We’ve Lowered Interest Rates On Borrowell Personal Loans! What Does This Mean For You?
We know that high-interest credit card debt can be a huge burden. We also know how important securing a low-interest rate on a loan for your next big purchase can be. This is why we’ve lowered our interest rates by… Read More
Introducing: The Borrowell Personal Loan Calculator!
Debt has become a major issue in Canada. In fact, 2017 figures from Equifax show that consumer debt is now at an all-time high of almost $1.8 trillion – and this includes $90 billion in outstanding credit card debt! If… Read More
Should I Consider A Personal Loan To Maximize My RRSP Contribution?
We are now well into RRSP season, with the deadline of March 1st right around the corner! This means you have until then to contribute to your RRSP and have it applied to your 2017 tax return. If you haven’t… Read More
Take Control Of Your Finances! 4 Ways To Save In 2018
Happy New Year from Borrowell! Is your New Year’s resolution to take control of your finances and pay off debt? You’re not alone. According to a new CIBC poll – 25% of those surveyed listed reducing debt as their top… Read More
How Do I Consolidate My Debt With A Low Interest Personal Loan?
The holidays can be an expensive and hectic time of the year. Getting into credit card debt during this time is all too easy; with the swipe of a card, your holiday shopping is complete! But not so fast. According… Read More
Consumer lending rates jump after Bank of Canada hike: but what does this mean for you?
The Bank of Canada (BoC) raised its trendsetting interest rate from 0.75% to 1% on Wednesday, prompting Canada’s “Big Five Banks” to increase prime consumer lending rates. Effective Thursday, RBC, BMO, TD, Scotiabank, and CIBC will all increase prime lending… Read More
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
June 27, 2017Personal Loans
How Emma Saved $12,000 In Credit Card Interest Payments And Was Debt-Free Six Years Sooner
Emma would often come to her job with bags underneath her eyes. Her colleagues were constantly asking her if things were alright at home and if she was okay. Emma did not want to be sick anymore. She was also… Read More
November 18, 2015Blog