Author Archives: Rachel Surman

Canadian Credit Score

Average Credit Score By Canadian City: Borrowell Study

What city has the highest Canadian credit score? It’s a question we were wondering at Borrowell, so we decided to dive into the data to find out. What city has the highest Canadian credit score? We’ve helped over 600,000 Canadians… Read More

Rachel Surman

August 15, 2018

Blog
zero credit score

I Have A Zero Credit Score – Now What?

Capital One® is a proud partner of Borrowell.  Tens of thousands of Canadians get their free credit score from Borrowell every single day. But sometimes, all they see is a zero credit score! How could this be? It’s a bit… Read More

Rachel Surman

July 18, 2018

Credit Score Education Centre
Bank Of Canada

Bank Of Canada Hikes Key Interest Rate – What You Need To Know

The Bank of Canada (BoC) raised its key interest rate from 1.25% to 1.50% on Wednesday. This is the bank’s fourth increase in the last year. Here’s what you need to know. What is the key interest rate? This interest… Read More

Rachel Surman

July 11, 2018

Blog,News
free credit score available in Quebec

Borrowell’s Free Credit Monitoring Service Is Now Available In Quebec (Beta)

Bonjour! We have exciting news to share: we’ve made free credit score available in Quebec (beta). We’re super excited to be in the awesome province of Quebec. Now, for the first time, residents of Quebec can access their credit score… Read More

Rachel Surman

July 3, 2018

Blog

It’s Been Two Years Of Free Credit Scores!

At Borrowell, we’re big on celebrations. Whether it be birthdays at the office, promotions, or company anniversaries – we’re always ready with balloons and cake in hand. So what’s so special about June 20th? On June 20th, 2016, Borrowell became… Read More

Rachel Surman

June 20, 2018

Blog,News
Digital Literacy Day

Happy Digital Literacy Day! How Digitally Literate Are You?

Did you know May 31 is Digital Literacy Day in Toronto? As a financial technology company, we at Borrowell think this is an incredibly important day – considering the technological revolution the world is currently experiencing. Technology is completely changing the… Read More

Rachel Surman

May 31, 2018

Blog
Bank Of Canada

Bank Of Canada Keeps Key Interest Rate At 1.25% – What You Need To Know

The Bank of Canada (BoC) kept its key interest rate at 1.25%, it said in a statement Wednesday. But, as usual, hinted at a rate increase to come. Here’s what you need to know. What is the key interest rate?… Read More

Rachel Surman

May 30, 2018

Blog
affected by a data breach

Worried You May Have Been Affected By A Data Breach? Here’s What You Can Do

Data breaches seem to be occurring more and more frequently – a very scary thought for many Canadians. A data breach is when sensitive, protected, or confidential data is stolen from an organization. This information can be used to steal… Read More

Rachel Surman

May 29, 2018

Blog
personal loan or line of credit

Personal Loan Or Line Of Credit: What Is The Difference?

Many Canadians often wonder whether they should take a personal loan or line of credit. However, there are common misconceptions about how both of them work. In this blog, we’ll explain the differences between the two credit products to help… Read More

Rachel Surman

May 10, 2018

Blog,Personal Loans
find the right auto insurance

What Are The Factors That Determine My Auto Insurance Rate? How To Find The Right Auto Insurance

This may not be the news you were hoping for – but your auto insurance rate will most likely increase come renewal time. Unfortunately, recent reports indicate that insurance rates are due to increase in 2018 in Ontario. Both private… Read More

Rachel Surman

April 26, 2018

Blog,Insurance