Deferit offers two ways to pay bills — Bill Pay and Pay in 4. Both are interest-free but work differently:
- Bill Pay
- Pay your bill in full with your debit or credit card.
- Deferit pays your biller on your behalf (even if they only accept checks).
- On-time payments are reported to credit bureaus, helping build credit.
- Pay in 4
- Split your bill into four equal, interest-free installments paid every two weeks.
- Deferit pays the bill upfront, and you pay us back over time.
- On-time Pay in 4 payments are also reported to the credit bureaus.
Summary: Use Bill Pay if you want to pay in full and build credit immediately, or Pay in 4 if you’d like to spread payments out while still building credit.