Category Archives: Credit Building Centre

refinancing a loan

Does Refinancing A Loan Affect My Credit Score?

Personal loans are useful when making large purchases like a new home or car. Like many purchases, it’s possible for a loan to become less suited to your needs as better options become available. Whether your credit score was less… Read More

Daniel Teo

October 15, 2018

Credit Building Centre,Blog
repair my credit

How Long Does It Take To Repair My Credit?

If you’re looking to get your financial house in order, you may ask yourself: “How long does it take to repair my credit?” It takes time – but it is possible! There are three common mistakes that can negatively impact… Read More

Daniel Teo

September 6, 2018

Credit Building Centre,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 Building Centre,Blog

The Best Credit Cards In Canada For People Looking To Build Credit

Okay, so you’ve got bad credit and you know it. You’ve made some mistakes in the past, but you’re ready to move on from them. The question is, how do you improve your credit score when your credit card applications… Read More

Barry Choi

April 5, 2018

Credit Building Centre,Blog

How Do I Use A Credit Card To Improve My Credit Score?

What do a cell phone plan and an apartment lease agreement have in common? They both require you to have a decent credit score to close the deal. The better your credit score, the better your chances are of getting… Read More

Daniel Teo

March 20, 2018

Credit Building Centre,Credit Cards,Blog
secured credit cards

How Does A Secured Credit Card Work?

At Borrowell, we love answering questions that YOU asked about personal finance and building credit! Have a credit-related question you’d like answered? Simply tweet at us on Twitter or send us a message on Facebook.  Let’s jump into our first question from a… Read More

Rachel Surman

November 16, 2017

Credit Building Centre,Credit Cards,Blog