For individuals seeking a fast and efficient way to pay their bills during difficult times, BillFloat offers a number of affordable options with no hidden fees or fine print. BillFloat works closely with more than 2,500 service providers across the country, including auto financers, telephone and utility companies, cable and satellite TV providers, and self-storage facilities. By paying customers’ bills and giving them extra time to repay, the company helps customers avoid bank overdraft charges, biller late fees, and service termination. BillFloat also allows customers to avoid taking out risky short-term loans, which typically carry high interest rates and heavy fees.
BillFloat partners with lenders, who offer affordable rates based upon the customer’s state of residence. BillFloat clearly explains the total cost of its services, including any finance charges, late fees, and bill payment processing fees. The company typically schedules automatic bill repayment 30 days after the transaction, and customers receive reminders before repayment is due. In addition, customers always have the option to repay BillFloat early and save on total fees.
Throughout all aspects of its business, BillFloat dedicates itself to the security of clients’ personal information. The company encrypts all financial information with 128-bit Secure Socket Layer (SSL) technology, which is the same standard used by major banks. BillFloat has earned the VeriSign security seal and is further protected through independent monitoring and testing from McAfee, one of the most trusted names in cybersecurity.