A tradeline is a term used by credit bureaus to describe credit accounts listed on your credit report. For each account you have, there is a separate tradeline, which includes information about the creditor and the debt.
There are two types of tradelines: installment and revolving credit accounts.
- Revolving tradelines include credit cards and lines of credit.
- Installment tradelines include loans, such as mortgages, auto loans, student loans, and personal loans.