Borrowell Launches New Free Credit Score App!

Rachel Surman

May 28, 2019

Borrowell helps people make great decisions about credit. In fact, Borrowell has helped more than 900,000 Canadians access their credit information – for free. In 3 minutes or less, you can get your Equifax credit score and report for free in Borrowell’s credit score app.

Benefits of the Borrowell App

Get the full picture of your finances – at your fingertips!

Molly, Canada’s first AI-powered Credit Coach, makes it easy to understand your credit score. She gives you tips and product recommendations like credit cards, personal loans, and mortgage options unique to your credit profile. As always, checking your score with Borrowell will not hurt your credit score.

The app is available on both Android and iOS. With the Borrowell app, you can enjoy:

1. Free credit monitoring

Borrowell has provided more than 900,000 Canadians with free access to their credit information. When you download our credit score app, we’ll refresh your credit score each month and you can track monthly progress on your credit dashboard.

2. Personalized product recommendations

Borrowell offers a platform with hundreds of different financial products. Get access to personalized financial product recommendations, like loans, credit cards, and the best mortgage rates to improve your financial well-being.

3. The Borrowell Credit Coach

If you’ve ever wondered what makes up your credit score and how to improve it, the Borrowell Credit Coach can help. Molly gives you tips and actions you can take to improve your score based on your credit profile.

For example, she’ll tell you exactly what’s impacting your credit score, such as a recent credit card inquiry or the length of your credit history. This allows you to track changes on your credit profile. Molly will also let you know how you’re doing compared to the rest of Canada.

4. Everything in one place

The Borrowell app allows you to see your credit score, credit report, and personalized product recommendations tailored just for you in one place. At a glance, you can check in on your current and historical financial health.

The Borrowell app is great for keeping up on the go, but you can still access the web version at The app and web version are completely synced up, so you’ll always see the most up-to-date information.

5. The best mortgage rates

Borrowell works with trusted mortgage partners to make the mortgage process simple. Whether you’re buying, renewing, or refinancing, we make finding the perfect mortgage easy by showing you more than 60 mortgage options with the top mortgage rates in Canada.

6. A safe and secure application

Protecting our members’ information is our top priority. We use the highest level 256 bit AES encryption available to actively keep your information safe.

Why do more than 900,000 Canadians trust Borrowell?

Borrowell has been featured in the Globe in Mail, The Financial Post, and on Breakfast Television. Here are just a few things that have been said about us.  

“Competitive and transparent rates on loans” – The Globe And Mail.

“Fintech company wants to save consumers a lot of money on credit cards” – The Financial Post.

“Before you go to bed tonight, you have to find out your credit score” – Breakfast Television.

Borrowell has also received significant recognition for our innovations and our work in diversity and inclusion. Borrowell has been named FinTech Startup Of the Year by the FinTech & AI Awards, Innovative Lender of the Year by the Canadian Lenders Association, and a Top 50 Best Place To Work in Canada under 100 people, for Women, Millennials, and Financial Services, and Insurance.

Why is Borrowell free?

Our business makes money by recommending financial products we think will help you improve your financial wellness. If you take a product, that partner pays us a fee. Not interested? No worries. We’re happy to give you free monthly access to your credit score and credit report.

When you download and use Borrowell app, you agree to Borrowell’s 

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Borrowell® is a registered trademark of Borrowell Inc. All Rights Reserved. The Equifax credit score is based on Equifax’s proprietary model and may not be the same score used by third parties to determine your credit profile. The score provided to you for educational use is the Equifax Risk Score.

2014-2019 Borrowell® | The Credit Is All Yours!