In the world of auto financing, the search for “auto tradelines” has become increasingly popular. Why? Well, it all comes down to one simple goal: qualifying for an auto loan.
You see, when individuals are looking to secure an auto loan, having a solid credit history is crucial. More specifically, there are auto enhanced credit scores. Lenders want to ensure that borrowers are trustworthy and capable of making timely payments.
As such, people believe supplementing their history with auto tradelines can improve their auto enhanced credit score so as to increase their chance of securing an auto loan. This is perfectly logical, but it suffers for one problem: it’s not possible to add auto tradelines to credit report.
However, you can add authorized user tradelines (credit cards) in order to boost your credit scores. Provided you don’t have negative information in previous auto tradeline history, the authorized user tradeline can help during an auto lender’s evaluation of your credit.
If someone is selling auto tradelines, they’re simply using a word that is attractive to you in order to take your money. As far as we know, there is no way to do this. What you might want to do instead is search for authorized user tradelines.