Deferit has emerged as a popular bill-payment app, helping users better manage their finances and avoid late fees. However, it is not the only solution in the market. Here is a list of 12 apps like Deferit, each with their unique features that can aid you in managing your finances effectively. We’ll explore each app’s main features and how they compare or surpass Deferit in terms of functionality and convenience.

Deferit Alternatives: 12 Apps for Financial Freedom

1. Afterpay

Afterpay is a popular buy-now-pay-later app that allows users to split their purchases into four interest-free installments. It offers a convenient way to shop online and in-store without having to pay the full amount upfront.

Main Features:

• Interest-free installment payments
• Wide range of participating retailers
• Automatic payment scheduling
• In-app purchase tracking

Similar to Deferit, Afterpay helps users manage their finances by allowing them to make purchases and pay over time. However, Afterpay focuses on shopping rather than bill payments, providing users with access to a broader range of retailers.

2. Splitit

Splitit is a payment solution that enables users to divide their purchases into monthly interest-free installments using their existing credit card. It offers flexible payment plans and is accepted by numerous online and offline retailers.

Main Features:

• No credit check or application required
• Works with existing credit cards
• Flexible payment terms
• Wide acceptance among retailers

Like Deferit, Splitit allows users to manage their finances by spreading out payments. While Deferit is focused on bill payments, Splitit caters to both online and offline shopping, making it a versatile choice for users.

3. Klarna

Klarna is a payment app that offers multiple options for users, including interest-free installment plans, pay later, and instant financing. With a wide range of partnered retailers, Klarna provides users with a seamless shopping experience.

Main Features:

• Various payment options
• Interest-free installments
• Pay later option
• In-app shopping and payment tracking

Klarna shares similarities with Deferit in offering interest-free installments, but it goes beyond by providing additional payment options and an integrated shopping experience.

4. Sezzle

Sezzle is a buy-now-pay-later app that allows users to split their purchases into four interest-free payments over six weeks. It is accepted by thousands of online retailers, making shopping more accessible and budget-friendly.

Main Features:

• Interest-free installment payments
• Short-term payment plans
• Wide range of participating retailers
• No impact on credit score

Sezzle is similar to Deferit in offering interest-free installment plans, but it focuses on shopping rather than bill payments. The short-term payment plans make it an attractive option for users looking to pay off purchases quickly.

5. Zilch

Zilch is a buy-now-pay-later solution that allows users to split their purchases into four interest-free installments. It works with a virtual Mastercard, enabling users to shop at any online store that accepts Mastercard.

Main Features:

• Interest-free installment payments
• Virtual Mastercard for broad acceptance
• No credit check required
• In-app payment tracking

Zilch is similar to Deferit in offering installment payments but provides users with greater flexibility by working with a virtual Mastercard, which is widely accepted by online retailers.

6. Zip

Zip is a payment solution that offers both Zip Pay, a buy-now-pay-later option, and Zip Money, a line of credit for larger purchases. It allows users to make purchases and pay them off over time with flexible repayment options.

Main Features:

• Interest-free installments with Zip Pay
• Line of credit with Zip Money
• Wide acceptance among retailers
• In-app purchase tracking and management

Like Deferit, Zip helps users manage their finances by offering installment payments. However, Zip caters to both small and large purchases with its two distinct options, Zip Pay and Zip Money, providing users with more flexibility.

7. Affirm

Affirm is a financing solution that allows users to make purchases and pay them off over time with fixed monthly payments. It offers transparent pricing with no hidden fees and a user-friendly app for managing payments.

Main Features:

• Fixed monthly payments
• Transparent pricing with no hidden fees
• Prequalification without affecting credit score
• In-app payment management

Affirm offers a different approach compared to Deferit by providing fixed monthly payments instead of interest-free installments. This structure may be more suitable for users looking for consistent payment schedules.

8. Laybuy

Laybuy is a payment app that allows users to spread their purchases over six weekly, interest-free payments. It is accepted by a growing number of online and in-store retailers, making it a convenient option for managing shopping expenses.

Main Features:

• Interest-free installment payments
• Weekly payment schedule
• Wide range of participating retailers
• In-app payment management

Laybuy shares similarities with Deferit in offering interest-free installments but provides a weekly payment schedule, making it a more suitable option for users who prefer shorter payment terms.

9. Perpay

Perpay is a unique payment platform that allows users to make purchases and pay them off through automatic payroll deductions. It offers a convenient way to budget and manage spending without the need for credit checks or interest charges.

Main Features:

• Payroll deduction payments
• No credit checks or interest charges
• Wide range of available products
• In-app purchase tracking and management

While Perpay differs from Deferit in its payment method, it offers users a unique way to manage their finances through automatic payroll deductions, making it an attractive option for those with steady employment.

10. Brighte

Brighte is a financing platform focused on home improvements, allowing users to make purchases and pay them off over time with interest-free installments. It partners with various home improvement retailers and service providers to offer a seamless experience.

Main Features:

• Interest-free installment payments
• Focus on home improvements
• Wide range of partnered retailers and service providers
• In-app payment tracking and management

While Brighte is similar to Deferit in offering interest-free installments, it focuses on home improvement financing, making it an ideal choice for users looking to upgrade their homes.

11. LatitudePay

LatitudePay is a buy-now-pay-later app that allows users to split their purchases into 10 weekly, interest-free installments. It is accepted by a variety of online and in-store retailers, providing users with a convenient way to manage their shopping expenses.

Main Features:

• Interest-free installment payments
• 10 weekly payment installments
• Wide range of participating retailers
• In-app payment tracking and management

LatitudePay shares similarities with Deferit in offering interest-free installments but offers a longer payment schedule, making it a suitable option for users who prefer extended payment terms.

12. Willow Pays

Willow Pays is a financial service app that regulates users’ expenses on a monthly basis, offering upfront bill payments and dividing the remaining amount into four easy-to-cover installments. Similar to Deferit, Willow Pays charges a small flat service fee but no interest on late payments.

Main Features:

• Upfront bill payment
• Covers a wide range of bills
• No interest on late fees
• Flexible payment options

Willow Pays is similar to Deferit in offering upfront bill payments and flexible installments, but it may charge transaction fees for some users.

Conclusion

Each app on this list offers unique features that cater to different financial needs and preferences. While they all share similarities with Deferit, such as offering interest-free installment payments, they also provide distinct advantages, such as broader retail acceptance, different payment schedules, or specialized financing options.

By exploring these 12 Deferit alternatives, you can find the perfect app to help manage your finances and make purchases more accessible and budget-friendly. Choose the app that best aligns with your financial goals and shopping habits to gain greater control over your spending and enjoy a more convenient and stress-free financial experience.