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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!  

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Mogo review 2022: check your credit score for FREE in Canada

EDIT: The MogoCard is no longer being offered as of April 5, 2023 and will be discontinued as of June 6, 2023.

EDIT: As of 2023, Mogo no longer offers the ability to check your credit score or free identity protection 🙁

In Canada, it’s expensive to check your credit score and report. For example, the credit bureau Equifax charges between $12 and $20/month for credit report monitoring.

Well, if you want a FREE alternative, register with Mogo to get your Equifax credit score on a monthly basis!

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