Borrowell Review 2022: Xds Free Credit Report

Xds Free Credit Report

In the past couple of years, it has came to be much easier, less complicated and also less costly for Canadians to swiftly and also securely get their cost-free credit report and also credit scores record quickly online.

Prior to 2016, the very best method for Canadians to obtain their credit scores record and credit score online was to obtain a complimentary trial of Equifax’s premium solutions, or to register for Transunion’s comparable offering.

Luckily, late in 2016 a leading on the internet lending carrier, Borrowell, partnered with Equifax to use complimentary credit reports as well as scores to all Canadian consumers. This considerably changed the sector landscape overnight.

Join over 2 million various other Canadians and also quickly get your totally free credit rating and also free credit rating record now Free Credit Score and Credit Report From Borrowell

Who is Borrowell?

Borrowell is a Toronto based fintech business with the objective of making financial prosperity feasible for all Canadians. They give accessibility to on the internet credit scores education, ingenious credit devices.

They were the initial company in Canada to bring totally free credit history reports and also ratings from Equifax to the online masses.

They additionally spearheaded the idea of an AI powered credit scores coach with their Molly credit score coach offering. Molly makes personalized recommendations regarding exactly how to boost credit score, as well as what credit history products would certainly be ideal suited to every client based upon their details credit report aspects.

In July of 2022 they released Borrowell Rent Advantage which is the very first item to enable Canadians to build their debt just by paying their rent each month promptly. Since press time, this solution is only being supplied to select Borrowell clients at a subscription cost of $5 monthly.

What Does Borrowell Offer?

Free Debt Record as well as Score:

Borrowell has actually helped more than 2 million Canadians by offering them with the tools they require to better recognize, master as well as manage their debt. Taking advantage of this offer takes less than 3 minutes, and also doesn’t have any type of unfavorable effect on your score (referred to as a soft credit query).

Credit Scores Builder

A more recent offering only available to choose Borrowell customers, this item is a credit report building financial savings lending that costs $10/monthly, potentially enhances your credit score, as well as offers you back $240 in financial savings at the end of the term.

Charge Card Comparisons

Borrowell has partnered with numerous leading banks such as BMO and Scotiabank to supply a range of credit card alternatives for Canadian customers with all different sorts of credit scores accounts. Their AI powered credit scores coach Molly aids in this process.

Individual Loans

After getting your Equifax Credit history Report and Rating, Borrowell presents a range of vetted instalment financing uses from their financial institution companions, customized to your credit history. Although Borrowell does not provide lendings directly, they do provide a practical method to quickly contrast fundings from relied on partners.


Comparable to their personalized AI-powered credit card and also finance referrals, they additionally permit Canadians in the market for a mortgage a quick way to contrast prices, and also have a much better chance of getting the very best deal and rate feasible.


Contrast banking services in a practical method with Borrowell’s financial institution contrast device that aids find and suggest the appropriate banking items for you

Insurance Coverage

Canadians can contrast insurance products online with Borrowell along with learning more about as well as taking control of their credit.

Rent Advantage

Reported in July 2022, Borrowell Rent Advatage permits Canadians to develop credit rating with their rent for just $5/month. As this item was just announced, even more details are sure to follow as it rolls out to all Canadians.

In conclusion, by offering such a variety of monetary devices as well as referrals, Borrowell looks for to be the one quit shop that Canadians think of initially when it pertains to any type of element of the personal funds.

Borrowell Company Details

Borrowell Business Description

Banks in Toronto, Ontario

Borrowell Defines itself as complies with: Borrowell is a happily Canadian firm with a single objective in mind: to help people make fantastic choices about credit. This is why we were the initial in Canada to provide complimentary credit history and records from our companion, Equifax, Canada’s biggest credit report bureau.

Borrowell Address

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

Borrowell Products

Free Credit Score.
Free Credit Scores Record.
Credit rating Coach.
Credit Builder.
Rent Advantage.

Borrowell Google Evaluation Recap

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

Borrowell Recent Purchases

2021 – Refresh Financial.

Borrowell Management Team/ Secret People

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