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Home / October 2019 / Archives for October 10, 2019

How long does a consumer proposal stay on a credit report? (Updated)

Credit Score in Consumer Proposal
  • October 10
  • By: Michael Krieger
  • Category: Blog Articles
  • Tags: Consumer Proposal, Credit Report, Credit Score
  • Date: October 10, 2019October 10, 2019October 10, 2019
    • 698
Both Equifax and TransUnion have shortened the time that consumer proposals remain on a credit report and impact a credit score. A consumer proposal will continue to appear for three years after a consumer proposal is fully performed. It will now also be limited to a maximum of six years after the consumer proposal was originally filed. This means that a consumer debtor taking the full five-…
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