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Tag Archives: Glossary

What is a Trade Line?

What Does Trade Line mean? Every credit card, loan, line of credit, or lease you have ever had is recorded on a Trade Line of your credit bureau report. Each trade line has a repayment summary which calculates the number of times your payments were late (30, 60 and 90 days), the amount of the [...]

Quick Cash Advance – A Basic Definition

This is a basic little description and definition of what a cash advance is, and why you would get one, or need one. Credit cards are everywhere and they can definitely be a source of quick cash in the form of a cash advance. Cash advances can be obtained at ATMs or by using checks [...]