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What is Deferit?

Deferit aims to enable individuals to gain mastery over their financial situations. This bill budgeting and payment service, utilized by over 550,000 users to enhance their cash flow, has successfully facilitated payments exceeding $400 million while helping clients avoid more than $39 million in late fees and penalties from billers.

Users can choose to pay upfront or divide their payments into four manageable installments. Every bill payment contributes positively to building credit history, and the service operates without interest charges or late fees, relying instead on a straightforward subscription model. With various payment options available, including ACH, Check, and Credit Card, all it takes is a simple photo of the bill to let Deferit handle the rest seamlessly!

Pricing

Price Starts At:
$14.99
Free Version:
Free Version available.

Integrations

Offers API?:
Yes, Deferit provides an API
No integrations listed.

Screenshots and Video

Company Facts

Company Name:
Deferit
Date Founded:
2018
Company Location:
United States
Company Website:
deferit.com
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Product Details

Deployment
SaaS
iPhone
iPad
Android
Training Options
Documentation Hub
Support
Standard Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Deferit Categories and Features

  • Reviewer Name: Nicole J.
    Position: Nurse
    Has used product for: 6-12 Months
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Saved my life

    Date: Oct 27 2023
    Summary

    My name is Nicole and my experience with Deferit has been amazing. If it wasn’t for this app, me and my kids wouldn’t be able to keep our utilities on every month. when I lost my job earlier this year I didn’t have a lot of money coming in and this app allowed me to keep my utilities on I don’t think this company will ever know what they’ve done for me. I recently became a widow, so everything is on me with three kids and I take care of mother with dementia and there’s been times where I received a disconnect notice to turn off my light and I use this app and I was able to save my lights from being turned off. I can also change the pay back date if funds are not available which for me is a life saver. I want you guys to know that what you created is awesome and I have referred many people to this app and you have helped them as well. Thank you.

    Positive

    Easy to use.
    No fee for changing payback date.
    Allows you have more then one account open at a time.

    Negative

    Monthly fee a little high.
    Can’t see your balance on the home page.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Pharmacy technician
    Has used product for: Less than 6 months
    Uses the product: Monthly
    Org Size (# of Employees): 5,000 - 9,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Deferit Pros & Cons

    Date: Oct 27 2023
    Summary

    Deferit is a great tool when you’re needing help but don’t have any. I’ve used it on my electricity bill and it has saved me from disconnection.

    Positive

    •Helps with bills
    •Decision made on whether a bill is able to be paid or not is made fairly quickly
    •Doesn’t take too much hassle to add required documents
    •Flexible payment dates if unable to pay

    Negative

    •More important bills don’t qualify (for me at least.. ie rent, car payment)
    •Balance hasn’t gone up anymore

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Secretary
    Has used product for: 6-12 Months
    Uses the product: Monthly
    Org Size (# of Employees): 5,000 - 9,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Life Saving

    Updated: Oct 27 2023
    Summary

    I love Deferit. I've used it several times and it really is godsend. Just upload your bill and make your initial payment and let them handle the rest!

    Positive

    Makes paying your bills easy. Deferit lets you split your bills in four payments so when you're running low on funds, you can still get your bills paid on time!

    Negative

    Wish they didn't have their monthly service fee but the price is worth it.

    Not all bills get paid right away. Some bills have to be mailed in so make sure if it's one of those bills, you're not at risk of getting disconnected.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: User
    Has used product for: 1-2 Years
    Uses the product: Monthly
    Org Size (# of Employees): 1,000 - 4,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Love it

    Date: Dec 07 2023
    Summary

    It has been an amazing experience and I like that it helps people be able to get their bills paid and you can pay back in small payments!

    Positive

    The site is easy to navigate, It is easy to make payments, you can pay back in affordable payments. It is easy to get in touch with customer service they get back to you very quickly.

    Negative

    I wouldn't change anything. I haven't had any problems with the site. The only thing I think could be a little better is the fees. I would like it better if you could pay monthly.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Psr
    Has used product for: 1-2 Years
    Uses the product: Monthly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Awesome company

    Date: Oct 28 2023
    Summary

    10 out of 10 over all great company and easy to use. Plus when you do pay on time the money goes up of what you can spend.

    Positive

    This company is amazing. Very easy to get the bills paid and the monthly charge is pretty cheap. I have not had one issue with Deferit. Very friendly associates when you need help. Very understanding if you have to push a payment back they give you pretty decent time range.

    Negative

    Never had an issue with this company very happy. Easy.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Retired
    Has used product for: 1-2 Years
    Uses the product: Yearly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Great App

    Date: Oct 27 2023
    Summary

    Overall experience is very positive. It’s nice to know they are there if ever I need help. I would like to see them add car payments and rent, that would really really help people I think.

    Positive

    They have literally saved my life during some difficult times. I have never had any issues with them. Highly recommend to anyone who may need a little help.

