Category Archives: News

affected by a data breach

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

Rachel Surman

May 29, 2018

Blog,News
Borrowell Commercial

5 Questions With Eva Wong About Borrowell’s New TV Spot: ‘Home Birth’

If you’ve ever felt anxious when it comes to your finances, more specifically your credit score, Borrowell – Canada’s leading credit monitoring company – has a new commercial just for you. The commercial features a young couple in the midst… Read More

Rachel Surman

April 25, 2018

Blog,News
Bank Of Canada

The Bank Of Canada Keeps Interest Rate At 1.25%

The Bank of Canada (BoC) announced Wednesday it’s keeping its trendsetting interest rate at 1.25%. This interest rate is called the “Overnight Rate” and is what dictates the prime consumer lending rates of Canada’s “Big Six Banks.” For context, the… Read More

Rachel Surman

March 7, 2018

Blog,News

Borrowell Gives Birth To New TV Campaign

  Toronto, Feb. 13, 2018 – Borrowell, Canada’s leading credit education company, is making its first major foray into television with a 30-second spot that launches today, called “Home Birth.” Created by Toronto-based agency Conflict, the commercial aims to raise… Read More

Rachel Surman

February 13, 2018

Blog,News

Borrowell Launches Free Equifax® Credit Report Monitoring, A Canadian First

TORONTO, Canada – January 24, 2018 – Borrowell, Canada’s leading credit education company, today announced that it is providing Canadians with free access to their Equifax credit reports. For the first time, Canadians will be able to monitor important information in… Read More

Rachel Surman

January 24, 2018

Blog,News
deloitte fast 50

Borrowell Named One Of Eleven Companies-to-Watch In Canada

Borrowell received a Companies-to-Watch award as part of the Deloitte Technology Fast 50 Program! The program recognizes early-stage companies with strong growth potential. Borrowell is one of eleven companies across Canada to win the award this year – and is… Read More

Rachel Surman

November 9, 2017

Blog,News
Bank of Canada Rate Announcements

Bank of Canada Keeps Interest Rate At 1%: What You Need To Know

The Bank of Canada (BoC) kept its trendsetting interest rate at 1% on Wednesday, following two straight hikes in July and September. This rate, called the “Overnight Rate,” is what dictates the prime consumer lending rates of Canada’s “Big Five… Read More

Rachel Surman

October 25, 2017

Blog,News
Equifax credit monitoring credit score

You Can Now Monitor Your Credit Score More Often: Our Response To The Equifax Security Incident

Last week, we posted a blog informing our members of the Equifax security incident that affected 143 million Americans. Today, Equifax confirmed that the incident has affected approximately 100,000 Canadian consumers. The information that was compromised included names, Social Insurance… Read More

Rachel Surman

September 19, 2017

Personal Finance,Blog,News
Canadian flag. Equifax breach. Canada.

Equifax Hack Data Breach: What you can do about it in Canada

You may have heard the news about the Equifax data breach. At Borrowell, we believe in helping Canadians make great decisions about credit – and this means being as transparent and helpful as possible. We’ve been in contact with Equifax… Read More

Rachel Surman

September 13, 2017

Blog,News
toronto skyline

What do Canadians need to know about the Equifax Data Breach?

What happened? Equifax, the credit bureau Borrowell uses to provide free credit scores, announced on Thursday that it was the subject of a large-scale data breach. This breach has reportedly affected 143 million Americans, as well as an unknown number… Read More

Rachel Surman

September 9, 2017

Blog,News