Author Archives: Rachel Surman
Average Credit Score By Canadian City: Borrowell Study
What city has the highest Canadian credit score? It’s a question we were wondering at Borrowell, so we decided to dive into the data to find out. What city has the highest Canadian credit score? We’ve helped over 600,000 Canadians… Read More
August 15, 2018Blog
I Have A Zero Credit Score – Now What?
Capital One® is a proud partner of Borrowell. Tens of thousands of Canadians get their free credit score from Borrowell every single day. But sometimes, all they see is a zero credit score! How could this be? It’s a bit… Read More
July 18, 2018Credit Score Education Centre
Bank Of Canada Hikes Key Interest Rate – What You Need To Know
The Bank of Canada (BoC) raised its key interest rate from 1.25% to 1.50% on Wednesday. This is the bank’s fourth increase in the last year. Here’s what you need to know. What is the key interest rate? This interest… Read More
Borrowell’s Free Credit Monitoring Service Is Now Available In Quebec (Beta)
Bonjour! We have exciting news to share: we’ve made free credit score available in Quebec (beta). We’re super excited to be in the awesome province of Quebec. Now, for the first time, residents of Quebec can access their credit score… Read More
July 3, 2018Blog
It’s Been Two Years Of Free Credit Scores!
At Borrowell, we’re big on celebrations. Whether it be birthdays at the office, promotions, or company anniversaries – we’re always ready with balloons and cake in hand. So what’s so special about June 20th? On June 20th, 2016, Borrowell became… Read More
Happy Digital Literacy Day! How Digitally Literate Are You?
Did you know May 31 is Digital Literacy Day in Toronto? As a financial technology company, we at Borrowell think this is an incredibly important day – considering the technological revolution the world is currently experiencing. Technology is completely changing the… Read More
May 31, 2018Blog
Bank Of Canada Keeps Key Interest Rate At 1.25% – What You Need To Know
The Bank of Canada (BoC) kept its key interest rate at 1.25%, it said in a statement Wednesday. But, as usual, hinted at a rate increase to come. Here’s what you need to know. What is the key interest rate?… Read More
May 30, 2018Blog
Worried You May Have Been Affected By A Data Breach? Here’s What You Can Do
Data breaches seem to be occurring more and more frequently – a very scary thought for many Canadians. A data breach is when sensitive, protected, or confidential data is stolen from an organization. This information can be used to steal… Read More
May 29, 2018Blog
Personal Loan Or Line Of Credit: What Is The Difference?
Many Canadians often wonder whether they should take a personal loan or line of credit. However, there are common misconceptions about how both of them work. In this blog, we’ll explain the differences between the two credit products to help… Read More
What Are The Factors That Determine My Auto Insurance Rate? How To Find The Right Auto Insurance
This may not be the news you were hoping for – but your auto insurance rate will most likely increase come renewal time. Unfortunately, recent reports indicate that insurance rates are due to increase in 2018 in Ontario. Both private… Read More