About Borrowell
Borrowell is a Canadian credit education and financial marketplace company founded in 2014 and headquartered in Toronto, Ontario. Borrowell helps millions of Canadians access their free Equifax Canada credit score and credit report, monitor their credit with weekly updates, and receive alerts when changes occur. The platform provides personalized financial insights, educational tools, and optional credit-building products designed to help Canadians understand and improve their credit health.
Key Features
- One of the first companies in Canada to offer free Equifax credit scores
- Millions of Canadians use Borrowell to access free weekly Equifax credit score updates
- Provides free access to Equifax Canada credit scores and credit reports with no credit card required
- Credit score checks are soft inquiries and do not affect your credit score
- Offers credit monitoring with alerts when changes to your credit file are detected
- Members who make on-time Credit Builder payments may see an average credit score increase, based on Borrowell member data
- Personalized financial product recommendations from dozens of Canadian financial partners
- Uses industry-standard encryption and security safeguards to protect personal information