How long does a Consumer Proposal stay on a credit report? Shortly after (generally less than 30 days) you enter into a consumer proposal, it will start reporting on both Equifax and TransUnion credit reports.You will be making payments in a consumer proposal generally between 3 to 5 years depending on what agreement has been arranged with your creditors.How long the Consumer Proposal will stay on your credit report is answered in the graph below.In short, a Consumer Proposal will stay on your credit report for 3 years from the date you are discharged (made your last payment) regardless if you are looking at your Equifax or TransUnion report.he consumer proposal will still show up on the credit report longer but that doesn’t have to stop you from getting approved for the best interest rates, reduced fees, and fewer headaches the next time you apply for credit. The key is to rebuild your credit fast and properly or it may never improve.