Administrator • Jul 26, 2018
Hey, Alberta! Did you know that we’ve made your free credit score available in Alberta?
We’re super excited to be in the awesome province of Alberta. Residents of Alberta can access their credit score and credit report for free with Borrowell.
New to credit scores? Don’t worry. We provide the tools you need to help you improve your score and financial well-being in general.
Your credit score may be a deciding factor in whether you’ll be approved for a personal loan, credit card, or a mortgageand having a good credit score will make it easier to do all of those things. Knowing your credit score is the first step to understanding and improving it.
What can you expect to receive when you become a Borrowell member?
1. Your monthly credit score refresh
You’ll receive your updated free credit score emailed to you each month. We’ll let you know if your credit score is improving or if it could use a little tender loving care. We’ll even keep track of how you’re doing overtime with our CreditTracker tool.
2. Your full Equifax credit report (also free!)
When you log in to your credit dashboard, you’ll also see the “Credit Report” tab at the top of the page beside the credit score tab. You can think of your credit report as your financial report card because it gives you insights into your credit health. On your credit report you’ll find:
3. Personalized product recommendations
It’s the perfect time for you to get your free credit score available in Alberta from Borrowell, because our recommendations engine is stronger than ever! When you get your credit score, you can navigate to the right side of your dashboard and click on the “My Recommendations” tab.
You’ll see personalized financial products tailored to your unique credit profile. We only recommend products we think will help you improve your credit score or your financial well-being.
4. Credit articles and education
Borrowell’s mission is to help Canadians make great decisions about credit. In order to fulfill this mission, we understand credit education has a large role to play. This is why we’ve focused much of our education efforts on our blog, The Well.
Sign up for Borrowell’s bi-weekly newsletter to receive the latest Canadian financial news, money and credit management tips and personal loan articles.
Wait a minute. How does Borrowell make money?
Great question. As a financial technology company, transparency is key. Our business generates revenue by recommending products such as low-interest personal loans, savings accounts, and other financial products based on your unique credit profile and financial goals. If you take a product we recommend, that company pays us a referral fee. We also offer our own personal loan product and we earn a fee on each loan.
If you’re not interested, that’s totally fine – we’re still happy to provide you with your credit score for free. Hopefully, over time, we’ll recommend something you’ll find useful. If not, we’re happy to help you learn about and improve your credit score.
Doing these 5 things can help you get an excellent credit score, according to a new Borrowell study.
Nov 01, 2019
Welcome to The Ultimate Guide To Personal Finance For College And University Students, by Borrowell! In this five-part guide, you’ll learn about important personal finance concepts that will prepare you for the next few years of school and beyond.
Aug 07, 2019
Today is an exciting day for all of us at Borrowell! We’re pleased to share that over a million people have signed up to Borrowell as members. This is an important milestone. It means that one in every 25 adult Canadians uses our free credit monitoring service! By that measure, this makes Borrowell Canada’s largest fintech company.
Apr 02, 2019
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.
2014-2020 Borrowell® | The Credit Is All Yours!