The Well

Dean Van Asseldonk | Blog

It’s Been A Year Of Free Credit Scores!

June 28, 2017

Anniversaries are important to celebrate –  let’s have a look at the last year. On June 20th, 2016 Borrowell became the first company in Canada to offer credit scores for free.

We’ve loved helping Canadians discover their credit score, but we are just getting started.

We’re here to help you achieve your financial goals. Building great credit is important for your financial well-being. If you plan to get a new job, sign a lease, finance a car, apply for a credit card or get a mortgage your credit score will be taken into account.


We’ve created resources to help you improve your credit, save money and reach your financial goals. Here are some of our favorites from the last year:

Free 7-Week Email Course
This course is designed to help you improve your credit score. Delivered right to your inbox. One lesson each week.  Read More

What Is Credit Utilization?
Credit utilization makes up 30% of your credit score. The lower your credit utilization, the better, and it is something you can improve easily. Read More

The Importance Of On Time Payments
Payment history and making payments on time makes up 35% of your credit score. Follow our two easy steps to control on time payments. Read More

Ultimate Guide to Canadian Credit Scores
This guide will explain what a credit score is, the best practices to using credit, and how to achieve and maintain a good score. Read More

Credit Score FAQs
Have other questions about your credit score? Check out our FAQs. 

Over 200,000 Canadians have received their credit score from Borrowell.  Knowing your credit score is good. Using your credit score to save you money is better.