Building credit takes time, consistency, and a few healthy habits. The good news? Perpay helps make it easier. Whether you’re enrolled in Perpay+, using the Perpay Credit Card, or both, every step you take with Perpay can positively impact your credit over time.
1. Keep a Long Account History
The length of your credit history plays a key role in your credit score — and you can start building yours right away with Perpay.
When you enroll in Perpay+ or open a Perpay Credit Card, you establish new credit accounts that are reported to the major credit bureaus. From day one of enrolling in our products, your “credit clock” starts ticking.
The longer you stay active and make consistent payments, the stronger this part of your credit profile becomes. Longevity matters — and Perpay helps you build it naturally through continued use.
2. Use Credit Responsibly (a.k.a. Credit Utilization)
Credit utilization measures how much of your available credit you’re using. Keeping this number low shows lenders you can manage credit wisely.
With Perpay+, your Marketplace Spending Limit is reported as a line of credit. If you don’t place an order, your utilization stays at 0% — and that’s perfectly fine. When you do shop, your utilization increases, but making steady, on-time payments through direct deposit helps you maintain a healthy balance. The repayment history that is reported from the marketplace adds to the positive impact of just having the line present on your credit report.
The Perpay Credit Card works similarly — using a portion of your limit and keeping balances below 30% is a sign of responsible credit use. Over time, this responsible behavior strengthens your credit score.
3. Always Pay On Time
Your payment history is the single most important factor in your credit score. That’s where Perpay makes things simple.
With direct deposit payments, your payments happen automatically with each paycheck — no manual transfers or due dates to remember. This helps ensure you never miss a payment, making it easy to build a strong record of on-time payments.
Each of these positive payments is reported to the credit bureaus, steadily improving your credit profile.
4. Watch Your Credit Limits Grow
As you continue to use Perpay responsibly, your credit limits can increase over time.
A higher Marketplace Spending Limit or Credit Card limit not only gives you more purchasing power but also signals to credit bureaus that you’re managing credit well. Higher limits paired with low balances can further improve your credit utilization — one of the key drivers of a strong credit score.
Simply put, responsible habits today can unlock even greater credit opportunities tomorrow.
5. Mix It Up
Having different types of credit in your profile can also strengthen your score.
Using both Perpay+ and the Perpay Credit Card gives you a balanced mix:
Perpay+ is reported as an installment-style account (based on your Marketplace payments).
The Perpay Credit Card is reported as a revolving account (based on your ongoing card usage).
This variety shows lenders you can manage multiple forms of credit responsibly — another important factor in your credit health.
The Bottom Line
Building credit doesn’t have to be complicated. With Perpay, it happens naturally through everyday financial habits.
Automatic direct deposit payments, growing credit limits, and two types of credit accounts all work together to help you strengthen your credit over time — no hard work required.
With Perpay, your positive payment behavior today helps build a stronger financial future tomorrow.