Borrowell vs Mogo: which one should you use to check your credit score?
EDIT: As of 2023, Mogo no longer offers the ability to check your credit score or free identity protection 🙁
Knowing your credit score is really important when you’re looking to apply for a credit card, personal loan or a mortgage. Basically, it’s a number that demonstrates your credit worthiness to financial institutions.
In Canada, there are many ways to check your credit score but it comes at a cost. For example, the credit bureau Equifax charges between $12 and $20/month for credit report monitoring.
But now, Canadian fintech companies Borrowell and Mogo both allow you to check regularly your Equifax credit score completely for FREE!