Financing

Yes, you can repay anytime for all or part of your loan. There is never a penalty for paying early. Please note, payments must be received by 5:00pm Eastern Time on your due date.

No. We use a soft inquiry to check your rate, which won’t affect your credit score. Checking out with Bread will not result in a hard inquiry at any of the three major credit reporting agencies.

Make financing payments online by ACH or debit card, or by mailing Bread a check. Your first payment won’t be due for at least 30 days after checkout. We'll send you an email with your due date, and we’ll send you payment reminder by email and text.

Safeguarding your personal information is very important to us. All Bread checkouts use HTTPS secure encryption when transmitting data.

Please visit the support center.

No, unfortunately not. We are only able to accept credit cards at the present time.

We are currently partner with Visa, Mastercard, Discover and Union Pay credit cards.

You can find all our terms and conditions here.

Yes.
Splitit helps consumers use their existing credit card to turn purchases into smaller, monthly payments.
The full amount of your purchase is authorized (held) on your credit card to guarantee future payments so you need to have at least that amount in available credit on your card.
The authorization amount reduces with each monthly payment you make until the balance is cleared and we renew these authorizations periodically. The previous authorization is removed as soon as we receive a new one.

Yes. Katapult offers customers additional approval amounts for being a great customer that can be used towards another lease purchase agreement.

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 choose, after your Katapult lease has been processed, by logging into the customer portal or contacting Katapult’s customer service team.

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 accepting a lease cost reduction payment. This feature is coming soon.

No. Katapult does not charge late fees.

Please connect LifeSpan Fitness to cancel your order before it has shipped. Katapult will cancel your lease agreement once we receive the retailer’s confirmation that the order has been canceled. If you reach out after your product has been shipped, you will be charged a shipping fee.

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 returns@katapult.com

No, a checking account is not required to apply for a Katapult lease. We may request it as additional information to process your application. You will not be charged to apply.

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 (be that 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:

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.

The lease-to-own program from Progressive Leasing lets you pay over time for the gear you want now. Progressive offers a simple lease program where you make payments over time. Once the payments are made in full, you own the gear. Lease-to-own program is provided by Prog Leasing, LLC.

You can complete the lease application online, typically in under five minutes. Once approved, please call a LifeSpan Fitness representative at (877) 898-1970 or visit select stores to make your lease purchase. The Progressive Leasing program is not currently available online or in MN, NJ, VT, WI & WY. Not all applicants are approved.

You must be 18 years or older (19 years or older in AL), and have a valid Social Security Number, routing and account numbers for an open and active checking account, and a credit or debit card (prepaid cards not accepted).

Applying for a lease with Progressive Leasing should not impact your FICO score; however, we do look at credit bureau reports, and this inquiry may appear on your credit report.

Approval amounts will vary. Progressive looks at several data points, including employment status and banking history. If it is determined that a Progressive Lease is a good fit, an approval and amount will be provided. The minimum lease amount must be at least $150.

There is no processing fee. Progressive charges an initial $79 payment when you sign the lease (payment varies in CA). This is your first payment and part of the total cost of the lease. If you are not approved, you will not be charged.