Deferit offers two flexible ways to pay your bills: Pay in 4 and Bill Pay.
Both help you stay on top of bills — and both report on-time payments to credit bureaus to help build your credit.
Pay in 4
Pay in 4 lets you split a bill into four equal, interest-free installments.
How it works:
- You upload a bill and choose how much you want us to pay
- We pay the bill upfront on your chosen date
- You repay us in four biweekly installments
- Your first payment is charged on the day we pay the bill
This option is perfect if you want to manage your cash flow, reduce financial pressure, or avoid paying a large bill all at once.
Note: A refundable security deposit may be required to use Pay in 4. Eligibility checks apply.
Bill Pay
Bill Pay lets you pay your bill in full using your debit or credit card, and we handle the rest — even if the bill requires mailing a check.
How it works:
- You upload a bill and pay the full amount to Deferit using your card
- We pay the bill on your behalf
- That payment is reported to credit bureaus to help build your credit
This option is great if you’re ready to pay the full bill now but still want the benefits of automation and credit building.
Key differences
- Pay in 4 spreads your payments over time
- Bill Pay charges the full amount upfront
- Both options are interest-free
- Both report on-time payments to credit bureaus
- Only Pay in 4 may require a refundable security deposit
Bottom line
If you’d prefer smaller payments spread out over time, Pay in 4 may be the better fit.
If you’d rather pay your bill in full right away, choose Bill Pay.
You’ll see both options when uploading your bill — just pick the one that works best for your situation.