Can I Pay Off My Proposal Early Do My Payments Show Up On My Credit Report

2011-01-20

You should talk with your trustee about whether or not you can pay extra and finish your Proposal early.  In many cases, you can, but it would depend on what the terms of your Proposal say. The fact that you have made a Proposal does show up on your credit report, and when you finish paying your Proposal, that shows up as well, but unfortunately, the details of your payment history won't appear there.  Trustees are not permitted to report that information on your credit report. Judy A. Scott - Trustee Meyers Norris Penny Limited Port Moody - Burnaby - Maple Ridge, BC 604.949.2113 [email protected]

Latest Blog Posts

2025-05-26

How to exercise caution when investing in digital currencies

Lindsay Burchill

Lifestyle Debt

While digital currencies offer many opportunities, they also carry risks. How can you mitigate those risks before diving into the digital currency market?

Read More

2025-05-14

How to stop harassing creditor telephone calls

Alana Orrell

If your phone rings with relentless calls from creditors, you’re not alone — and you’re not without options. Creditor harassment can take a serious toll on your well-being, but you have rights, and there are clear steps you can take to stop the calls and regain control. 

Read More

2025-05-07

How to be a responsible credit card user

Leah Drewcock

Credit cards are a popular and convenient form of credit that can be a very useful tool.

Read More

Consultation icon