Credit System
Tradeline
What it means
Industry term for any account on a credit report. Each credit card, loan, mortgage, or line of credit is a tradeline. Positive tradelines (open, aged accounts in good standing) are the building blocks of a strong credit file.
Covered in the free course
- Anatomy of a Credit Report: Section by SectionReading Your Credit Report
- Collections, Charge-offs and the Nuclear OptionsPayment History
- The Authorized User StrategyLength of Credit History
- Red Flags and Warning Signs to Watch ForReading Your Credit Report
- Collections and Charge-offs: Your Recovery RoadmapCommon Credit Problems
- Credit-Builder Loans ExplainedBuilding Credit from Scratch
- The Authorized User Fast TrackBuilding Credit from Scratch