Launched in 2014, Perpay is a financial platform in which you can buy products from certain brands and pay them on a monthly basis through scheduled payments with deductions from each paycheck. Perpay is a good alternative to payday loans. It could make sense for those who are struggling with debt and have fewer financial obligations. If you want to shop Perpay, check out our list of stores that accept Perpay above.
Is Perpay right for you? Read our comprehensive guide to Perpay here.
Buy Now, Pay Later and Build Your Credit with Perpay
What Is Perpay and How Does It Work?
Perpay is a financial platform that allows members to purchase products and repay over time through easy, scheduled payments. No interest, no fees, no credit checks. Once your application is approved, you’ll receive an email with instructions on how to make payments and receive your items!
How Many Payments Is Perpay?
Unlike some other payment services, you can pay for your purchase in eight installments instead of four.
Is Perpay Weekly or Monthly?
Perpay payments are made through payroll direct deposit & are received in accordance with your pay cycle (i.e. weekly, bi-weekly, monthly, etc.). Once your order is approved, you will receive full instructions on how to set up your payments.
By completing your profile along with the information you provide, Perpay can determine the spending limit that suits you. You can shop from premium brands and they will ship your order once they receive your first payroll direct deposit. Perpay offers zero fees or interest for purchases, however, the platform may levy fees of $35 for late payments.
Big Brands. Small Payments.