03. Borrowell: Personal Loan Canada
Over 1 million people use Canadian fintech lender Borrowell. It offers a range of financial services and is one of Canada’s leading suppliers of personal loans. Additionally, this Canadian lender is the first to enter into an agreement with Equifax and provide its customers with free credit reports.
Loan and Service Types
Credit monitoring, credit cards, mortgages, banking and investment, and insurance plans are a few of the services that Borrowell provides. Personal loans, small business loans, debt consolidation loans, home renovation loans, and loans for the purchase of a car are all types of loans that may vary in size from $1,000 to $35,000.
One benefit of Borrowell’s services is that the business gives all the details about the costs associated with the loan. Additionally, it assists you in figuring out how much interest you will have to pay. The fact that Borrowell exclusively grants loans to borrowers with strong credit is its major downside.
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