what is an example of a trade line 
a trade line is created for every credit line you own an example of a trade line is your car payment history when you begin repaying a car loan a trade line is created that summarizes your contact information your current payment status the date the line of credit was opened and the date the line was closed the trade line will also report current information such as the date of your last payment the current balance remaining and your monthly payment amount can trade lines hurt your credit yes trade lines communicate to lenders your prior creditworthiness and details how much debt you have what your current minimum monthly payments are and what your historical payment delinquencies are 