Borrowell - Reviews and experiences
Dec 2023-May 2024
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Reviews (19)
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Credit building service
Credit building service
ComplaintsI tried out this credit building service that said it would boost my credit score. But when I looked at my Equifax report, I was let down to see that there was no change. Even though I made several payments every month, it didn't seem to have any effect on my score. It was frustrating because it seemed like the Credit Bureaus didn't take these reports into account at all. It felt like I wasted my time and money.
Unwanted credit score inquiries
Unwanted credit score inquiries
ComplaintsI've had over 100 inquiries on my credit score from this company even though I've never dealt with them. I've been asking them for over a year to stop the inquiries, but they just keep increasing. If you care about your credit score and privacy, stay away from this company.
About Borrowell
Borrowell is a Canadian fintech company founded in 2014, headquartered in Toronto, Ontario. It specializes in providing free credit scores and reports, personal loans, and financial product recommendations. Recognized as one of the first companies in Canada to offer free credit scores without any obligation to apply for credit, Borrowell aims to empower consumers to improve their financial well-being by providing them with tools and personalized tips to help them understand and manage their credit. Over the years, the company has grown significantly, partnering with various banks and financial institutions to offer a wide range of financial products and services tailored to meet the diverse needs of Canadian consumers.
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Last update: November 29, 2024
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