Consumer Proposal purged from credit file
May 19th, 2011 by Questions
Can you please clarify when a fully completed consumer proposal is cleared off a credit file at Equifax and TransUnion ? I’ve done my own research because I want to apply for credit soon and have found conflicting information. Some websites report that a consumer proposal is cleared off 3 years from the date of completion or 6 years after the filing, whichever comes first. So if I filed my 5 year CP in August 2005 and fully completed and paid it in August 2010, does it get removed from my credit report in August 2011 or August 2013 ? Thanks.
Posted from: British Columbia
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