What is a tradeline?
A Tradeline is a record of credit activity that is reported to a credit bureau. If you have a car loan, that’s a tradeline. Each loan or credit line you establish is another tradeline. A credit card is a tradeline. To generate a credit score you need to have established tradelines on your credit record. A tradeline with all payments made on time will help your credit. A credit card tradeline with low credit utilization will help your credit.
