Borrowell Review 2022: Free Free

In the past few years, it has ended up being much simpler, less complicated and also cheaper for Canadians to swiftly and securely obtain their totally free credit history and credit score report promptly online.

Prior to 2016, the most effective method for Canadians to obtain their credit rating report as well as credit rating online was to get a free trial of Equifax’s costs services, or to subscribe to Transunion’s comparable offering.

Luckily, late in 2016 a leading on the internet car loan service provider, Borrowell, partnered with Equifax to supply totally free credit scores records and also scores to all Canadian consumers. This considerably changed the sector landscape overnight.

Sign up with over 2 million other Canadians as well as instantaneously get your cost-free credit rating and totally free debt report now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech firm with the objective of making economic prosperity possible for all Canadians. They supply accessibility to on the internet debt education and learning, innovative credit devices.

They were the first company in Canada to bring complimentary credit records and also scores from Equifax to the online masses.

They likewise spearheaded the idea of an AI powered credit scores coach with their Molly credit history train offering. Molly makes personalized recommendations regarding just how to boost credit score, as well as what credit report products would be ideal suited per client based upon their details credit scores report variables.

In July of 2022 they launched Borrowell Rent Advantage which is the first item to permit Canadians to develop their credit history simply by paying their rent each month on time. As of press time, this solution is only being used to pick Borrowell consumers at a subscription price of $5 each month.

What Does Borrowell Offer?

Free Credit Report Report as well as Score:

Borrowell has assisted more than 2 million Canadians by offering them with the tools they need to much better recognize, master and also handle their credit score. Making use of this offer takes less than 3 mins, and doesn’t have any type of adverse effect on your score (known as a soft debt questions).

Credit Builder

A more recent offering only offered to choose Borrowell consumers, this product is a credit scores building cost savings funding that sets you back $10/monthly, potentially boosts your credit report, and gives you back $240 in financial savings at the end of the term.

Charge Card Comparisons

Borrowell has partnered with several leading financial institutions such as BMO and Scotiabank to supply a range of credit card alternatives for Canadian consumers with all various kinds of credit score profiles. Their AI powered credit history train Molly aids in this process.

Personal Car Loans

After getting your Equifax Credit report Record as well as Score, Borrowell presents a variety of vetted instalment car loan provides from their financial institution partners, tailored to your credit report. Although Borrowell does not provide loans directly, they do offer a practical way to swiftly compare financings from trusted partners.


Comparable to their individualized AI-powered credit card and also funding suggestions, they additionally permit Canadians in the marketplace for a home mortgage a fast method to compare prices, as well as have a better possibility of obtaining the best deal and also rate feasible.


Contrast financial services in a hassle-free way with Borrowell’s bank contrast device that helps locate and recommend the ideal banking products for you

Insurance Coverage

Canadians can contrast insurance products on-line with Borrowell along with learning about and also taking control of their credit report.

Rent Advantage

Declared in July 2022, Borrowell Rent Advatage permits Canadians to construct debt with their rent for only $5/month. As this item was simply introduced, even more details make sure to comply with as it presents to all Canadians.

Finally, by supplying such a large range of financial tools and recommendations, Borrowell looks for to be the one stop store that Canadians think of first when it pertains to any kind of facet of the individual financial resources.

Borrowell Business Details

Borrowell Company Description

Banks in Toronto, Ontario

Borrowell Describes itself as follows: Borrowell is a happily Canadian company with a single objective in mind: to help people make fantastic choices about credit score. This is why we were the initial in Canada to supply cost-free credit scores and also records from our companion, Equifax, Canada’s largest credit score bureau.

Borrowell Address

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

Borrowell Products

Free Credit Report.
Free Credit History Report.
Credit rating Coach.
Credit rating Builder.
Rent Advantage.

Borrowell Google Evaluation Recap

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

Borrowell Current Procurements

2021 – Refresh Financial.

Borrowell Leadership Team/ Key People

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