Everything you need to know about Katapult personal loans.
Click "Apply Now" and complete our 3-minute online application. You'll need your basic personal information, income details, and the loan amount you need. No paperwork or branch visit required.
The application takes about 3 minutes. You'll receive a decision within 60 seconds. Once approved, funds are deposited within 24 hours after e-signing your agreement.
You'll need: valid government-issued ID, Social Security Number, employment and income information, and an active US bank account. No physical documents are required upfront.
Yes. Self-employed applicants can qualify. You may be asked to provide recent tax returns or bank statements to verify income. We evaluate self-employment income on a case-by-case basis.
We consider applicants with credit scores of 580 and above. We evaluate your full financial profile — not just your score — which means more people can qualify for competitive rates.
No. Checking your rate uses a soft credit inquiry with zero impact on your credit score. A hard inquiry only occurs when you formally accept and sign a loan offer.
Yes, we allow co-signers. Adding a creditworthy co-signer can help you qualify for a larger loan amount or a lower interest rate.
Our APR ranges from 6.99% to 35.99% depending on your creditworthiness, loan amount, and term. Your specific rate is shown before you accept any offer.
No hidden fees — ever. We charge an origination fee of 0%–5%, which is disclosed upfront. There are no application fees, annual fees, or prepayment penalties.
Yes! You can pay off your loan in full at any time with zero prepayment penalties. Early payoff saves you money on interest.
Payments are made via automatic bank transfer (ACH). You can manage autopay, make extra payments, or pay off your balance in full through your online dashboard or mobile app.