Deferit helps you build credit by reporting on-time payments to the credit bureaus. Both Pay in 4 installments and Bill Pay transactions are reported when paid on time. A positive payment history is the single most important factor in improving your credit score.
- Bill Pay: Pay your bill in full with your card, and we pay your biller. On-time Bill Pay payments are reported to the bureaus.
- Pay in 4: Split your bill into four interest-free installments every two weeks. On-time Pay in 4 payments are reported as positive payment history.
💡 Tip: If you need more time, you can move a Pay in 4 due date directly in your account before it becomes overdue. Staying on top of payments ensures you build credit instead of hurting it.
Note: Payments may take up to 60 days to appear on your credit report.