Shop with Katapult
What is Katapult?Katapult is the leader in the no credit required, lease to own space. Have bad credit? Don’t have a credit history? Not an issue. We offer a simple, straight-forward lease to own payment option to help you acquire the products you want and need from our top retailer and merchant partners. These include electronics, appliances, furniture, automotive, musical instruments, and more.
What are the advantages of a Katapult Lease purchase agreement vs. a loan (financing)?Loans generally offer lower recurring payments than lease-purchase agreements, while lease-purchase agreements offer the flexibility of continuing to lease, buy, or return the product. Also, there is no danger of penalty interest (be that compounding or deferred) or loan acceleration with Katapult.
Loan: You can borrow money to buy something and you pay it back over time, plus interest.
Katapult lease-purchase agreement: You make the appropriate lease-purchase agreement payments on or before the due date for the use of your products. With each payment you may choose one of three options:
1. You can continue using the products by making the lease renewal payment in advance of the payment due date.
2. You can buy the products at any time.
3. You can return the products to Katapult with no further obligation, except for any past due balances and any restocking fees that may apply.
How to use Katapult