Managing finances can be a hassle, especially when it comes to paying bills. But what if we told you that there’s a way to pay your bills without stressing over it?
Deferit is an Australian app that allows you to pay your bills without having to pay upfront, which is a big relief for those who may not have the funds on hand. In this comprehensive article, we’ll take a closer look at Deferit, what bills you can pay with it, and how to use it.
What is Deferit?
Deferit is a bill management app that allows you to pay your bills in installments instead of upfront. The way it works is pretty straightforward – you take a photo of your bill, upload it to the app, and Deferit pays it on your behalf. You’ll then have up to 4 months to repay Deferit in installments, so you can manage your cash flow more effectively.
One of the best things about Deferit is that there are no hidden fees or interest charges. You’ll only pay a monthly subscription fee that starts at just $5 ($2.50 for students), which is significantly less than what you’ll pay in late fees and interest charges from other lenders.
What Bills Can I Pay with Deferit?
Deferit supports a range of bill types, so you can pay all of your bills in one place. Here are some of the bills you can pay with Deferit:
1. Utilities – gas, electricity, water, and internet bills
2. Health – private health insurance premiums
3. Transport – tolls, rego, and CTP insurance
4. Education – university fees and HECS debt
5. Government – fines, taxes, and parking tickets
While Deferit can pay a wide variety of bills, there are some bills that you can’t pay with the app. These include mortgage payments, rent, and credit card bills. However, Deferit is constantly working to expand its bill payment options, so it’s worth checking the app to see if your bill is now supported.
How to Use Deferit
Using Deferit is a straightforward process. Here’s a step-by-step guide to creating an account and using the app:
Step 1: Download the Deferit app
Deferit is available to download on both iOS and Android devices. Once you’ve downloaded the app, open it up and follow the on-screen instructions to create an account.
Step 2: Take a photo of your bill
To pay your bill with Deferit, you’ll need to take a photo of it using the app. The app uses OCR (optical character recognition) to read the details of your bill, so make sure your photo is clear and in focus.
Step 3: Enter your bill details
After you’ve taken a photo of your bill, the app will ask you to enter some additional details, such as the due date and the amount owing.
Step 4: Submit your bill
Once you’ve entered your bill details, click submit to send your bill to Deferit for payment. You’ll receive a notification once your bill has been paid on your behalf.
Step 5: Repay Deferit
After Deferit has paid your bill, you’ll have up to 4 months to repay them in installments. You can set up automatic payments from your bank account or credit card, or make manual payments through the app.
Conclusion:
Deferit is a great option for those who want to manage their finances more effectively. By paying your bills in installments, you can avoid late fees and manage your cash flow more effectively.
While Deferit can’t pay all bill types, it supports a wide variety of bills and is constantly working to expand its payment options. So if you’re tired of stressing over bills, give Deferit a try and see how it can help you manage your finances more effectively.
