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Katapult has lease-purchase plans designed just for you – no credit required. Simple and transparent, it’s your path from “need” to “own.”
Lease for as low as $49 per week*
*Based on a $1,200 refrigerator. Lease it today for $94 when you make the initial payment of $45 plus your first $49 weekly payment**.
Offers may vary. See Katapult.com for more details.
Shop Appliances
Lease for as low as $33 per week*
*Based on a $800 mattress. Lease it today for $78 when you make the initial payment of $45 plus your first $33 weekly payment**.
Offers may vary. See Katapult.com for more details.
Shop Mattresses
Lease for as low as $17 per week*
*Based on a $400 television. Lease it today for $62 when you make the initial payment of $45 plus your first $17 weekly payment**.
Offers may vary. See Katapult.com for more details.
Shop Electronics
Lease for as low as $70 per week*
*Based on a $2,370 washer/dryer bundle. Lease it today for $115 when you make the initial payment of $45 plus your first $70 weekly payment**.
Offers may vary. See Katapult.com for more details.
Shop Laundry
WHY LEASE-TO-OWN?
Our same-day leasing options and flexible payment terms makes it easier than ever to shop the brands you love.
Purchase leased items within 90 days to save the most.
After 90 days, keep paying or purchase leased items.
Purchase leased items at the end of your lease term.
( And if you change your mind, return items anytime without obligation. )
Before pre-approval
You can apply at any of our partner stores online or in-store. If approved, you will be provided with an available Katapult lease-purchase agreement limit that can be used to lease-to-own a product.
After pre-approval
For qualified products, you may get a lease-purchase agreement in a few simple clicks.
Select the Katapult button on the checkout page
Enter a few pieces of information to verify your identity and payment information. Don’t worry, our application does not request checking account, employment verification, or personal references.
Receive an instant decision
Review and submit your order, and the retailer sends you the products!
We’ll send you a welcome email that gives you access to your account, customer service, and more.
In addition, you have several options to acquire ownership of the product. Katapult lease-to-own offers flexibility that may make it more attractive than financing. With each payment, you have the option to continue leasing, buyout, or return your items.
Yes.
We offer customers additional approval amounts for being a great customer that can be used towards another lease-purchase agreement.
Accommodations and/or material changes to a customer’s existing agreement may inhibit the opportunity to enroll in additional lease-purchase agreements.
In order to ensure compliance with applicable law in Indiana, including regarding regulations pertaining specifically to lease-to-own transactions involving automotive-related property, wheels , rims , and tires are the only automotive-related property that may be subject to a Katapult lease-purchase agreement for Indiana residents. All other products and categories under the automotive umbrella will be deemed as non-leasable goods.
At this time you are not able to use banking information to make the first payment. You do have the ability to update your recurring payment method to your checking account information if you so choose, after your Katapult lease has been processed, by logging into the customer portal or contacting our Customer Service team.
Katapult provides you with an available Katapult lease-to-own amount that can be used to obtain products once you are pre-approved. Your available Katapult limit can be viewed on the success page of your application, in emails that Katapult sends upon approval, and on your personal account page here . Pre-approvals are not guaranteed indefinitely and may change based on varying factors, such as your personal financial circumstances, where you shop, and how long ago you applied, among other factors. Katapult may change your pre-approval in our sole discretion, at any time, without notice to you. Review the Customer Portal for your most recent pre-approval information.
Yes. We charge and collect sales tax. Sales tax is added to all lease-to-own payments and buyouts.
Katapult does not offer a “down payment” on our leases, but we are working on a lease-cost-reduction payment option to help reduce ultimate lease-to-own cost. This feature is coming soon.
No, we offer you a lease-to-own program. Customers are entering into a lease-purchase agreement to lease products with an option to own, by exercising an early purchase option or making all lease-to-own payments scheduled in the lease-purchase agreement. The lease-purchase agreement is not a credit transaction. Lease-to-own payments do not include an interest rate or APR and these will not be used to calculate the lease amount.
We consider the following four factors when calculating the lease-to-own payment.
1. The cash price of the product
2. The state in which the customer resides
3. The maximum term a customer can lease the product
4. The state/city sales tax rate
No. Katapult will never charge you a late fee. Ever
Please contact the retailer to cancel your order before it has been delivered. We will cancel your lease-purchase agreement once we receive the retailer’s confirmation that the order has been canceled. If you want to cancel the lease-purchase agreement after the product has been delivered to your home, you will need to reach out to the Katapult Customer Service Team to coordinate the return by calling 833- KATAPULT (528-2785) or via email to [email protected] or by using the Live Chat feature
Your first lease-to-own payment is due at checkout. Then recurring lease-to-own payments are automatically charged to the card you provided at checkout. You can also make lease-to-own payments by logging into your Katapult account. You can access your lease-purchase agreement account information on our site by clicking here . Please contact customer service using Live Chat or call at 833- KATAPULT (528-2785) if you need to update your account or payment information.
You can easily update your method of payment through the customer portal.
1. Simply log into your account and select “Settings”.
2. Select “Change” under your current payment method.
3. Select your new method of payment and click “Change Payment Method”.
4. Enter your new account information and click “Continue”.
5. Review the information and click “Continue”, and your method of payment will be updated.
With Katapult, the power to save is in your hands. Katapult offers early payoff options to keep more money in your wallet. The sooner you payoff the more you save.
If life gets in the way and an early buyout is not an option for you right now, that’s okay, with Katapult you can continue to lease-to-own. You can also contact us to discuss a schedule that is more convenient for you.
Visit the “ How it works ” page under for more details.
We are currently only available in the United States. We offer our program to customers in 46 states and Washington DC. Our program is currently not available in Minnesota, New Jersey, Wisconsin, and Wyoming.
