Editor's Review
Borrowell is dedicated to empowering Canadians to achieve financial prosperity. 🚀 The app provides free access to credit scores and full Equifax Canada credit reports, updated weekly. 🏦 This helps users monitor and understand their credit health. No credit card information or SIN is required, making it accessible and secure. 🔒
With Borrowell, you can monitor your credit score and receive alerts for changes, understand factors affecting your credit score such as payment history and credit utilization, and get personalized recommendations for improving your credit. 📈 The app also offers custom product recommendations for auto loans, credit cards, and mortgages from over 75 trusted financial providers. 💳🚗🏡
Borrowell offers innovative features like Rent Advantage™ and Credit Builder to help users build their credit history. 🏘️ Rent Advantage™ allows you to report rent payments to Equifax Canada, while Credit Builder helps diversify your credit mix without taking on additional debt. 👍 Borrowell uses bank-level 256-bit AES encryption to ensure your data is safe and secure. 🛡️
Recognized with multiple awards, including The Globe and Mail’s Canada’s Top Growing Companies and Best Workplace awards, Borrowell is a trusted and reliable tool for managing your financial well-being. 🏆 Check your credit score, get personalized financial advice, and start building a better financial future with Borrowell today! 🎉
Features
Free weekly credit score updates
Full Equifax Canada credit report access
Personalized recommendations for credit building
Custom financial product recommendations
Rent payment reporting for credit building
Credit Builder tool for payment history
Credit score monitoring and alerts
Insights into credit score factors
Pros
Free access to credit scores and reports
Personalized financial product recommendations
Build credit history with rent payments
Safe and secure data protection
Award-winning service and recognition
Cons
Requires personal information for credit monitoring
Recommendations limited to partnered financial providers