Borrowell Review 2022: What Is Credit Score 9

What Is Credit Score 9

In the past few years, it has became much simpler, much easier and more affordable for Canadians to promptly and securely get their totally free credit report and credit score report quickly online.

Prior to 2016, the very best way for Canadians to get their credit history record and credit score online was to obtain a cost-free trial of Equifax’s premium services, or to subscribe to Transunion’s similar offering.

Thankfully, late in 2016 a leading online lending provider, Borrowell, partnered with Equifax to offer cost-free credit rating records as well as scores to all Canadian consumers. This drastically shifted the market landscape overnight.

Sign up with over 2 million other Canadians as well as promptly get your complimentary credit history and also totally free debt report now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech company with the objective of making financial prosperity possible for all Canadians. They offer accessibility to on-line credit rating education, ingenious credit scores tools.

They were the very first firm in Canada to bring totally free debt reports as well as scores from Equifax to the on-line masses.

They also originated the principle of an AI powered credit report trainer with their Molly credit report coach offering. Molly makes tailored recommendations concerning how to enhance credit history, as well as what credit items would be ideal fit to each client based on their details credit report elements.

In July of 2022 they released Borrowell Rent Advantage which is the very first item to allow Canadians to construct their credit report merely by paying their rent each month promptly. As of press time, this service is only being offered to choose Borrowell clients at a membership price of $5 per month.

What Does Borrowell Offer?

Free Credit Score Record and Score:

Borrowell has aided more than 2 million Canadians by offering them with the devices they need to much better recognize, master as well as handle their credit scores. Capitalizing on this deal takes less than 3 minutes, and does not have any kind of negative influence on your score (referred to as a soft credit query).

Credit Rating Builder

A more recent offering only available to select Borrowell clients, this product is a credit structure financial savings lending that sets you back $10/monthly, possibly enhances your credit rating, and offers you back $240 in savings at the end of the term.

Credit Card Comparisons

Borrowell has actually partnered with several leading financial institutions such as BMO and Scotiabank to use a variety of charge card options for Canadian customers with all various kinds of credit report profiles. Their AI powered debt train Molly aids in this procedure.

Individual Loans

After obtaining your Equifax Credit rating Report and Score, Borrowell shows a range of vetted instalment loan offers from their financial institution partners, tailored to your credit history. Although Borrowell does not use financings straight, they do provide a convenient means to promptly compare finances from trusted companions.

Home Mortgages

Similar to their individualized AI-powered credit card as well as lending recommendations, they likewise allow Canadians in the market for a home mortgage a quick means to contrast prices, and also have a better possibility of obtaining the best offer and also price possible.


Contrast financial remedies in a practical method with Borrowell’s bank contrast tool that aids locate as well as advise the appropriate banking products for you


Canadians can contrast insurance products online with Borrowell in addition to discovering as well as taking control of their credit history.

Rent Advantage

Reported in July 2022, Borrowell Rent Advatage allows Canadians to develop credit rating with their rent for only $5/month. As this product was just announced, even more details make certain to comply with as it turns out to all Canadians.

In conclusion, by using such a variety of financial devices as well as suggestions, Borrowell seeks to be the one stop shop that Canadians think about initially when it concerns any facet of the individual finances.

Borrowell Business Information

Borrowell Business Summary

Banks in Toronto, Ontario

Borrowell Explains itself as adheres to: Borrowell is a proudly Canadian company with a single goal in mind: to help people make wonderful decisions about credit scores. This is why we were the very first in Canada to use cost-free credit scores and reports from our partner, Equifax, Canada’s largest credit history bureau.

Borrowell Address

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

Borrowell Products

Free Credit Rating.
Free Credit Score Record.
Credit score Coach.
Credit report Builder.
Rent Advantage.

Borrowell Google Evaluation Summary

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

Borrowell Recent Procurements

2021 – Refresh Financial.

Borrowell Management 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, Income.
Wilson Pappo – VP, Item.
Amruta Karmarkar – VP, Engineering.