Financial accounts
For positive accounts with no late payments, these can stay on file for 20 years from the last activity date.
Hard (credit application) inquiry
6 years
Soft (quotation) inquiry:
6 years and does not affect your credit rating.
Consumer proposal
Remains on file for 2 years from the date satisfied.
Bankruptcies
6 to 10 years depending on provincial requirements. Multiple bankruptcies can stay on file for 14 years
Judgements
6 to 10 years depending on provincial requirements.
6 to 10 years depending on provincial requirements.
Fraud statement
This statement from the TransUnion Fraud Victim Assistance Department stays on your credit file for 6 years from the date it was added. You can request deletion in writing.
Consumer statements
This can remain on file until you ask for it to be removed
Sometimes, providers share your information with TransUnion (our partner credit reporting agency) for more or less time than what's listed above. When they stop sharing this information with TransUnion, it'll stop showing in your credit report.