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It’s Been A Year Of Free Credit Scores!

Dean Van Asseldonk

Jun 28, 2017

Anniversaries are important to celebrate –  let’s have a look at the last year. On June 20th, 2016 Borrowell became the first company in Canada to offer credit scores for free.

We’ve loved helping Canadians discover their credit score, but we are just getting started.

We’re here to help you achieve your financial goals. Building great credit is important for your financial well-being. If you plan to get a new job, sign a lease, finance a car, apply for a credit card or get a mortgage your credit score will be taken into account.

We’ve created resources to help you improve your credit, save money and reach your financial goals. Here are some of our favorites from the last year:

Free 7-Week Email Course This course is designed to help you improve your credit score. Delivered right to your inbox. One lesson each week.  

What Is Credit Utilization? Credit utilization makes up 30% of your credit score. The lower your credit utilization, the better, and it is something you can improve easily. 

The Importance Of On Time Payments Payment history and making payments on time makes up 35% of your credit score. Follow our two easy steps to control on time payments. 

Ultimate Guide to Canadian Credit Scores This guide will explain what a credit score is, the best practices to using credit, and how to achieve and maintain a good score. 

Credit Score FAQs Have other questions about your credit score? 

Over 200,000 Canadians have received their credit score from Borrowell.  Knowing your credit score is good. Using your credit score to save you money is better.

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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.


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