Retention period for credit information—general
The following table sets out the retention period for credit information: (a) that is information of a kind referred to in an item of the table; and (b) that is held by a credit reporting body. Retention period Item If the credit information is ... the retention period for the information is ... 1 consumer credit liability information the period of 2 years that starts on the day on which the consumer credit to which the information relates is terminated or otherwise ceases to be in force. 2 repayment history information the period of 2 years that starts on the day on which the monthly payment to which the information relates is due and payable. 2A financial hardship information the period of 1 year that starts on the day on which the monthly payment to which the information relates is due and payable. 3 information of a kind referred to in paragraph 6N(d) or (e) the period of 5 years that starts on the day on which the information request to which the information relates is made. 4 default information the period of 5 years that starts on the day on which the credit reporting body collects the information. 5 payment information the period of 5 years that starts on the day on which the credit reporting body collects the default information to which the payment information relates. 6 new arrangement information within the meaning of subsection 6S(1) the period of 2 years that starts on the day on which the credit reporting body collects the default information referred to in that subsection. 7 new arrangement information within the meaning of subsection 6S(2) the period of 2 years that starts on the day on which the credit reporting body collects the information about the opinion referred to in that subsection. 8 court proceedings information the period of 5 years that starts on the day on which the judgement to which the information relates is made or given. 9 information of a kind referred to in paragraph 6N(l) the period of 7 years that starts on the day on which the credit reporting body collects the information.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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