Katapult Shop & Lease to Own

Katapult

About this app

Katapult is a lease-to-own option that helps you shop now and pay over time. No credit is required and easy, flexible payment options means that you don’t have to stress about making those important purchases. Shop great deals now with 100+ retailers and apply for a Katapult lease today.
How Katapult Works:
- Apply online or through our app
- Shop supported retailers directly through the app
- Make purchases online using Katapult during checkout
- Manage your leases and get help when you need it
- Get notified of upcoming payments
- Make payments within the Katapult app

Katapult allows you to lease-to-own the important items that you need now, without having to pay for them in full upfront.

With Katapult lease-to-own, you can take home up to $3,000 in must-have items such as furniture, electronics, home appliances, beds, mattresses, tires, and much more. Our lease-to-own option offers a fresh way to get the things you need. With Katapult, you have a lease purchase option that fits your life and there are no late fees … ever!

Step 1: Visit the Katapult marketplace and choose where you want to shop from your favorite online retailers*.

Step 2: Take advantage of $300 to $3,000 in shopping strength.

Get pre-approved to know how much you can spend, or just begin adding qualifying products to your cart. You may then apply (if you haven't already), and if approved sign your agreement, and make your first payment.

Step 3: Use Katapult to check out.

Select Katapult as the payment option in checkout. Start your lease-purchase application and once approved get the flexibility to pay over time, purchase early or even return your items. Katapult … a better way to pay.

Katapult cannot be used for every transaction, only specified items are eligible. The browser extension for Katapult cannot be used to make in-store transactions.

The path to ownership will cost more than the merchant’s cash price. Not available in MN, NJ, WI, WY. Depending on your state, the stated transaction is a rental-purchase deal (rent-to-own agreement, consumer rental-purchase agreement, or lease/lease-purchase agreement) with Katapult. It is not necessary to be an owner. You will not own the goods until you have paid in full the whole amount required to obtain ownership or you exercise your early purchase option. Payment amounts and rental terms may be found in your lease agreement.

The phrase "No Credit Option" indicates that this is not a credit, loan, or financing transaction. It does not indicate or suggest that no check into credit history or creditworthiness will be undertaken. We examine your application using numerous data points and routinely accept clients with less-than-perfect credit.

Ratings and reviews

The app works fine. The service itself is inconsistent. You can have over $1000 in credit, never have been late on a previous payment but still get declined for a purchase. Their customer service is horrible. The good side is that I've been able to make a few large purchases when I didn't have the money upfront.

I like to try to be fair with the reviews I give. Hopefully, I can do so here. Pros: No credit check. Fast payment for goods. Decent customer service. Cons: Extortion level interest. Think paying $2500 for $1200. Have to agree to it, though, so 🤷 Lease not loan. Have to hit that buyout while you can, or you'll pay over 2x more. Payments are every 2 weeks instead of 1x/month, which makes life hard. Only like 10% goes to principal. Overall, don't use if it can be avoided. It's no worth.

Continously crashing. I've been using this app for a while now, it hasn't done this until recently. I Uninstalled it then re-download it to see if that helped and it did not. If you could fix that bug it would be a really fine app. Simple to navigate. Simple to purchase and apply. Simple to pay. The having to keep pressing the back button to clear the " something went wrong " screen just to navigate or finish a payment is irritating.

What's new

Bug Fixes and Improvements