Borrowell Review 2022: Top 5 Free Credit Report Sites

Top 5 Free Credit Report Sites

In the past couple of years, it has came to be much less complex, less complicated as well as more affordable for Canadians to promptly as well as securely obtain their totally free credit rating and also credit scores report instantaneously online.

Before 2016, the very best method for Canadians to get their debt record and also credit history online was to get a free trial of Equifax’s premium solutions, or to register for Transunion’s comparable offering.

Fortunately, late in 2016 a leading on the internet finance company, Borrowell, partnered with Equifax to offer cost-free credit reports as well as ratings to all Canadian customers. This drastically shifted the industry landscape overnight.

Join over 2 million various other Canadians as well as immediately obtain your complimentary credit history as well as complimentary credit report now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech business with the goal of making monetary success feasible for all Canadians. They provide accessibility to on the internet credit scores education and learning, ingenious credit score devices.

They were the initial company in Canada to bring totally free credit rating records as well as ratings from Equifax to the online masses.

They also spearheaded the idea of an AI powered credit score instructor with their Molly credit instructor offering. Molly makes customized referrals concerning exactly how to boost credit rating, and what credit rating products would be best matched per consumer based on their details credit score record factors.

In July of 2022 they released Borrowell Rent Advantage which is the very first item to permit Canadians to construct their credit scores merely by paying their rent monthly on schedule. As of press time, this service is just being provided to select Borrowell customers at a registration rate of $5 monthly.

What Does Borrowell Offer?

Free Credit Scores Report as well as Rating:

Borrowell has actually aided greater than 2 million Canadians by supplying them with the tools they need to much better understand, master and also handle their credit scores. Making use of this offer takes less than 3 mins, and doesn’t have any kind of negative impact on your score (called a soft credit scores inquiry).

Credit History Builder

A more recent offering only offered to select Borrowell consumers, this product is a credit score structure financial savings car loan that costs $10/monthly, potentially enhances your credit history, and gives you back $240 in cost savings at the end of the term.

Credit Card Comparisons

Borrowell has partnered with lots of leading financial institutions such as BMO as well as Scotiabank to offer a series of charge card options for Canadian consumers with all various types of credit scores profiles. Their AI powered credit report trainer Molly help in this process.

Individual Lendings

After acquiring your Equifax Debt Report as well as Score, Borrowell displays a range of vetted instalment car loan uses from their financial institution partners, customized to your credit score. Although Borrowell does not offer fundings directly, they do offer a practical method to quickly contrast finances from trusted companions.


Comparable to their individualized AI-powered credit card and also financing recommendations, they likewise permit Canadians in the marketplace for a home mortgage a fast means to contrast rates, and have a better opportunity of obtaining the most effective deal and price possible.


Contrast banking remedies in a practical method with Borrowell’s bank contrast device that aids find and also suggest the ideal financial items for you


Canadians can compare insurance coverage products on-line with Borrowell along with discovering and taking control of their credit scores.

Rent Advantage

Declared in July 2022, Borrowell Rent Advatage permits Canadians to develop credit with their rent for just $5/month. As this item was simply announced, more information make certain to adhere to as it presents to all Canadians.

To conclude, by offering such a variety of monetary tools as well as referrals, Borrowell looks for to be the one stop store that Canadians think about initially when it pertains to any element of the individual funds.

Borrowell Firm Details

Borrowell Business Description

Banks in Toronto, Ontario

Borrowell Describes itself as complies with: Borrowell is a happily Canadian business with a single goal in mind: to assist people make great choices concerning credit scores. This is why we were the first in Canada to use cost-free credit history as well as records from our companion, Equifax, Canada’s largest credit bureau.

Borrowell Address

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

Borrowell Products

Free Credit Score.
Free Credit Score Record.
Credit score Coach.
Credit history Builder.
Rent Advantage.

Borrowell Google Evaluation Recap

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

Borrowell Recent Procurements

2021 – Refresh Financial.

Borrowell Management Group/ Secret People

Andrew Graham – Co-Founder & CEO.
Eva Wong – Co-Founder & COO.
Lisa Brown – VP, People & Society.
Jeff Yim – CFO, Money.
Simon Wyse – VP, Revenue.
Wilson Pappo – VP, Item.
Amruta Karmarkar – VP, Design.