    Negative

    Customer service is a little slow in getting back to you. The 14.99 subscription fee is a little high for someone who may be struggling. Other than that no other issues.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Lpn
    Has used product for: 1-2 Years
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Very dependable

    Date: Oct 27 2023
    Summary

    Easy to use app, just upload my bill and it is taken care of in just a few hours. Have not had any issues yet.

    Positive

    Pays my bills quickly without problem, easy to use app. Flexible with payment schedules and able to reschedule.

    Negative

    I haven't had any problem with them and have used them quite a bit.

    Read More...
  • Reviewer Name: Cashaundra W.
    Position: Manager For Company
    Has used product for: Less than 6 months
    Uses the product: Monthly
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Review

    Date: Oct 27 2023
    Summary

    GREAT COMPANY, would think to lower subscription fee for some who are still trying to pay off items.

    Positive

    Deferit has been a great way to pay on my rent or other bills when I was in a bi weekly standing point. They sent a check to my leasing office and really helped out a bunch.

    Negative

    4 payment option isn’t available more often, would like to see that more.

    Read More...
  • Reviewer Name: Roni R.
    Position: Social Worker
    Has used product for: 6-12 Months
    Uses the product: Weekly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Deferit helps keeps your lights on

    Date: Oct 29 2023
    Summary

    I love Deferit. They have made my life so much easier! No hefty fees or unrealistic interest fees, no hassle, simply upload your bill & pay 1/4 of it now. They pay the entire amount and allow you more time to pay the rest!

    Positive

    Deferit is awesome! I don’t know how many times I stressed because one of my bills ended up being too high to pay in one check or I had to move things around to make sure I could afford groceries & cost of living. Deferit makes it easy! For less than 2 iced coffees a month, Deferit can help make your life easier without drowning you in hefty fees and more debt. Deferit makes it easy and simple to pay your bills in 4 payments (or less if you want you can pay earlier) so that you can keep your lights on AND food on the table.

    Negative

    There are no cons! It’s easy & affordable! It would be helpful to be able to use it for bills that don’t provide statements or online pay options though!

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Retired state worker
    Has used product for: Less than 6 months
    Uses the product: Yearly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Deferit subscription fees.

    Updated: Oct 14 2023
    Summary

    Finally, I received an email, apologizing for any inconvenience, and that they were gonna take care of matter what the date they still took out another fee. I would never use them again and I wouldn’t recommend them. They do pay your bill right away but it’s not worth the hassle that you got to go through to cancel them all and try to contact him what you can’t do and then that you your subscription fees they keep taking and maybe even taken from Car is that you never even given them. I have contacted my attorney asked me to contact him once more time. My lawyer said to have them correct the problem before he takes for the action

    Positive

    I really like how fast they paid my. The app was easy to set up uploading your bills. I thought it was a great actor I could use if I ever needed to pay something and I didn’t have the money I was really great. It was really great that they paid. my bill was in a couple hours.

    Negative

    Well let’s start with the subscription fee. I used them once paid off my bill and subscription fee for the first month. As of today I still be charged subscription fee when I close my account and you’re charging it to my credit card and I never gave them the information. Been trying to contact someone for months and fast as I make my credit card payment. My balance keeps going down because every month for the last five months they’ve been taking money think twice before you use them Deferit.

    Read More...
    Official Deferit Response
    Date: Oct 26 2023
    Hi There, We're genuinely sorry to hear about your recent Deferit experience, and we appreciate your candid feedback. We value input from our customers as it helps us enhance our service and overall customer experience. Here is how our subscription fee works: Similar to a Netflix or Amazon Prime subscription, we charge a monthly fee of $14.99 while your account is active with Deferit. Here is what you can unlock with your subscription: 1. Pay in 4: This feature allows you to split your bills into four equal installments, with no late fees or interest. 2. Credit Building: We now report all Pay in 4 and Pay in 1 payments to help boost your credit score. The longer you hold an account and the more positive payment history you have; generally, the better your credit score will be. 3. Bill Savings: Upload a bill you will like negotiated and our team of experts will negotiate on your behalf to secure the best possible savings possible. We'd love an opportunity to make things right and give your account another look to ensure everything is sorted and corrected. Please send us an email with "ATTENTION REVIEW" in the subject line. We look forward to assisting you and turning your experience around!
  • Reviewer Name: Chelse S.
    Position: Legal Assistant
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Deferit is the best Financial tool ever!!!!

    Updated: Oct 27 2023
    Summary

    I am truly fond of Deferit as they have significantly alleviated my stress. The past few months would have been incredibly challenging without the assistance of Deferit. The option to divide my expenses into four manageable payments is particularly advantageous for me, considering my monthly income. I have been a loyal user of their services for more than two years, and I can confidently award them a perfect rating of 5 stars. I highly recommend giving them a try, as you will undoubtedly be satisfied with the outcome.

    Positive

    Simplicity and convenience, financial flexibility, Interest-free payments is the BEST! There is no credit impact, unlike credit cards or loans, using Deferit does not usually require a credit check. Deferit provides transparency in terms of the payment due dates and amounts. You can see a clear breakdown of you bill, making it easier to plan your finances accordingly.

