PerPay Review
Shop now, pay from your paycheck. 0% interest in the Marketplace. Independent PerPay review: 3.7/5 for credit & loans.
By Michael Hewitt, Founder & Editor-in-Chief. Rates last checked September 29, 2026.
Our verdict
PerPay charges no interest, but marketplace prices can run 5% to 15% above retail to make up for it. Payments come straight out of your paycheck, which takes steady direct deposit from a W-2 or 1099 employer, and there's no credit check to start. That markup is why the grade isn't higher, so check the retail price before you buy.
Skip it if you can buy the same item cheaper at retail, or don't have steady direct deposit from an employer.
About PerPay
Shop now, pay from your paycheck. 0% interest in the Marketplace. PerPay is offered by PerPay, Inc. Our editorial rating is 3.7 out of 5.
Best for: Paycheck-based shopping and credit building.
Editorial grade: B (composite score 73/100).
Highlights
- 0% interest and no fees on Marketplace purchases
- Marketplace with 1,000+ brands including Apple, Samsung, Sony, Dyson, KitchenAid
- Spending limits up to $1,000 initially based on income and history
- PerPay+ Credit Builder ($5/mo) reports to Equifax, Experian, and TransUnion
What we like
- True 0% interest, so you never pay more than the sticker price
- No credit check to start shopping (income verification only)
- On-time payments build credit history with all 3 major bureaus (with PerPay+)
- Thousands of name-brand products in the marketplace
Where it falls short
- Marketplace prices can run 5–15% higher than retail to offset 0% financing
- Requires steady direct deposit from a W-2 or 1099 employer
- Perpay+ credit building costs $5/month
Fees, minimums, and rates
Monthly fee: $5/mo Perpay+ Credit Builder (optional). Minimum to open: $0. Rates and fees last checked on September 29, 2026.
How we reviewed it
This is a desk review: we have not opened an account with PerPay, Inc.. It is built from PerPay, Inc.'s published rates, fee schedule and terms and from the public complaint record, and compared with the other products in the Credit & Loans shortlist. The rubric is the same for every brand.
Similar products to compare
Read our full editorial methodology for how we review products.