A debt consolidation loan can be a great option if you're managing multiple debts. If you have bad credit, you can likely still qualify for a debt consolidation loan, but your options will be more limited.
Kate Smalley
Sep 22, 2020
Read more
Small Business Loans to Reach Your Goals
Sign up to help achieve your business goals with small business loans that are tailored to your credit profile.
What Type of Loan Are You Looking For?
Quick & Easy Loan Process
Sign Up & Get Your Score
Sign up and get your free Equifax credit score in just 3 minutes. Your credit score is updated on a weekly basis, and checking your score won't hurt it!
Check Rates & Choose Your Offer
Your credit profile is automatically matched with the best loan products for you. Select your offer and complete the online application through the platform.
Get Your Money
Once you are approved through loan partners, you can usually get access to funds in a matter of days.
Join Over 2 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 exciting!
Sam V.
Just checked my credit score using Borrowell for FREE and without affecting my score! Gotta love Canadian startups.
Learn More On The Well
Debt consolidation can help you lower your monthly payments and get out of debt sooner, but you should be aware of how it impacts your credit score. Applying for debt consolidation loans can cause a temporary dip in your credit score, but making on-time payments towards a debt consolidation loan can help you increase your credit score in the long-term. In summary, debt consolidation can help you build your long-term credit score when used properly.
Kate Smalley
Sep 22, 2020
Read More
Paying off debt is never easy. Credit card debt, car loans, and student debt all add up and can be challenging to pay off – especially if you have a low income. If you’ve found yourself with debt on a low income, here’s a step-by-step guide to paying off that debt for good and improving your personal finances. In addition to the guide below, you’ll also find debt consolidation options for low-income earners.
Jordann Brown
Sep 22, 2020
Read More