If you cancel Rent Advantage, you may use your subscription until the end of your current subscription term. Then your tradeline will be reported as closed to Equifax Canada the following month. Once reported to Equifax Canada, this update should be reflected on your credit report within 4 weeks. This means if you’re still paying rent, you could be missing out on a great credit building opportunity!
Your rental payment history reported to Equifax Canada while Rent Advantage was active should remain on your report for up to 7 years from the date of last activity.