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How long do these factors affect your credit score?
Information that affects your credit score is usually removed from
your credit report after a certain period of time. The length of time
that information must stay in your report depends on:
- the province or territory where you live; and
- the type of information.
The following charts show how long it takes before information is removed from TransUnion and Equifax credit reports.
The following charts show how long it takes before information is removed from TransUnion credit reports
|
BC |
AB |
SK |
MB |
ON |
QC |
NB |
NS |
PEI |
NL |
Terr. |
| Year(s) |
Credit transactions (trades)
(from the first date of delinquency) |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
Judgments
(from the reporting date) |
6 |
6 |
6 |
6 |
7 |
7 |
7 |
6 |
10 |
7 |
6 |
Collections
(from the first date of delinquency) |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
Secured loans (registered items)
(from the date opened) |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
5 |
Bankruptcy
(from the discharge) |
6 |
6 |
6 |
6 |
7 |
7 |
7 |
6 |
7 |
7 |
6 |
Registered consumer proposal, Orderly payment of debts
(from the date satisfied) |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
Credit counseling
(from the date satisfied) |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
The following charts show how long it takes before information is removed from Equifax credit reports
|
BC |
AB |
SK |
MB |
ON |
QC |
NB |
NS |
PEI |
NL |
Terr. |
| Year(s) |
Credit transactions (trades)
(from the date of last activity) |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
Judgments
(from the date satisfied or deposit) |
6 |
6 |
6 |
6 |
6 |
6 |
7 |
6 |
7 to 10 |
6 |
6 |
Collections
(from the date of last activity) |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
Secured loans (registered items)
(from the filing date) |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
Bankruptcy
(from the discharge date) |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
6 |
Registered consumer proposal, Orderly payment of debts
(from the date paid) |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
Credit counseling
(from the date paid) |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
3 |
Source: Equifax and TransUnion
.
Source: Financial Consumer Agency of Canada
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