There appears to be no cheat codes or hacks for Borderlands PC.
Fortunately, there is a save editor which you can edit your character level, money, items, skills are more!

Download Link: http://www.badongo.com/file/18131429
Borderlands save file location:
C:\Users\Username\Documents\My Games\Borderlands\SaveData for Vista & Windows 7
and in My Documents\My Games\Borderlands\SaveData for Windows XP
If you want to edit your skill tree, you need to manually add the corresponding code for the skill, below is an example of maxed out siren skill trees
Happy Cheating in Borderlands!
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help
November 2nd, 2009 at 11:23 pm
Um… do i have to be a badongo member to download this file?
jabum
November 3rd, 2009 at 9:27 pm
hi
i have some informations for you.
datas named as ‘is equiped’ on Weapons tab actually mean ‘weapon rank.’
if this higher, the weapon has more powerful and need higher level of player.
length of string changing does not take any influences to datas followed after it.
if ‘string length’ data suits.
thanks for making editor. :]
Cody
November 5th, 2009 at 2:05 am
Interesting. I had a look at the data stored in the save game files, and it all seems rather straightforward just not word-wrapped. I think this will help my decipher the entire database of guns they created to work out the more powerful ones and the modifiers involved.
Cheers
R000BR
November 6th, 2009 at 8:09 am
great!!!!
Dalhe Brasil xD
p
December 22nd, 2009 at 7:33 pm
pp
Black Yousa
August 22nd, 2010 at 6:12 pm
How the flying fuck do I get the weapons to work?