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Loans for Big Purchases

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Let Us Help Achieve Your Goals

At some point in your life, you may need to make a purchase that you currently don’t have the money for. If you’re looking to further your education or need a car to get to work, a personal loan can make your life easier and help you achieve your goals.

Take out a personal loan between $1,000 to $35,000 to cover your big purchase cost, without carrying expensive credit card debt. Get your credit score for free and we’ll show you the best loans suited to your financial profile.

Top 5 Reasons Why Canadians Love Borrowell

Get access to unsecured loans up to $35,000 starting at 5.99% APR* and free credit monitoring.

Free credit score and report monitoring

Low fixed rates and monthly payments

Apply online and get your loan as quickly as 2-3 days

Online application and then get your loan as quickly as 48 hours

No loan pre-payment fees

Bank level security with highest level 256-bit encryption

Quick & Easy Loan Process

Sign Up + Get Free Credit Score

Check offers and select your personal loan offer.

Check Rates + Choose Offer

Your credit score profile allows us to show your best rates and offers. Select your offer and complete the online application.

Get Your Money

Once your information is verified, we'll send money to your account within 48 hours of you accepting the loan agreement.

Join Over 1 Million Borrowell Members

Harneet S

@theharneetsingh

Awesome! I've been using @Borrowell for quite some time. Amazing concept.

Rebecca L

@_rbcalee

Just checked my credit score w/ @Borrowell and the best part was that they used emojis! Such fun! So excite!

Sam V

@samteevee

Just checked my credit score using @Borrowell for FREE and without affecting my score! Gotta love Canadian startups

Learn More On The Well

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Owning a vehicle, or more than one for that matter, is quite standard for most people across Canada. This likely isn’t a surprise to you, but what you may not know is that nearly any owned vehicle can be used as collateral to secure a loan.

Loans Canada

Mar 13, 2019

How To Apply For A Personal Loan

Applying for a loan isn’t always easy, let alone qualifying and being approved to borrow money. At Borrowell, we’re dedicated to helping Canadians make great decisions about credit and ultimately to help in making personal finances less stressful.

Ben Labenski

Apr 03, 2019

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...

Rachel Surman

Apr 17, 2018

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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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