Confused about tradelines? read this

🚫 Don’t Add Tradelines If You Have Negative Items on Your Credit Report 🚫

Adding tradelines isn’t a magic fix. They are most beneficial when your credit utilization is high or your credit history is relatively short.

💡 Most people add tradelines for 3 main reasons:

1️⃣ Get approved for higher-limit credit cards

2️⃣ Lower overall credit card utilization

3️⃣ Lengthen credit history

✅ This can help you get approved for a mortgage or car loan—but only under the right circumstances.

Here’s the real deal:

Scenario 1: Buying a Home. If you’re trying to buy a home but only have 1 year of credit history, a 5-year tradeline can help. Why? To get the best mortgage rates, lenders typically want at least 4 years of history. Adding a 5-year tradeline averages your credit age, so your 1-year history + 5-year tradeline = 4 years.

Scenario 2: Getting a $60,000 Auto LoanIf you’ve never had a credit card or loan of at least $20,000, odds are you’ll be denied for a $60,000 auto loan. Auto loans work on a tier system. Same thing for those $20,000+ credit cards. Here’s a smart approach: