Time in business:
Customers:
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Borrowell is a free credit monitoring service that provides Canadians with access to their Equifax credit score and report. Signing up takes less than three minutes, and checking your score won’t affect your credit.
Products Offered
Free Credit Report & Score
Borrowell’s Free Credit Report: How it Works & What You Need to Know
Your credit score plays a major role in your financial future, and Borrowell makes it easy to check your score and full Equifax credit report—for free.
Signing up is simple, takes less than three minutes, and won’t affect your credit score.
What You’ll Get with Borrowell’s Free Credit Report
- 100% Free – No hidden fees or credit card required
- Equifax Credit Report – See your credit history, accounts, and any inquiries made on your file
- Weekly Score Updates – Track your progress with automatic updates every week
- No Impact on Your Score – Borrowell uses a soft check, so checking your score won’t lower it
- Personalized Credit Insights – AI-powered recommendations from Molly, Canada’s first Credit Coach
How to Sign Up for Free:
- Visit Borrowell’s website.
- Create an account – No credit card required
- Get instant access to your Equifax credit report and score
- Receive weekly updates to stay on top of your credit health
Borrowell helps you take control of your finances with expert insights, credit monitoring, and personalized financial product recommendations. Join over 3 million Canadians already using Borrowell to stay informed and build a stronger financial future.
Sign up today and start tracking your credit with confidence!
Contact information
info@borrowell.com- 1 University Ave, Toronto, ON M5J 1S8
Availability:
Everywhere in CanadaSupport Offered:
- Phone
- Blog
- Member Portal
Call Center:
Mon-Fri - 7:30 am - 8;00 pmSaturday - 9 am - 3 pm
Sunday - Closed
Frequently Asked Questions About Borrowell
What is Borrowell, and how does it work?
How often does Borrowell update my credit score?
Borrowell provides weekly credit score updates, so you can track changes, monitor progress, and stay informed about any updates to your credit report.
Is my personal information safe with Borrowell?
Yes, Borrowell uses 256-bit SSL data encryption to protect your information. They don’t share your personal details with unauthorized third parties or initiate transactions without your consent.
What is Molly, Borrowell’s AI Credit Coach?
Molly is Canada’s first AI-powered Credit Coach, providing personalized tips, tools, and articles to help you understand and improve your credit score.
How does Borrowell help Canadians improve their credit?
Borrowell provides free credit monitoring, personalized insights, and innovative services like Credit Builder and rent reporting to help Canadians build their credit. By making on-time payments, members can strengthen their credit history and unlock access to better financial products at more competitive rates.
Does checking my credit score with Borrowell lower it?
No, checking your credit score with Borrowell is a soft inquiry, meaning it won’t impact your credit score. Unlike hard inquiries from lenders, Borrowell lets you check your score as often as you like without consequences.
Is Borrowell really free?
Yes, Borrowell’s credit score and credit report monitoring services are 100% free, with no credit card required. Borrowell makes money by recommending personalized financial products, but you’re never obligated to use them.
What is Borrowell’s Credit Builder Program?
Borrowell’s Credit Builder program is designed to help improve your credit history. You make payments over 36 months, and they are reported to Equifax Canada. At the end of the term, you receive your savings back, minus any service fees.
What financial products does Borrowell offer?
Beyond free credit monitoring, Borrowell helps Canadians compare and find the best financial products, including personal loans, credit cards, mortgages, and banking solutions, from over 75 financial partners.
What makes Borrowell different from other credit monitoring services?
Unlike many services, Borrowell offers completely free access to credit scores and Equifax credit reports, with no hidden fees or impact on credit scores. Additionally, Borrowell provides AI-powered insights and personalized financial product recommendations, making it easier for users to make informed financial decisions.
Borrowell Reviews
Avg. Rating: 4.8 (12 reviews)
Too bad I didn’t know a...
March 21, 2018
“Doing the paperwork and stuff was easy. borrowell made things pretty painless. Michael is a good person, he helped me step by step and explained things. Just wish the interest rate was better because I feel it’s too high, but I guess that’s part of this busines...”
Loan
April 4, 2018
“Submitted for load”
Excellent
April 4, 2018
“Surprisingly easy process to find out credit score and results in less than 10 minutes! Trusted site, would recommend to others. Offered peace of mind knowing what my score was. Thanks Borrowell! ”
Thank You
April 4, 2018
“I needed a quick and easy option for a loan and Borrowell seemed to fit that criteria, so I gave it a shot. Worked out perfectly! ”
This is why I HATE banks!
April 4, 2018
“If I did this application at a bank,not only would they interrogate me,but the approval process would take forever.But these guys were so fast and easy to talk to and I got the money so fast.Now I can finally pay down my debt and start fresh soon. ”
Excellent Service
April 4, 2018
“When i applied for a loan at Borrowell they treated me with great respect and processed my application quickly. Im very happy to have dealt with this company. Highly recommended. ”
Grerat Service
April 4, 2018
“I really needed help and Borrowell was so easy to deal with. I got cash in my account fast and without any hassle. ”
Helpful
December 30, 2018
“useful website as borrowell shows Equifax score and credit karma shows transunion score both scores are good to know”
Quick and easy
February 21, 2019
“The quickest and easiest process that I have been through in order to borrow money. Thank you for making my life easier and for helping me to take control of my finances!
via. Better Business Bureau ”
5 Star service
June 18, 2019
“After being approved I applied for a loan with Borrowell last Saturday. Application process was quick and easy...had money in my account by Wednesday! Five stars for Borrowell!!! Will definitely use them again for any future financing needs :)”
Love it so far
March 11, 2025
“The experience with borrowell is accurate and fast. I will continue with borrowell for my credit checking. ❤”
Impressed
March 11, 2025
“Impressed with how much information they can get without a credit card, which helped me, as my credit card is out of commission at the moment. Was able to get all the information I needed for looking for a place to live. Recommended this site/app to 3 of my friends...”
