5 Questions with Toronto Mayor John Tory

AdministratorBlog

One of our favourite blog features is called “5 Questions With”, in which we pose 5 thought provoking questions to various prominent members of our community.  In this week’s blog post, we ask 5 Questions to Toronto Mayor John Tory! It’s been almost exactly one year since John Tory became Mayor of Toronto.  Recently, Mayor Tory travelled to London, UK and … Read More

FinTech Canada – The Unbundling Of Canadian Financial Services

Robert PalumboBlog

Unbundling of a Bank- Canadian Edition

  High-growth Canadian startups from coast-to-coast are leveraging financial technology (aka fintech) to challenge traditional banking verticals. We charted the unbundling above. To experience for yourself how Borrowell is using technology to offer lower rates and a better customer experience, click ‘Check My Rate’ below!

My Experience Applying For A Loan From The Bank

StephanieBlog

Setting Foot In A Bank Canada

We know that many customers choose Borrowell as a way to refinance credit cards and other debt at better rates. But there is also a serious convenience factor that Borrowell brings to the process of getting a personal loan. We spent a lot of time developing the platform to be as user-friendly as possible. In comparison, the process of getting a personal … Read More

5 Questions with Philippe Garneau of GWP Brand Engineering

AdministratorBlog

Phillipe Canada

Not many people know financial services advertising industry as well as Philippe Garneau, Founder of GWP Brand Engineering.  They were the agency that famously brought ING Direct to Canada, and are now the agency powering Borrowell’s mission to make Canadian borrowing more fast, fair and friendly.  We caught up with Philippe for the latest installment of ‘5 Questions With…’ You … Read More

Top 10 Reasons to Move Credit Card Debt to a Term Loan

AdministratorBlog

nomorecreditcarddebt

If, like many Canadians , you find yourself with credit card debt and wonder if there’s a good solution for you, there are a few options out there and some are better than others. While we may dream of a lottery win to pay off debt and move to the sunny shores of the Caribbean (maybe that’s just me), here are ten reasons … Read More

How Is Borrowell Different From Payday Lenders?

StephanieBlog

Loan Image

Around 2 million Canadians use payday loans annually. There are over 1,400 payday outlets in Canada – either as storefronts or online. What is the difference between a payday loan and other personal loan products? At first glance, one lender can appear to be quite similar to another. But there are a number of key differences between payday lenders and other mainstream … Read More

Pay Off That Credit Card Balance…Lose The Debt!

Robert PalumboBlog

ccdebt

Can’t get rid of a pesky lingering credit card balance? Having a dedicated debt payment plan certainly helps… but sometimes you have to address your debt issues at the source. Did you know that, at an average interest rate of 20%, credit cards are among the costliest loans out there? What if you could switch your debt to a different … Read More

What Is Online Lending? Canada Edition.

Robert PalumboBlog

whatisonlinelending

What is online lending? If you’ve recently been investigating your personal loan options, you may have discovered that there is a new way to borrow money in Canada – online lending.  What is the difference between online lending and traditional bank lending? How does online lending work? Whether you’re looking to consolidate your debt, or are simply in the market for a … Read More

Reinventing The Credit Score: How The Data Revolution Is Shaping Personal Finance

AdministratorBlog

Credit Data on Laptop

There are certain numbers that people just know – their annual income, age, weight, and perhaps even their social insurance number. This list tends to change through time as technology advances; for instance one may not need to remember their spouse’s phone number with the advent of cellphones and programs like Google Contacts or Outlook. However, there are certain numbers … Read More