How My Ringtone Helps Me Pay Off Credit Card Debt



Guest Post by Philippe Garneau Got a bucket list? I started my first bucket list after reading about showers. Yep, showers. You know how we all step in, turn on the tap and then step back while the freezing water warms? An article suggested putting a bucket in the shower to collect that perfectly good fresh water and then use … Read More

Personal Loan Vs Credit Card Debt

Robert PalumboBlog1 Comment

Managing and paying down credit card debt can be a serious challenge. Here at Borrowell, we believe that a personal loan  is a great solution for paying off credit cards.  The benefits are clear: a Borrowell personal loan can be used to consolidate multiple credit card debts into a single, lower-interest loan with one manageable monthly payment. Moving your credit card debt to a personal … Read More

Four Lifesaving Resources For Families On A Budget

Eva WongBlog6 Comments

Kids at the library

I always appreciate tips on how to live life to the full on a budget. And with two kids under 5, life definitely feels full! Here are some resources I’ve found really helpful. Flipp – Flyer Comparison App After housing, food is the next biggest expense in our household. We try to cook as many meals as possible at home. … Read More

Create a Debt Plan in 10 Minutes

Robert PalumboBlogLeave a Comment

Conquer your debt

Are credit card interest payments weighing you down? You’re not alone. Nearly half of Canadians hold credit card debt , but nobody likes talking about it. According to a survey by the National Foundation for Consumer Counselling (U.S.),  37% of respondents would be more embarrassed  to admit the balance on their credit cards than their age or weight.  Our goal is to get rid of this stigma so that we can start dealing with the problem. … Read More

What’s In A Credit Score?


Credit Score Borrowell

When it comes to your financial health, there are lots of numbers you could examine. Your bank balance, the amount of debt you owe and your net worth are just some examples. But of all these numbers, credit score has to be the one that Canadians understand the least. What goes into a credit score? What’s the difference between a … Read More

3 Ways Tech Will Change Your Finances Forever


tech finances

Canadian companies are using technology to improve your financial life. Big changes are coming to make things simpler and more rewarding, from how you pay for a lunch-time coffee to how you plan for retirement. Investing A recent repor t from the Canadian Centre for Policy Alternatives highlighted how high fees on mutual funds are eroding Canadians’ retirement savings in their RRSPs: … Read More

The Biggest Financial Innovation For Consumers Since The ATM?

Andrew GrahamBlog

marketplace lending

I’m en route back to Toronto from New York City, where members of the Borrowell team were attending LendIt 2015 . LendIt is the world’s largest and most influential marketplace lending conference. This year, 2500 people from around the globe gathered to network and explore how technology will change the way people and businesses get access to credit. What’s marketplace lending? Marketplace lending takes the “marketplace” approach … Read More