    Negative

    Limited bill types. Deferit may have limitations on the types of bills that can be split. It may not be available for all types of bills or expenses, which could limit its usefulness in certain situations.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Accounts Payable Clerk
    Has used product for: 1-2 Years
    Uses the product: Monthly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Great Product

    Date: Oct 27 2023
    Summary

    I have the best experience if i cant make a payment i am able to extend it. It is great and I haven't had any bad experiences with it.

    Positive

    This is the best thing i could use for bills when I'm low on cash. I can make a partial payment and then pay the rest when i get paid and still be able to live or get groceries for my kids.

    Negative

    I don't like that i can't pay my cable bill on it. It always say it would have to send a check.

    Read More...
  • Reviewer Name: Adrienne D.
    Position: Cook
    Has used product for: 2+ Years
    Uses the product: Monthly
    Org Size (# of Employees): 5,000 - 9,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    I love that there all my AT&T bill

    Date: Nov 12 2023
    Summary

    Give them a 5 star because Deferit is a company that works with you and they best I have seen. So I will tell everyone about Deferit.

    Positive

    Everything there for me with my bill and never leave them because my credit is going up because I pay my on time.

    Negative

    Everything because I got paid on time I love what they is working with me.

    Read More...
  • Reviewer Name: Latanya N.
    Position: Healthcare Worker
    Has used product for: 2+ Years
    Uses the product: Monthly
    Org Size (# of Employees): 20,000 or More
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Take The Stress Away

    Date: Oct 27 2023
    Summary

    My experience has been wonderful since the day i begin using Deferit i would highly recommend their service and continue to spread the word.

    Positive

    I love Deferit and how it allows you to pay what you owe back in a more stress free payment plan way. If you're having an issue with the payment date you can access the calendar to move back the date with no problem. I love the fact once you submit your bill its getting paid within 2 hours! This is definitely a hassle-free company that i would highly recommend

    Negative

    I don't have any Cons with Deferit just wish they were around sooner but its great i know about them now.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Csr
    Has used product for: Less than 6 months
    Uses the product: Monthly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Helpful

    Date: Oct 27 2023
    Summary

    My experience is easy and quick the overall experience is just a beee3 and thankful to have something like this available.

    Positive

    It is a very helpful place to wing your bills in a time of need it’s very easy to maneuver and doesn’t make you feel like you won’t receive help.

    Negative

    It is nothing I do not like expect for the tip offerings sometimes I feel bad not to be able to help others with tipping.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Collections Supervisor
    Has used product for: 1-2 Years
    Uses the product: Monthly
    Org Size (# of Employees): 1,000 - 4,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Quick help at low prices

    Date: Oct 27 2023
    Summary

    I would recommend this service to anyone that may struggle to pay a bill on time. There are times that I do not know what I would do without them.

    Positive

    This company is always there when I'm in a pinch. The process is quick and the payments are almost instant.

    Negative

    I don't have any cons at this time. They have always worked with me if I have an issue getting a payment in on time.

    Read More...
  • Reviewer Name: Kellie M.
    Position: LSP
    Has used product for: 2+ Years
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    This is the best

    Date: Oct 30 2023
    Summary

    This is one of the best things ever. I like how the balance increases every time you pay a certain amount off.

    Positive

    I love this service because it really helps me to be able to pay some of my larger bills without dropping the huge payments.

    Negative

    I don't have any cons about this. Even the "fees" aren't anything too terrible.

    Read More...
  • Reviewer Name: Raneisha H.
    Position: Liquor vendor
    Has used product for: Less than 6 months
    Uses the product: Monthly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Very helpful

    Date: Oct 27 2023
    Summary

    I’ve had nothing but good experiences while using this app. It has helped me out so much I’m so happy that I came across it.

    Positive

    I like that’s it’s very helpful to me and easy to use. I remember I had just lost my Job and wasn’t trying to spend the full amount and I was blessed with Deferit which helped me pay over time. Now I use it regularly to pay my phone bill and it works out much better.

    Negative

    Nothing bad one of the best and easiest apps to use.

    Read More...
  • Reviewer Name: DONNA C.
    Position: User
    Has used product for: 2+ Years
    Uses the product: Yearly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Deferit to the rescue.

    Date: Oct 27 2023
    Summary

    Our experience with deferit was great. Everyone was smooth sailing. Easy to understand , easy to use.
    takes a matter of minutes to complete.

    Positive

    Deferit saved our upcoming bill, our stress and even our sanity.
    Deferit was the only company that I could take care of us. I will always think of Deferit first to help save us.

    Negative

    There really wasn't anything that I would have called a con. I stand by Deferit.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Route Salesman
    Has used product for: 1-2 Years
    Uses the product: Monthly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    The Outcome

    Date: Oct 31 2023
    Summary

    My overall experience is great with Deferit. There are very few issues that I have found with them.

    Positive

    I like how I can pay my bill overtime, and boost my credit with Deferit. The monthly fee isn't to bad either.

    Negative

    Speaking to a representative can be time consuming.

    Read More...