EZ Payment Plan with Deferred Interest

Introduction EZ Payment Plan with Deferred Interest

Denefits EZ Payment Plan with Deferred Interest is a dynamic payment solution offering customers an initial interest-free period, followed by standard interest rates. This plan not only includes a standard recurring payment structure but also allows for multiple payments within the deferred duration, enhancing flexibility for customers.


This plan features deferred interest for up to 12 months, making it an attractive option for your customers to avoid interest. It’s a win-win situation: your customers enjoy flexible payment terms, and you enjoy enhanced business opportunities with added security.


Features of the EZ Payment Plan with Deferred Interest

Minimal Fee for Businesses

This plan involves a small fee for businesses, making it a cost-effective solution for offering customer financing.

Protected Payments

If a payment is missed, Denefits covers up to 80% of the debt, thus protecting business revenue.

Deferred Interest Period

Customers enjoy an interest-free period as per the current offer of the month. This allows them to pay off their balances without incurring immediate interest charges.

No Reserve Payment Requirement

The first recurring payment is not held as a reserve, so providers start receiving payments sooner.

Flexible Payment Options

Customers can make any number of additional payments within the deferred duration, aside from the scheduled recurring payment.

Post-Deferred Interest Charges

After the deferred interest period, standard EZ interest rates apply. If there is any remaining balance, it is converted into monthly installments under standard terms.



For Businesses

  • Attracts customers with the appeal of an initial interest-free period.
  • Enhances payment flexibility, allowing multiple payments during deferred duration to reduce the principal faster.
  • Increases the affordability of products or services, potentially leading to higher sales.

For Customers

  • Flexibility to pay off the balance within the deferred period to avoid interest.
  • If the balance is not paid in full by the end of the deferred period, interest is converted into monthly installments under EZ standard terms.
  • Clarity on financial obligations post-deferred period.

Implementing the EZ Payment Plan with Deferred Interest

Assess Suitability: Evaluate if this payment plan aligns with your business offerings and customer needs.

Educate Your Team: Train your staff on the nuances of this plan, ensuring they can effectively communicate its benefits and terms to customers.

Promotional Strategy: Utilize marketing materials and digital platforms to promote this payment option to your customer base.

Manage Customer Contracts: Leverage the Denefits platform for administering customer contracts and monitoring payments and balances.

Provide Robust Customer Support: Offer clear guidance and support to customers opting for this plan, ensuring they understand the terms, especially the transition from the deferred interest period to the standard rate period.


The EZ Payment Plan with Deferred Interest is a versatile option that caters to both businesses and customers. For customers, the ability to make multiple payments during deferred duration on top of their recurring payments enhances their ability to manage finances effectively.

For businesses, it presents an opportunity to boost sales and customer loyalty by offering a financially flexible solution.