How long do late payments stay on your credit report in Canada?

Short answer

In Canada, late payments are generally kept on your credit report for about 6 years from the date they happened. Their effect on your score usually fades over time, especially if later payments are on time.

When you can dispute a late payment

If you paid on time and have proof (a bank record or receipt), if the late mark is on the wrong month, or if the account isn't yours, you can dispute it. A late payment that is accurate usually can't be removed early through a dispute.

Asking the lender for goodwill

If the late payment was a one-off, some lenders will consider a written goodwill request to update it. They don't have to agree, but it costs nothing to ask.

Official guidance

• FCAC: how long information stays on your credit report
• FCAC: checking your credit report for errors and fraud

Prepare your dispute

• Document checklist
• Canadian dispute letter template
• Check whether an item may be disputed