Editor's Review
Borrowell is on a mission to make financial prosperity possible for all Canadians! 🇨🇦 Your credit score is super important because it affects whether lenders will approve you for loans and credit cards, and what interest rates you'll get. Borrowell was the first in Canada to offer free credit scores, and now, they're the only ones giving you a full Equifax Canada credit report updated weekly – all for free! 🎉
With Borrowell, you can get your free credit score and report in just three minutes. No credit card or SIN required! Download the app today and start taking control of your financial health. 💪
Key Features:
- Monitor Your Credit Score: Check your credit report and history easily. Get alerts for any changes to your score. 📊
- Understand Your Credit Score: Learn about the factors influencing your credit score and get personalized recommendations. 💡
- Personalized Financial Product Recommendations: Find and compare loans, credit cards, and more from over 75 trusted providers. See your approval odds before you even apply! 🏦
Build Your Credit History:
A good credit history can unlock better financial opportunities. Borrowell offers tools like Rent Advantage™ and Credit Builder to help you improve your credit score. 📈
- Borrowell Rent Advantage™: Build credit by reporting your rent payments to Equifax Canada, without involving your landlord. Perfect even if you have a low credit score! 🏡
- Borrowell Credit Builder: Build your payment history without taking on debt. Payments are automatic, so you never miss one! 🗓️
Safe and Secure:
Borrowell uses bank-level 256-bit AES encryption to protect your information. Your security is their top priority! 🔒
Awards and Recognition:
Borrowell has received multiple awards, including The Globe and Mail’s Canada’s Top Growing Companies and Best Workplace in Canada. 🏆
By downloading and using the Borrowell app, you agree to their Terms of Use. Make sure to check them out! ✅
Features
Free credit score monitoring
Weekly credit report updates
Personalized financial recommendations
Rent payment reporting for credit building
Credit Builder tool without needing a credit card
Insights into factors affecting credit score
Alerts for changes to your credit score
Compare financial products from trusted providers
Pros
Free access to your credit score
Weekly Equifax Canada credit report updates
Personalized financial product recommendations
Build credit with rent payments
Build credit without debt using Credit Builder
Cons
Requires personal information for credit checks
Recommendations are limited to partnered providers