Borrowell Business Information

Borrowell Company Summary

Financial Institution in Toronto, Ontario

Borrowell Describes itself as complies with: Borrowell is a proudly Canadian firm with a solitary goal in mind: to help people make wonderful choices about credit score. This is why we were the first in Canada to provide cost-free credit report 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 Score.
Free Credit Rating Report.
Debt Coach.
Credit rating Builder.
Rent Advantage.

Borrowell Google Review Summary

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

Borrowell Recent Acquisitions

2021 – Refresh Financial.

Borrowell Management Team/ Secret Individuals

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