how long does a consumer proposal affect your credit
This document is then filed with the government and your credit record will be updated. The consumer proposal will stay on your record for three more years from the date your proposal is completed. So, that means that if you do a three year proposal, it will be on your record for six years in total.Your credit score is important, but it is not the only criteria lenders use to determine whether you are eligible to obtain credit.o, that means that if you do a three year proposal, it will be on your record for six years in total. Your credit score is important, but it is not the only criteria lenders use to determine whether you are eligible to obtain credit.