Everything You Need to Know About 3 Free Credit Reports in 2022

In the past few years, it has came to be much less complex, easier and less expensive for Canadians to quickly and securely get their cost-free credit rating and credit record instantly online.

Before 2016, the very best method for Canadians to get their debt report and credit rating online was to obtain a free trial of Equifax’s costs services, or to register for Transunion’s similar offering.

Thankfully, late in 2016 a leading online car loan service provider, Borrowell, partnered with Equifax to use complimentary credit history reports as well as ratings to all Canadian consumers. This significantly changed the market landscape over night.

Join over 2 million various other Canadians and quickly obtain your free credit score as well as free credit report currently Free Credit Score and Credit Report From Borrowell

What is Borrowell?

Borrowell is a Toronto based fintech business with the objective of making monetary prosperity feasible for all Canadians. They supply accessibility to on-line debt education and learning, innovative credit devices.

They were the first company in Canada to bring totally free debt reports and scores from Equifax to the online masses.

They additionally spearheaded the principle of an AI powered credit train with their Molly debt train offering. Molly makes individualized referrals about just how to improve credit rating, as well as what debt products would be ideal matched to each client based upon their certain credit record aspects.

In July of 2022 they launched Borrowell Rent Advantage which is the first product to permit Canadians to build their credit score just by paying their rent each month on schedule. As of press time, this service is just being provided to pick Borrowell consumers at a membership cost of $5 monthly.