Bad Information: How Long Does it Stay on My Credit Report

TORONTO - April 4, 2023 - PRLog -- While positive info remains on your credit report no matter what, negative information has a much larger impact on your credit report overall. Good Fellow's Auto Wholesalers is here today because we'd like to talk about this topic in detail. This way, you can gain a better understanding of how long any type of information remains on your credit report. When it comes to everything related to Auto Financing, our team is here to inform you and support you through every step.

How Long Do Negative Items Stay on My Credit Report?

According to the Government of Canada, negative information can stay on your credit report for approx. six years – although, it's highly important to note that some info ends up staying on your report for a much shorter amount of time. In order to get more familiar with some common negative items Canadians experience, please read through the following list below to see how long certain items can stay on your credit report.

Credit Accounts

If you happen to miss an installment out of your...

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