Does Katapult Report to Credit Bureaus? Impact on Your Score Revealed

How Katapult Works: A Lease-to-Own Approach Katapult offers a lease-to-own program, a financing option that differs significantly from traditional loans. Instead of securing a loan based on creditworthiness, Katapult assesses applicants using alternative criteria. This means you might be approved even with a less-than-perfect credit history. The process involves selecting an item, agreeing to a lease agreement with monthly payments, and eventually owning the item outright after fulfilling the payment schedule....

March 4, 2025 · 3 min · 592 words · Ida Sims