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Katapult Reviews

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Overall Rating

4.0
3 Reviews
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About Katapult

Katapult.com is a platform that offers lease-to-own plans for shoppers. It's designed to provide a new shopping power to customers, and there's no credit required. The experience is kept simple and transparent, making it easy for customers to go from "maybe" to "all mine."

Customers can apply at a retail partner in store and take home their item immediately, or apply online and get quick delivery. Lease payments are made directly to Katapult. The platform also offers a free Katapult app for a more convenient shopping experience.

Katapult provides flexible payment schedules that fit the needs of the customers. They can purchase their leased items within 90 days to save the most. After 90 days, they can keep paying monthly or purchase leased items. They also have the option to purchase their leased items at the end of their lease term. If they change their mind, they can return items anytime without obligation.

The platform has received positive reviews from customers, with a rating of 4.4 stars out of 5 on Trustpilot. It's also partnered with various retailers, including Lowe's, and offers a lease to own plan that works for the customers.

Katapult revolves around the customer, offering a plan to pay over time and purchase anytime. The application process is simple, and customers can get an approval decision super fast. There are no late fees, and the platform works with over 200+ retailers.

Please note that the path to ownership will cost more than the merchant’s cash price. Certain items are available at participating locations. Not available in MN, NJ, WI, WY. Retail partner discounts are only valid for a limited time period and are not controlled by Katapult. Katapult may get a commission.

This is a brief overview of Katapult.com. For more detailed information, it's recommended to visit their official website.

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Katapult Customer Reviews (3)

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Eysteinn Arngrímsson
Eysteinn Arngrímsson
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Jul 14, 2024
Joyce Miller
Joyce Miller
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Jul 12, 2024
Emma Bach
Emma Bach
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Jul 12, 2024

Katapult Customer’s Q&A

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Katapult Features and Benefits

Key Features and Benefits of Katapult.com:

  • Lease-to-Own Options: Katapult offers lease-to-own options with no credit needed. This allows customers to select items from over 200 partner stores and make purchases over time.
  • Flexible Payment Plans: Customers can choose a payment plan that suits their budget. They can purchase leased items within 90 days to save the most. After 90 days, they can keep paying monthly or purchase leased items.
  • No Credit Check: Katapult financing is available to a wide range of consumers, even those with poor credit or no credit history.
  • Wide Range of Products: Offering items such as electronics, furniture, and appliances.
  • Customer Support: Katapult provides easy access to their support team for any customer inquiries.
  • Transparency: The service is totally transparent with no hidden fees.
  • Quick Approval: Customers can get an approval decision super fast.

Katapult Pricing

Katapult.com offers a lease-to-own service, which means the pricing is dependent on the product and the lease plan chosen. They have a price calculator on their website that allows potential customers to estimate their lease payments before applying. This tool can provide a clear understanding of the potential costs associated with a lease plan. It's important to note that each payment includes tax, so the actual cost may be higher than the listed price. Also, if the loan is not paid off within 90 days, customers may end up paying a significant amount for their purchase.

Payment Method

Katapult.com accepts various payment methods. The initial payment is collected at checkout. Customers can process the payment in-store via the retailer portal. If products are offered online, customers make their payment directly to Katapult during the checkout experience.

Recurring lease-to-own payments are charged to the customer's credit or debit card on file. Customers can also make lease-to-own payments by logging into their Katapult account.

In addition, Katapult offers a one-time use virtual card, Katapult Pay™, for shopping at online stores in the US. Each time a one-time use card is generated with Katapult, a unique card number is received to use at the store’s checkout.

This is a brief overview of the payment methods at Katapult.com. For more detailed information, it's recommended to visit their official website.

Katapult FAQs

FAQ

Katapult Alternatives

Here are the top 10 alternatives to Katapult.com:

  1. The Free Website Guys: A service that builds professional, mobile-friendly Wordpress websites for people at no cost.
  2. webdew: A team of creative minds skilled in Video Marketing services.
  3. SmartSites: A full-service digital agency offering website design and development, SEO, and PPC.
  4. WebFX: A full-service digital marketing agency.
  5. SmartBug Media: A full-service digital agency for organizations looking to create resilient growth across the entire customer lifecycle.
  6. DSS: An inbound marketing software with CMS/CRM capabilities.
  7. Content Beta: A service that helps businesses grow with high-quality, scalable, content.
  8. Instrumental Group: A service that helps businesses grow with high-quality, scalable, content.
  9. Affirm: A buy-now-pay-later app that serves as a viable alternative to traditional plastic for consumers.
  10. Klarna: A buy-now-pay-later app that allows consumers to divide up the cost of items into four payments.

These alternatives offer various services and may not all provide the exact same lease-to-own plans as Katapult. It's recommended to visit their official websites for more detailed information.

FAQ

How To Open A Katapult Account?

To open an account on Katapult.com, follow these steps:

  1. Visit the official website of Katapult.
  2. Click on the 'Apply' button.
  3. Fill out the application form with the required details.
  4. Submit the application.
  5. An approval decision is provided in a few seconds.
  6. Once approved, customers can shop at any of Katapult's retail partners, either in-store or online.
  7. Lease payments are made directly to Katapult.

Customers can also download the free Katapult app for a more convenient shopping experience. The app allows customers to apply, shop, and checkout all in one place.

Remember, using Katapult does not require credit. It offers lease-to-own payment options and works with over 200+ retailers. However, the path to ownership will cost more than the merchant’s cash price. Certain items are available at participating locations. Not available in MN, NJ, WI, WY. Retail partner discounts are only valid for a limited time period and are not controlled by Katapult. Katapult may get a commission.

This is a brief overview of how to open an account on Katapult.com. For more detailed information, it's recommended to visit their official website.

FAQ

Katapult Return Policy?

The return policy at Katapult.com mirrors the return and exchange policies of the retail partners. Customers can utilize these policies within the stated guidelines. If the policy window of 30 days (or more where applicable) has passed, customers may contact Katapult and return the product(s), fair wear and tear accepted, releasing them from future payments.

Customers have the right to return their product within 30 days of receipt of their product or such other deadline as stated in the return policy and receive a refund of applicable money paid with the exclusion of the initial $45 payment unless refunding the initial payment is required by applicable law.

In the case of a valid return, all funds paid by Katapult to the retail partner must be returned to Katapult within 72 hours. However, if the merchandise is returned to Katapult, any payments made during the lease term will not be refunded.

For assistance, customers can contact Katapult’s Customer Service via LiveChat or email at returns@katapult.com. This is a brief overview of the return policy at Katapult.com. For more detailed information, it's recommended to visit their official website.

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