Borrowell Board Of Directors

Borrowell Board Of Directors

In the past couple of years, it has became much less complex, simpler as well as less costly for Canadians to rapidly and also safely get their cost-free credit report and credit record immediately online.

Before 2016, the very best way for Canadians to get their credit scores record as well as credit history online was to obtain a free test of Equifax’s premium services, or to sign up for Transunion’s comparable offering.

Luckily, late in 2016 a leading on-line finance carrier, Borrowell, partnered with Equifax to provide totally free credit report reports and also ratings to all Canadian customers. This significantly changed the industry landscape over night.

Sign up with over 2 million various other Canadians and instantaneously get your totally free credit score as well as free debt report currently 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 online credit education and learning, cutting-edge credit report tools.

They were the first firm in Canada to bring complimentary credit reports and scores from Equifax to the on-line masses.

They likewise pioneered the idea of an AI powered credit rating trainer with their Molly debt coach offering. Molly makes customized recommendations concerning just how to improve credit score, and also what credit score items would be ideal matched per consumer based on their certain credit scores record elements.

In July of 2022 they released Borrowell Rent Advantage which is the initial product to enable Canadians to build their credit scores simply by paying their rent every month promptly. Since press time, this service is just being offered to pick Borrowell consumers at a registration price of $5 monthly.

What Does Borrowell Deal?

Free Credit Scores Report and Score:

Borrowell has aided greater than 2 million Canadians by providing them with the tools they need to much better comprehend, master and handle their credit rating. Making use of this deal takes less than 3 mins, as well as doesn’t have any kind of negative influence on your rating (known as a soft credit report questions).

Debt Builder

A newer offering only offered to pick Borrowell clients, this item is a credit report building savings finance that sets you back $10/monthly, potentially improves your credit report, as well as 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 also Scotiabank to provide a variety of charge card choices for Canadian consumers with all various types of credit profiles. Their AI powered credit rating coach Molly aids in this process.

Personal Loans

After getting your Equifax Credit history Record and also Rating, Borrowell displays a variety of vetted instalment loan offers from their banks partners, customized to your credit score. Although Borrowell does not offer fundings directly, they do give a hassle-free means to promptly contrast fundings from relied on companions.

Home Mortgages

Comparable to their personalized AI-powered credit card as well as financing recommendations, they additionally enable Canadians in the market for a home mortgage a quick method to compare rates, and also have a much better chance of obtaining the best bargain as well as price feasible.


Compare financial solutions in a hassle-free way with Borrowell’s financial institution contrast device that helps discover and also suggest the best financial items for you

Insurance Policy

Canadians can contrast insurance policy products online with Borrowell along with learning about and taking control of their credit scores.

Rent Advantage

Revealed in July 2022, Borrowell Rent Advatage permits Canadians to build credit report with their rent for just $5/month. As this item was just revealed, more information make sure to follow as it turns out to all Canadians.

Finally, by providing such a large range of financial tools and recommendations, Borrowell looks for to be the one stop store that Canadians think about first when it concerns any facet of the personal financial resources.

Borrowell Business Details

Borrowell Company Summary

Banks in Toronto, Ontario

Borrowell Explains itself as complies with: Borrowell is a happily Canadian firm with a solitary objective in mind: to assist people make terrific choices concerning credit scores. This is why we were the first in Canada to offer cost-free credit scores as well as reports from our companion, Equifax, Canada’s biggest credit history bureau.

Borrowell Address

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

Borrowell Products

Free Credit Rating.
Free Credit Record.
Credit rating Train.
Credit rating Builder.
Rent Advantage.

Borrowell Google Evaluation Summary

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

Borrowell Recent Acquisitions

2021 – Refresh Financial.

Borrowell Leadership Group/ Key Individuals

Andrew Graham – Founder & CEO.
Eva Wong – Founder & COO.
Lisa Brown – VP, Individuals & Society.
Jeff Yim – CFO, Financing.
Simon Wyse – VP, Revenue.
Wilson Pappo – VP, Item.
Amruta Karmarkar – VP, Engineering.