There are a number of items that get factored into your credit score such as: payment history, credit utilization, length of credit history, credit inquiries, and credit mix.

Perpay+ may be able to help build your credit profile! To access our credit building benefits, you may choose to activate Perpay+ from your dashboard or within checkout on your first Marketplace order.

Once you activate Perpay+ and and complete four months of on-time payments exceeding $200, we will report your Marketplace Spending Limit as a new credit line to the major credit bureaus - Experian®, Equifax®, and TransUnion®. From there, each automatic direct deposit payment you make on Marketplace orders with Perpay will be reported to the credit bureaus which may help you build positive payment history!

Perpay will start reporting to the major credit bureaus after you complete four months of on-time payments*. Total payments must exceed $200 to qualify.

*Please note that Marketplace orders must be completed with consistent, on-time payments in order to qualify for credit building. Some accounts may not qualify for credit building due to performance on the Perpay platform. Please direct any questions about this to our Customer Success Team.