Don't Let Financial Frights Haunt Your Wallet This Halloween
The air is getting crisp, pumpkins are on every doorstep, and spooky season is in full swing. While haunted houses and scary movies are all part of the fun, let's be real: few things feel as stressful as a real-life financial fright.
That "check engine" light that just flicked on. The dread of the upcoming holiday shopping season. The feeling of being haunted by a low credit score that limits your options. For many, these financial frights are all too real.
But here’s the good news: you don't have to face them alone. We're skipping the tricks and focusing on the treats—real, simple ways to banish those money ghouls for good and take control of your financial freedom.
Fright #1: The Ghost of Credit Past
A low credit score can feel like a ghost that follows you everywhere, making it harder and more expensive to get the things you need. It’s frustrating, and it can feel like past challenges are holding you back when all you want is to make progress.
How to Banish It: The most important factors for building credit are making consistent, on-time payments, and keeping utilization between 10%-30% of your limit.¹
This is where a dedicated credit-building tool can be a game-changer. With Perpay+, our members get up to a $1,000 spending limit reported to all three major credit bureaus (TransUnion, Equifax, and Experian) for just $5/month. You can take your credit to the next level by using your spending limit to shop and pay over time on the Perpay Marketplace.*
It’s a simple, powerful way to build a positive payment history. Perpay+ members see an average credit score increase of 32 points within the first 3 months.**
Fright #2: The Unexpected Expense Jump-Scare
Life is full of jump-scares. The refrigerator stops cooling, the kids need new winter coats, or your washing machine just broke–these moments can haunt your wallet.
How to Banish It: The Perpay Marketplace lets you buy the things you need today, from top brands you trust. Use your spending limit to place an order in the Perpay Marketplace, and pay for it over time with smaller installment payments–all without hidden fees or interest.
You get what you need right away, turning a financial emergency into a more manageable plan.
Fright #3: The Vampire of Missed Payments
Tracking multiple due dates, remembering what to pay when, and worrying if your paycheck will cover it all... it's enough to drain the life out of you. Missing a payment by even a day can potentially hurt your credit and add on late fees.
How to Banish It: The magic of Perpay is in the automation. We help you set up automatic, stress-free payments that come directly from your paycheck.
In the Perpay Marketplace, you pick the payment schedule that works for you. Because the payment is made automatically, you never have to worry about missing a due date. It’s the simplest way to make consistent, on-time payments, which can help you build credit over time as a Perpay+ member.
Carve a Path to Financial Freedom
This spooky season, you deserve to focus on the fun, not the frights. Building a better financial life doesn't have to be scary. It can be a series of small, steady steps toward progress.
With Perpay, you can get what you need today while building a stronger financial future for tomorrow. Sign up today!
Frequently Asked Questions (FAQs)
How does Perpay help me build credit? We offer two great ways:
Perpay+: This membership reports a $1,000 spending limit to all three major credit bureaus for just $5/month.
Marketplace Purchases: Shop & pay over time for brands you love. If you’re opted-in to Perpay+, we’ll report your on-time payments to the credit bureaus–helping you build a positive history over time.
Are paycheck direct deposits safe? Absolutely. It's safe, secure, and you are always in control. You set up the direct deposit within your payroll provider to send your payments to Perpay. It's a voluntary system designed to make your life easier.
What can I buy on the Perpay Marketplace? You can shop thousands of products from top name brands! This includes electronics like TVs and laptops, furniture, home appliances, fashion, and so much more.
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*Access to the Perpay Marketplace is offered by Perpay, Inc., and is only available to eligible consumers residing in the United States. The Perpay Marketplace is subject to credit approval. Applying for a Perpay account will not affect your FICO® or Vantage® score. However, we may obtain information from Clarity which may affect your credit profile with this alternative credit bureau.
** The credit score (VantageScore 4.0) increase of 32 points is based on the average of approximately 80,000 Perpay+ customers with a baseline credit score of 550 or below during the first three months of reporting. The same group observed an average credit score increase of 55 points over a two-year period if they maintained on time payments both on and off Perpay’s platform. Credit score improvement is not guaranteed, and individual results may vary based on a number of factors. Perpay will report your transactions to Experian®, Equifax®, and TransUnion®. On-time payment history can have a positive impact on your credit score. Late payments may result in payment reporting to credit bureaus that may negatively impact your credit score. This product will not remove negative credit history from your credit report. Perpay+ is only available to eligible Marketplace account holders. Fees apply. See the Perpay Terms and Conditions for more details.