Borrowell Use Equifax

Borrowell Use Equifax

In the past few years, it has came to be much simpler, simpler and also more affordable for Canadians to promptly and safely acquire their complimentary credit report and also credit history record instantaneously online.

Before 2016, the best means for Canadians to obtain their credit record as well as credit rating online was to obtain a totally free trial of Equifax’s costs solutions, or to sign up for Transunion’s comparable offering.

Luckily, late in 2016 a leading on the internet loan supplier, Borrowell, partnered with Equifax to offer complimentary credit report records and also ratings to all Canadian customers. This dramatically moved the market landscape over night.

Join over 2 million other Canadians as well as promptly get your free credit rating as well as totally free debt record 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 success feasible for all Canadians. They provide access to on the internet credit score education and learning, innovative credit scores tools.

They were the very first company in Canada to bring cost-free credit rating records and ratings from Equifax to the on the internet masses.

They additionally originated the idea of an AI powered credit scores instructor with their Molly credit train offering. Molly makes personalized recommendations regarding just how to boost credit score, and what credit rating products would certainly be finest suited to each consumer based upon their details credit history record variables.

In July of 2022 they released Borrowell Rent Advantage which is the first product to permit Canadians to construct their credit report just by paying their rent every month promptly. As of press time, this service is only being provided to pick Borrowell clients at a membership rate of $5 monthly.

What Does Borrowell Deal?

Free Credit Score Report and also Rating:

Borrowell has assisted greater than 2 million Canadians by providing them with the tools they need to better comprehend, master and also manage their credit. Capitalizing on this offer takes less than 3 minutes, as well as doesn’t have any type of unfavorable effect on your rating (called a soft credit inquiry).

Credit Rating Builder

A newer offering only offered to choose Borrowell clients, this item is a credit scores structure savings funding that costs $10/monthly, potentially boosts your credit history, as well as offers you back $240 in savings at the end of the term.

Bank Card Comparisons

Borrowell has partnered with lots of leading banks such as BMO and Scotiabank to supply a series of bank card choices for Canadian consumers with all different sorts of credit score accounts. Their AI powered debt trainer Molly help in this procedure.

Individual Fundings

After getting your Equifax Credit scores Report and also Score, Borrowell presents a range of vetted instalment loan supplies from their financial institution companions, tailored to your credit score. Although Borrowell does not provide lendings directly, they do provide a practical method to quickly contrast car loans from trusted partners.


Similar to their individualized AI-powered bank card as well as funding referrals, they likewise permit Canadians on the market for a mortgage a fast method to contrast rates, as well as have a much better opportunity of getting the best bargain as well as rate possible.


Contrast financial services in a convenient means with Borrowell’s bank contrast device that aids find as well as suggest the right banking items for you


Canadians can compare insurance policy items online with Borrowell along with finding out about and taking control of their credit report.

Rent Advantage

Revealed in July 2022, Borrowell Rent Advatage allows Canadians to build credit scores with their rent for only $5/month. As this item was just introduced, even more details are sure to adhere to as it turns out to all Canadians.

In conclusion, by offering such a wide range of financial tools as well as referrals, Borrowell looks for to be the one quit store that Canadians consider first when it concerns any aspect of the personal finances.

Borrowell Company Info

Borrowell Business Description

Financial Institution in Toronto, Ontario

Borrowell Defines itself as follows: Borrowell is a proudly Canadian firm with a solitary goal in mind: to assist individuals make excellent decisions regarding credit scores. This is why we were the very first in Canada to provide complimentary credit rating and also records from our companion, Equifax, Canada’s largest credit rating 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 history Builder.
Rent Advantage.

Borrowell Google Testimonial Summary

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

Borrowell Recent Acquisitions

2021 – Refresh Financial.

Borrowell Leadership Team/ Key People

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