Complete Guide: Borrowwell

Everything You Need to Know About Borrowwell in 2022

In the past couple of years, it has became much simpler, simpler and more affordable for Canadians to swiftly and also securely get their totally free credit score as well as debt record instantaneously online.

Before 2016, the very best method for Canadians to obtain their credit rating record and credit score online was to obtain a cost-free trial of Equifax’s costs services, or to subscribe to Transunion’s comparable offering.

Luckily, late in 2016 a leading on-line car loan company, Borrowell, partnered with Equifax to provide free credit scores records as well as ratings to all Canadian consumers. This significantly shifted the industry landscape overnight.

Sign up with over 2 million other Canadians and also quickly get your free credit history and complimentary credit scores record now Free Credit Score and Credit Report From Borrowell

What is Borrowell?

Borrowell is a Toronto based fintech business with the objective of making financial prosperity possible for all Canadians. They provide access to online credit score education and learning, cutting-edge credit devices.

They were the initial business in Canada to bring free debt reports and also scores from Equifax to the on-line masses.

They likewise spearheaded the principle of an AI powered credit scores trainer with their Molly credit trainer offering. Molly makes individualized referrals about exactly how to enhance credit score, and also what credit rating products would certainly be finest fit to each customer based on their particular credit history report elements.

In July of 2022 they released Borrowell Rent Advantage which is the very first item to allow Canadians to develop their credit report merely by paying their rent every month on time. Since press time, this service is only being used to select Borrowell customers at a subscription rate of $5 monthly.