Your Credit Score Doesn't Tell Your Whole Story.
Life happens. Your credit history shouldn't be the only thing that defines your purchasing options. With Katapult lease-to-own, you can explore a flexible way to get the technology you need today and work toward ownership over time.
Shop iPhones, iPads, MacBooks, and other eligible electronics at The Device Depot.
Shop Electronics How It WorksNo established credit history required to apply. Subject to approval and eligibility. Katapult is a lease-to-own program, not a loan.
Own It Sooner with Katapult's 90-Day Purchase Option
Why pay the full cost of a long-term lease if you can purchase your device sooner? Katapult offers an early purchase option during the first 90 days that generally provides the greatest savings compared with completing the full lease term.
Why Consider the 90-Day Option?
Save on lease-to-own costs. Exercising the 90-day purchase option can significantly reduce your total cost compared with making all payments through the full lease term.
Become the owner sooner. Once you satisfy the applicable early purchase amount and terms, the leased merchandise becomes yours.
Keep your options open. If you cannot exercise the 90-day option, you may continue your lease or explore another available early purchase option under your agreement.
Important: The 90-day early purchase option is not automatically the same as cash. The amount varies by state and agreement. The path to ownership costs more than the merchant's cash price, except where state-specific terms provide otherwise. You must exercise the early purchase option according to your agreement.
How Katapult Works
Getting started is simple when shopping at The Device Depot.
Find Your Next Device
Browse eligible iPhones, iPads, MacBooks, and other electronics. Add your favorite products to your shopping cart.
Choose Katapult at Checkout
Proceed to checkout and select Katapult when available among your payment options. Complete the short application to receive an eligibility decision.
Review, Lease & Own
If approved, review your initial payment, recurring payments, total lease cost, and ownership options before accepting. Explore the 90-day early purchase option to potentially save.
More Options. Less Judgment.
We understand that a credit score doesn't always reflect someone's current financial situation. Whether you're rebuilding your credit history or simply looking for an alternative to traditional financing, Katapult offers another way to access eligible technology.
No Established Credit History Required
Customers with limited, poor, or no established credit history are welcome to apply. Approval is not guaranteed.
No Late Fees
Katapult does not charge late fees. However, you remain responsible for payments and obligations under your agreement.
Early Ownership Options
You can explore purchasing your leased merchandise before the full lease term ends, potentially reducing your total lease-to-own cost.
Understand Your Total Cost
Katapult is a lease-to-own service, not a credit card, loan, or traditional financing agreement.
Before accepting a lease, review the merchandise cash price, initial payment, recurring payment amounts, total cost over the full lease term, and available early purchase options.
Our recommendation: If you intend to own your device and can comfortably afford the early purchase amount, compare the 90-day purchase option with the full lease term before making your decision.
The total cost of lease-to-own ownership generally exceeds the merchant's cash price. Terms and costs vary by agreement and state.
Frequently Asked Questions
What is Katapult?
Katapult is a lease-to-own provider that allows approved customers to lease eligible merchandise and make recurring payments, with options to acquire ownership.
Is Katapult a loan or credit card?
No. Katapult provides lease-purchase agreements. It is not a loan, credit card, or traditional financing product.
Can I apply with bad credit?
Yes. Katapult welcomes applications from customers with poor, limited, or no established credit history. Katapult evaluates application information and approval is not guaranteed.
Will applying affect my credit score?
Katapult states that checking eligibility does not affect your FICO credit score. Katapult may obtain information from consumer reporting agencies during its application process.
What is the 90-day early purchase option?
It allows eligible customers to purchase their leased merchandise during the first 90 days for the amount determined by their agreement and applicable state rules. This generally provides greater savings than completing the full lease term.
Is 90 days the same as cash?
Not generally. The early purchase amount depends on your agreement and state. Additional lease-to-own costs may apply. Review your exact early purchase amount before accepting the lease.
Do scheduled payments automatically complete the 90-day purchase?
Not necessarily. You must exercise the early purchase option and satisfy the required amount. Check your Katapult account or contact Katapult to confirm the amount and instructions.
Can I purchase my device after 90 days?
Yes. Katapult offers early purchase options after the initial 90-day period. The amount changes over time and depends on your agreement.
Does Katapult charge late fees?
Katapult states that it does not charge late fees. Customers must still satisfy their lease obligations.
Where do I apply at The Device Depot?
Shop eligible products and proceed to checkout. When Katapult appears as an available payment option, select it and follow the application steps.
What if I no longer want to lease my device?
Katapult offers merchandise return options. Contact Katapult to coordinate a return and understand any remaining obligations under your agreement. Do not assume returning merchandise automatically cancels past-due amounts.
Is Katapult available in every state?
No. Katapult currently does not offer its lease-to-own service in Minnesota, New Jersey, Wisconsin, or Wyoming. Additional eligibility and merchandise restrictions apply.
Important Information: This is an advertisement for Katapult's lease-purchase or lease-to-own service. Katapult is not a loan or credit card. No established credit history is required to apply, but Katapult may obtain information from consumer reporting agencies. Not all applicants are approved. The path to ownership costs more than the merchant's cash price, subject to applicable state-specific terms. The 90-day early purchase option is subject to your lease agreement and state-specific conditions. Merchandise eligibility restrictions apply. Katapult is unavailable in MN, NJ, WI, and WY. Review your complete agreement before accepting.
For additional information and account assistance, visit Katapult.com or call 1-833-528-2785.