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Borrowell

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Toronto, ON
Borrowell

We help Canadians understand, build and use their credit. Sign up for your free credit score & learn more: linktr.ee/myborrowell The credit is all yours.

Borrowell is a Canadian company that offers free credit score monitoring, personal loans, and product recommendations.

03/18/2026

Today, the Bank of Canada decided to hold its key interest rate at 2.25% 🏦

After cutting rates twice in fall 2025, the Bank has now held steady through December, January, and March as it continues to monitor inflation and the health of the Canadian economy.

Most economists expected this pause, and many think the Bank could keep rates around this level for much of 2026 while it waits for clearer signals on inflation and economic growth.

Make sure you're following Borrowell to keep up-to-date with Canadian finance news.

03/17/2026

Which Canadian province or territory has the highest credit score on average? Did you guess right?!?

If you don’t know your credit score yet, you can access it for free through Borrowell: Canada’s first provider of free credit scores 🙌

03/04/2026

Apple vs Android: which users have a higher average credit score in Canada?

Did you guess right?!?

If you don’t know your credit score yet, you can check it for free with Borrowell, Canada’s original provider of free credit scores 🙌

02/26/2026

🎤 We asked people on the streets of Toronto whether they think Millennials or Gen-Z have a higher average credit score in Canada. Did you get it right?!?

If you don’t know yours yet, you can get your free credit score through Borrowell 🙌

02/17/2026

🚨There are less than two weeks left to maximize your RRSP contributions for the 2025 tax year!🚨

RRSPs are one of the best financial vehicles available to lower your yearly taxes and achieve significant, long-term savings goals.

Every dollar you put in lowers the amount of tax you owe. You'll find your personal RRSP contribution limit through your CRA account and, if you're able to, it's a great idea to max out your annual contribution.

If you're not able to this year, don't worry, your unused contribution room will roll over to next year, but why not think about setting up a regular auto-payment to your RRSP going forward so you're more likely to maximize next year?

Got questions? Let us know in the comments!

02/05/2026

When you sign up for Borrowell Rent Advantage, we report your rent payments to Equifax Canada so that you can build your payment history, credit history and credit mix: three factors that have a BIG impact on your credit score.

And the unique thing about Rent Advantage is that it does not require the involvement of your landlord.

Head to borrowell.com/rent-advantage to find out more information 🏠📈

01/28/2026

Today, the Bank of Canada decided to hold its key interest rate at 2.25% 🏦

After two rate cuts in fall 2025, the Bank has now hit pause, holding steady through December and January as it waits to see how inflation and the broader economy shake out.

For borrowers, this means a bit more stability for now. For savers, it’s another reminder that rates may not fall quickly from here.

The big question: is this just a pause… or the new normal?

12/29/2025

⚠️ LAST CHANCE TO WIN BIG! ⚠️

Sign in to your Borrowell account anytime before January 1 and you’ll automatically be entered for a chance to win $5,000.

Once you’re in the app, you can check your credit score and get a breakdown of all the factors that make up your credit report, including things you can improve to build credit 📈

Full terms and conditions are available at borrowell.com/terms-5k-contest.

12/24/2025

Happy holidays to all of our members, from your friends at Borrowell 💙💜

However you celebrate, may the coming days be warm, bright, and full of cheer!

12/15/2025

🏆 Log in to win! 🏆
Sign in to your Borrowell account anytime before January 1 and you’ll automatically be entered for a chance to win $5,000.

With Borrowell, you can check your credit score AND discover the best financial products for you, based on your credit profile 💪

Full terms and conditions are available at borrowell.com/terms-5k-contest.

12/10/2025

Today, the Bank of Canada decided to hold its policy rate steady at 2.25% 🏦 That tells us the economy is in a bit of a balancing act: inflation is stabilizing and now sits at levels the Bank seems comfortable with, but growth remains uneven.

So what does this mean for you? Borrowing costs stay where they are for now, so if you have a loan or mortgage with a variable rate, you aren't going to see a change in your payments. If you have the room in your budget, it's always a good idea to try and pay down high interest debt as soon as possible.

The next scheduled interest rate announcement from the Bank of Canada is Wednesday, January 28 and, as always, Borrowell will keep you updated!

12/08/2025

✨ Log in, win big! ✨

Sign in to your Borrowell account anytime in December and you’ll automatically be entered for a chance to win $5,000.

Once you’re in the app, you can check your credit score AND compare the top financial products on the market, with personalized recommendations based on your unique credit profile 🙌

Full terms and conditions are available at borrowell.com/terms-5k-contest.

Address

Toronto, ON

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Website

https://www.borrowell.com/

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Borrowell is a Canadian company that offers free credit score and report monitoring, personal loans, and product recommendations. The credit is all yours.