No, a checking account is not required to apply for a Katapult lease-purchase transaction. We may request it as additional information to process your application. You will not be charged to apply.
No credit? Bad credit? No problem. We understand that things come up in life. We work with customers that have no credit, bad credit, or a bankruptcy. “No credit required” does not mean nor does it imply that no inquiry will be made of credit history or creditworthiness. We may check past transactional history and report information about your lease-purchase agreement to credit reporting agencies, but no established credit history is necessary.
With Katapult’s lease-to-own program, you have discounted early purchase options available to you.
90-Day Early Purchase Option:
Pay off your lease in the first 90 days for just 5% over the cash price + your initial payment and applicable taxes.*
Continue to lease and pay off at any time:
With Katapult lease to own, you have the option to continue to lease your items and pay off at any time prior to full term at a discounted amount.
Access the most up-to-date account information related to your lease-purchase agreement on our site by clicking here .
Contact customer service using our Live Chat or call at 833- KATAPULT (528-2785) if you need to update your account or payment information.
* This option may vary by state. See your lease-purchase agreement for details in your state, including California. To exercise the 90-day early purchase option contact Katapult or visit the customer portal page by clicking here for the most up to date account information related to your lease-purchase agreement.
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 (whether 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.
Our auto-renewing lease-purchase agreements are 10 – 18 months depending on the lease amount and state in which the customer resides. With a Katapult lease-purchase agreement, you have three options:
1. Continue to make lease payments, and a portion of every payment goes toward reducing the buyout price.
2. Buy the products outright at any time during your lease-purchase agreement term.
3. Return your item(s) with no further obligation, except for any past due balances and any restocking fees that may apply.
For more information regarding the terms of your Katapult lease purchase agreement you can contact Katapult by calling 833- KATAPULT (528-2785) or by using Live Chat .
Customers have the right to return their product within 30 days of receipt of their product or such other deadline as stated in the retailer return policy and receive a refund of applicable money paid with the exclusion of the initial payment, unless refunding the initial payment is required by applicable law. The retailer return policy stays in effect for transactions made with Katapult.
If your return window of 30 days (or more where applicable) has passed, customers may contact Katapult and return the product(s) to Katapult, releasing them from future payments.
If returns are applicable by your retailer, or if assistance is needed, please contact Katapult’s customer service by calling 833- KATAPULT (528-2785) or via email [email protected] or using Live Chat .
Katapult’s self-service portal and custom-payment options allow you to make payments in any amount up to the amount necessary to purchase the property through the early purchase option or through payment of the total cost of the lease. The flexible payment features are designed for your convenience. If you elect to pay an amount that exceeds the current amount due for the next rental period, Katapult will apply any overage to your next payment period, draining this suspense amount. This will continue for future periods until any amount in your suspense account is exhausted. Pursuant to Katapult policy and procedure, any overpayment on your current lease-purchase agreement is 100% refundable.
We are the leader in the no-credit-required, lease-to-own space. Have bad credit? Don’t have 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,[JB1] musical instruments, and more. As Sears’ lease-to-own partner, Katapult is an independent service provider
Given the exception with Indiana, consider removing automotive from this description, as technically the relevant automotive leasable merchandise would fall under the "more" category.
We are glad you asked! Lease-to-own means that you make recurring payments for the use of the products you have selected. You have no long-term obligation to continue leasing, and can return the product to Katapult at any time with no further obligation other than for amounts past due.
In addition, you have several options to acquire ownership of the product you are leasing. A lease-purchase agreement through Katapult offers flexibility that may make it more attractive than financing. With each payment, you have the option to continue leasing, buyout, or return your items.
Lease-to-own gives you the power to purchase what you need when you need it.
Getting pre-approved for a Katapult lease-purchase agreement does NOT affect your credit score!
Katapult is available at top retailers in the United States that sell electronics, appliances, furniture, and musical instruments. Visit our store locator to find a store near you or online. If you don’t see your favorite retailer listed, reach out to them and tell them to call us so they can offer Katapult. Not available in MN, NJ, WI, or WY.
Anyone over 18 years old may apply and may be approved. Other requirements apply
Failure to make on-time payments will impact your ability to get a Katapult lease in the future.
Your first lease payment is due at checkout when shopping instore or online. Then recurring lease-to-own payments are automatically charged to the card you provided at checkout. You can also make lease-to-own payments by logging into your Katapult account. You can access your lease-purchase agreement account information on our site by clicking here . You can also download our mobile app to make payments. Please contact customer service using Live Chat or call at 833- KATAPULT (528-2785) if you need to update your account or payment information.
Everyone is a little forgetful, so we try to help. Before each payment is due, we’ll send you a text message and an email regarding the payment date and the amount of your next lease-to-own payment.
Please contact the retailer to cancel your order before it has been delivered. We will cancel your lease-purchase agreement once we receive the retailer’s confirmation that the order has been canceled. If you want to cancel the lease purchase agreement after the product has been delivered to your home, you will need to reach out to the Katapult Customer Service Team to coordinate the return by calling 833- KATAPULT (528-2785) or via email to [email protected] or by using the Live Chat feature.
With Katapult lease-to-own, you have the option to continue to pay off your lease-purchase agreement at any time prior to full term at a discounted amount. You can access the most up-to-date account information related to your lease-purchase agreement on our site by clicking here or by downloading our mobile app . Contact customer service using our Live Chat or call at 833- KATAPULT (528-2785) if you need to update your account or payment information. *To exercise the 90-day early purchase option, contact Katapult or visit the customer portal page by clicking here for the most up-to-date account information related to your lease-purchase agreement.
