How to Establish Credit for the First Time

Our weekly #CreditChat started in 2012 to help our community learn about credit and important personal finance topics (e.g. saving money, paying down debt, improving credit scores). Each chat is hosted by @Experian on Twitter and all are welcome to participate. DM us any questions.

This week we’ll share everything you should know about establishing credit for the first time.

Topic: How to Establish Credit for the First Time

When: Wednesday, January 26, 2022 at 3 p.m. ET.

Where: Join the live hashtag discussion.

The panel will include Patrina Dixon: Personal Finance Expert and Author, It’$ My Money; Michelle Lambright Black: Credit Expert and Founder of; Jeanne Kelly: Credit expert, identity theft expert, speaker and founder of; Kembala Evans: Personal Finance Expert, speaker and author; Leslie H. Tayne, Esq: Founder and Managing Director of Tayne Law Group, P.C. (f/k/a The Law Offices of Leslie H. Tayne, P.C.); Beverly HarzogCredit Card Expert and Consumer Finance Analyst for U.S. News; Lawrence D. Sprung: CFP® President of Mitlin Financial, Inc.; Rod Griffin: Senior Director, Consumer Education and Advocacy, Experian and Christina Roman: Consumer Education and Advocacy Manager at Experian.

Gift Card Giveaway

Enter here for a chance to win a $50 Amazon gift card! We will be announcing a winner at the end of the chat. Entry Period: Raffle open now and closes at the end of this chat at 4 p.m. ET. Complete rules here.

Questions We’ll Discuss:

  1. What does it mean to be credit invisible?
  2. Why is it important to establish credit?
  3. How can we help those who are credit invisible feel comfortable engaging with credit and financial services for the first time? 
  4. What age should you begin establishing credit? 
  5. How can you begin to establish credit?
  6. What barriers may you encounter when trying to establish credit?
  7. What research should you do before applying for credit? 
  8. What are steps to manage credit and improve your scores as soon as possible once you have established credit?
  9. What are some pitfalls to avoid when establishing credit?
  10. Any final tips for establishing credit for the first time?

Check out our complete list of upcoming personal finance Twitter chats here.

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