No Credit History? You Can Create a Credit Report Without Taking on Debt -- Here's How

What is Experian Go and how does it work?

Experian Go allows Americans without credit to create an Experian credit report almost instantaneously.

Experian first rolled out this service in October 2021 to roughly 15,000 people.

Just remember, paying on time is key, otherwise your credit could dip.

“Our credit score is one of the most important numbers in our financial lives,” he explained.

It’s also financially low-risk, as Experian Go can’t hurt your credit score."

Experian Go only directly impacts your Experian credit report

Experian Go only creates an Experian credit report.

In addition, it will also only work with the new credit scoring algorithm, FICO Score 8.

All of these options can help you get established with all three credit bureaus.

That being said, he adds, “I feel good about the partners they currently have.

Softley says the entire process takes an average of four minutes.

Upon completion, you’ll have created your first credit report.

These traditional options will allow you to build your credit across all three credit bureaus.