Borrowell: Credit Report

Borrowell is dedicated to enabling financial prosperity for all Canadians. Your credit score significantly influences lenders' decisions regarding financial products approval and interest rates. As the pioneering provider in Canada offering complimentary credit scores, Borrowell allows you to conveniently monitor your credit score. Presently, Borrowell stands as the sole platform providing free weekly updates of a full Equifax Canada credit report.

Obtain your complimentary credit score and report within three minutes without the need for your credit card information or SIN. Download the Borrowell app today.

Features You'll Benefit From:

• Monitor Your Credit Score, check your credit report and credit history effortlessly with Borrowell's user-friendly app. Monitor your credit score at any time from anywhere, and receive alerts for changes in your score or credit report. Borrowell remains the exclusive app offering free weekly updates including access to your complete credit report.
• Understand Your Credit Score, gain valuable insights into the factors influencing your credit score such as payment history, credit utilization, credit history, credit inquiries, and average credit age. Additionally, receive personalized recommendations for enhancing your credit history. Regular monitoring of your credit score and health through Borrowell's app empowers you to proactively manage your financial well-being.
• Get Personalized Financial Product Recommendations, check your credit score and receive tailor-made product suggestions. Explore and compare auto loans, credit cards, chequing and high-interest savings accounts, insurance, and mortgage rates from over 75 trusted financial providers including American Express Canada, BMO Canada, Capital One Canada, Fairstone Bank of Canada, Scotiabank Canada, EQ Bank, National Bank of Canada, Symple Loans, and more. Assess your likelihood of approval prior to applying for a loan or credit card.

Build Your Credit History:

Positive payment history, credit mix, and overall credit history can contribute to an improved credit score. A higher credit score can provide access to various credit products like loans, credit cards, and mortgages at lower interest rates. Potential landlords and employers may review your credit score and report as part of their evaluation process.

Borrowell Rent Advantage™

Enhance your credit through rent payments without requiring the landlord's participation. Report rent payments on your Equifax Canada credit report to establish a positive credit history and payment records even with a low credit score. This product has no hard credit checks, hidden fees, or cancellation charges.

Borrowell Credit Builder

Utilize Borrowell Credit Builder to strengthen your payment history and diversify the credit mix on your report without taking on extra debt or needing a new credit card. Automatic payments are set up through a pre-authorized debit agreement to avoid missed payments. Similar to other Borrowell offerings, there are no hard credit checks, hidden fees, or cancellation charges.

Safe And Secure:

Borrowell prioritizes safeguarding its members' information with bank-level 256-bit AES encryption methods to ensure security.

• Borrowell Awards:
• The Globe and Mail’s Canada’s Top Growing Companies of 2023 & 2022.
• Canadian Business Innovation Award Winner in 2023.
• Won the titles of Best Workplace in Canada 2023,
• Best Workplaces for Women 2023,
• Achieved recognition as one of the Best Workplaces in Technology 2023.

By downloading and utilizing the Borrowell app, you agree to Borrowell's Terms of Use: Terms of Use.