Canada Drives Has Partnered With Borrowell
Canada Drives knows that understanding your credit score is crucial to managing your financial health. Use Borrowell to check your Equifax credit score for free and make impactful improvements to your score. Join over 1.5 million Canadians who have signed up for Borrowell to improve their financial health.
What is Your Credit Score?
Your credit score is a number ranging from 300 to 900 that reflects your creditworthiness. Lenders assess your credit score to see how likely you are to make payments on time. Higher scores help you qualify for better interest rates on car loans, credit cards, mortgages, and more. A good credit score could potentially save you hundreds and even thousands of dollars on interest payments!
How Does Borrowell Work?
Free Credit Monitoring
Sign up in just 3 minutes for free access to your Equifax credit score and report.
The first in Canada, our AI-powered Credit Coach helps you understand your credit score and gives personalized tips and articles that may help improve it.
Compare financial products from over 50+ partners and get personalized recommendations based on your credit profile.
Why is Monitoring your Credit Score Important?
Lenders qualify based on your credit score
Your credit score is one of the main criteria for qualifying for a car loan. Because of this, understanding what your actual credit score looks like can help you when you’re shopping around for your next car. With Borrowell, you can check your credit score for free and learn what car loans you’re likely to qualify for.
Loan payments improve your credit score
Making regular car loan repayments can actually help you increase your credit score. Your credit history is a key factor of your credit score, so when you make on-time payments towards your car loan, you’re building up your credit history in a positive way. This will help you improve your credit score and your financial health.
Higher scores qualify for more products
Building and monitoring your credit score will help you when you’re shopping around for your next credit card, car, or mortgage. Use Borrowell to get personalized tips on how to improve your credit score. This can help you qualify for more car loans from Canada Drives, and it can help you find credit cards and other loan products on the Borrowell platform.
Over 1 Million Canadians Trust Borrowell
Love this! I was a little skeptical at first but it tells you who you still owe and how much. Currently using this to view my credit and pay off what I owe.
I have been using Borrowell for over a year now and I am a happy customer. I get the real deal on my credit and good advice also!
Excellent service. Recommend to understand your finance and banking accounts, debt control, loan utilization to build a good credit score for lending purpose.
Canada Drives is Excited to Partner with Borrowell
Canada Drives Wants to Help You Improve Your Financial Health
Canada Drives knows the key to managing your financial health is understanding your credit. Thanks to this new partnership, Canada Drives customers can receive free credit monitoring, including their free credit score and access to the Borrowell Credit Coach.