Credit Karma vs Borrowell - The only comparison you need (2024)

Credit Karma vs Borrowell is the big debate we have when we are looking for credit scores in Canada. Credit scores are critical for your financial success in Canada. You can get your free credit scores from Credit Karma and Borrowell (links below). But both these companies offer different services along with free credit reports.
In this video, I have detailed the differences between Credit Karma and Borrowell and which one I think is ahead when compared.
When registered with them, they give you these offers and recommendations of credit cards, mortgages, or personal loans in the hopes that you will eventually get one of the options from their partners. When you buy that option, then these companies make money. It is important to know which company you should invest your time with.
FREE CREDIT SCORE:
borrowell.com/free-credit-sco...
www.creditkarma.com
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I’m Armaghan Tanveer, a CPA by profession and a creative at heart. I make videos about personal finance, investments, and taxes in Canada. If you like what I do, you can support me by buying coffee ☕️from the following link.
www.buymeacoffee.com/Armaghan...
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🧑‍⚖️ DISCLAIMER
I have to give you a disclaimer here. Not everything I say here on the channel will apply to you. This is because everyone has different financial targets; your age, the risk you are willing to take, the number of family members dependent on you, and so many other factors - all make you unique. The videos I am making should not be taken as financial advice. Use the information in the videos as your first step and build upon that information. Over the next few months, I will share my investment strategies and the things that worked for me or didn’t work for me. You can use that information and do a self-reflection on where you want to go, and hopefully, through this process, we will grow and learn.

[@yzacandava]

This is so helpful, thank you so much!

[@armaghantanveercpa]

Glad it was helpful!

[@nicksparta9580]

In my case borrowell has a higher score than credit karama

[@terrymyre8815]

Ck is a the better credit score.

[@armaghantanveercpa]

There isnt any better or worse. It depends on your loan provider what they are looking for. Slightly different calculation methods, that is it