Author Archives: Robert Palumbo

the importance of on time payments

The Importance Of On-Time Payments

You may have heard that making on-time payments is the key to having a good credit score. But just how important is it to make your payments on time? The importance of on-time payments Making payments on time, also known as… Read More

Robert Palumbo

October 18, 2018

Blog,Credit Score Education Centre
what is credit utilization

What Is Credit Utilization?

One of the most important factors that determine your credit score is your credit utilization, but many Canadians don’t know what it is! Did you know your credit utilization determines 30% of your credit score? So, what is credit utilization?… Read More

Robert Palumbo

September 20, 2018

Blog,Credit Score Education Centre
pay off debt

Is A Borrowell Loan Right For Me?

In addition to providing credit scores for free, Borrowell is in the business of offering unsecured personal loans. Somewhat ironically, we’re a lender that wants to help Canadians get out of debt, not into more of it. And that’s a… Read More

Robert Palumbo

June 27, 2017

Personal Loans
creditscoredashboard

Why Is My Credit Score Different With Borrowell?

So you heard about Borrowell’s credit score service and decided to try it out. Woo hoo! Just one problem. You sign up online, only to discover that your score is different than when you checked your score directly with Equifax,… Read More

Robert Palumbo

May 9, 2017

Credit Score Education Centre,News

EQ Bank Review

Guest Written By: Janine Rogan Money Well Banked is the tagline for one of Canada’s newest online financial institutions: EQ Bank. EQ Bank is a trademark of Equitable Bank, and is used to describe their new digital bank – featuring… Read More

Robert Palumbo

April 17, 2017

Saving & Investing,Blog
true north mortgage review

True North Mortgage Review

True North Mortgage Review Guest Written by: Janine Rogan Home ownership seems to be the ticket into adulthood. Boomers and Generation X swear by the real estate market and want their children the millennials to get in as soon as… Read More

Robert Palumbo

April 17, 2017

Mortgages

Your Credit Score Dashboard Is Now Better Than Ever!

We’ve made a complete redesign to your free credit score dashboard and we would love for you to be among the first in Canada to try it out: New features include: Updated User Interface: this makes it easier than ever… Read More

Robert Palumbo

March 30, 2017

Blog,News
know your credit score

Know Your Credit Score in Canada Day – March 31st

Have you ever gone online to check your credit score? Only about 14% of Canadians have… but Borrowell wants to change that for Canadians from coast to coast. That’s why Borrowell is sponsoring “Know Your Credit Score Day in Canada”… Read More

Robert Palumbo

March 28, 2017

Blog,News
burn your mortgage

Burn Your Mortgage: 4 Simple Ways to Control Your Credit Card Spending

Guest written by: Sean Cooper A little over a year ago I achieved the ultimate dream of financial freedom when I paid off my 30-year mortgage in just 3 years – and I did this by the ripe old age of… Read More

Robert Palumbo

March 8, 2017

Mortgages
2017 goals

4 Resolutions To Make 2017 Way Better Than 2016

BOLD Prediction: 2017 is going to be waaay better than 2016. It just has to be. This is doubly true if you get started on the right financial footing. So, we are going to recommend four financial resolutions that will… Read More

Robert Palumbo

December 28, 2016

Blog