What is lease to own?

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 any amounts that are past due.

With each payment, you have the option to continue leasing, buyout, or return your items.  During the first 90 Days, you can exercise the early purchase option for the cash price + 5% (if applicable) + your state taxes (if applicable). After the 90 days, you receive a discounted buyout amount after every payment and have the option to buyout at any point during the life of your lease.