Borrowell Review 2022: Site For Free Credit Report

Site For Free Credit Report

In the past few years, it has ended up being much less complex, easier as well as more affordable for Canadians to promptly as well as safely get their free credit rating and also credit score report instantly online.

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

Fortunately, late in 2016 a leading on-line financing service provider, Borrowell, partnered with Equifax to use cost-free credit reports and ratings to all Canadian customers. This substantially moved the market landscape over night.

Join over 2 million other Canadians and instantaneously obtain your free credit report and free debt record currently Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech firm with the objective of making monetary success feasible for all Canadians. They give access to on the internet credit education and learning, innovative credit scores devices.

They were the very first company in Canada to bring complimentary credit history records and also ratings from Equifax to the on the internet masses.

They additionally pioneered the principle of an AI powered credit rating instructor with their Molly credit history coach offering. Molly makes personalized recommendations about just how to enhance credit score, and what credit history items would be ideal fit to every customer based upon their particular credit scores report elements.

In July of 2022 they released Borrowell Rent Advantage which is the very first product to allow Canadians to construct their credit rating just by paying their rent every month on time. Since press time, this service is just being supplied to select Borrowell customers at a registration cost of $5 monthly.

What Does Borrowell Offer?

Free Credit Score Report as well as Rating:

Borrowell has actually helped more than 2 million Canadians by supplying them with the tools they need to much better comprehend, master and manage their credit rating. Benefiting from this deal takes less than 3 minutes, and doesn’t have any negative impact on your score (called a soft credit rating questions).

Credit Report Builder

A newer offering just available to pick Borrowell consumers, this item is a credit history structure cost savings lending that sets you back $10/monthly, potentially improves your credit report, and also provides you back $240 in financial savings at the end of the term.

Bank Card Comparisons

Borrowell has actually partnered with many leading financial institutions such as BMO as well as Scotiabank to offer a variety of bank card alternatives for Canadian consumers with all different kinds of credit report accounts. Their AI powered debt coach Molly aids in this process.

Personal Loans

After acquiring your Equifax Credit score Record as well as Rating, Borrowell shows a range of vetted instalment financing uses from their financial institution partners, tailored to your credit report. Although Borrowell does not provide loans straight, they do supply a hassle-free way to swiftly contrast fundings from trusted partners.


Similar to their customized AI-powered bank card and also car loan suggestions, they likewise permit Canadians out there for a mortgage a fast way to compare rates, and also have a better possibility of obtaining the most effective bargain as well as price feasible.


Contrast financial options in a hassle-free means with Borrowell’s bank comparison tool that assists find as well as suggest the ideal financial products for you


Canadians can contrast insurance policy items online with Borrowell along with learning about and also taking control of their credit report.

Rent Advantage

Declared in July 2022, Borrowell Rent Advatage enables Canadians to develop credit history with their rent for just $5/month. As this product was just announced, even more details make certain to adhere to as it rolls out to all Canadians.

Finally, by offering such a vast array of financial devices as well as suggestions, Borrowell looks for to be the one quit store that Canadians think about initially when it pertains to any aspect of the individual finances.

Borrowell Business Information

Borrowell Firm Summary

Financial Institution in Toronto, Ontario

Borrowell Describes itself as follows: Borrowell is a happily Canadian business with a single objective in mind: to help individuals make great decisions about credit report. This is why we were the first in Canada to use free credit rating and also records from our partner, Equifax, Canada’s biggest credit score bureau.

Borrowell Address

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

Borrowell Products

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

Borrowell Google Review Summary

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

Borrowell Recent Procurements

2021 – Refresh Financial.

Borrowell Leadership Group/ Key People

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