Financing Options That Grow With You

Loans

A high-limit option for those with better credit

With a Koalafi loan, you can split a big purchase into several low payments. You may even qualify for promotional interest offers that help you save.

  • Credit limits up to $10,000 (higher in certain categories)
  • Complete your purchase with $0 down
  • 0% interest periods may be available*
  • Eligible customers can pre-qualify for future loans

Leases

A great choice if you’re still building your credit

A Koalafi lease isn’t just a great way to manage a big expense — it also gives you the opportunity to build your credit. We buy the item and lease it to you, reporting your payments to the credit bureaus. After the last payment, the item is all yours! We’ll also consider you for future offers.

  • Leases up to $7,500 (higher in certain categories)
  • Helps establish and improve your credit
  • Early purchase options that save you money
  • Eligible customers can pre-qualify for future leases

How It Works

Koalafi looks beyond credit scores. With us, you’re just a few quick steps from getting what you need

1. Shop now, pay later

Apply in-store or online to break big purchases into smaller, manageable payments with Koalafi.

2. Get your tailored payment plan

Share a few pieces of information and we'll instantly deliver a decision on a payment plan, with clear and upfront terms.

3. Check out and make easy payments

With high approval amounts, you can get exactly what you need. You’ll make convenient regular payments, with options to pay off early and save!

Frequently asked questions

How do Koalafi’s early purchase options work?

We offer an initial early buyout option which allows you to finish paying off your lease during the first 90 to 120 days after your lease starts.

If you pay everything they owed during that time, you'll only need to pay:

  • The initial payment
  • The price of the item
  • Sales tax
  • A small initial early buy out fee (this depends on where you live and can be from $0 to $79)
  • Any outstanding costs or fees

We also offer our standard early buyout. This option takes your remaining balance minus any past due and fees and multiplies it by your early buy out percent listed in your lease agreement. This payoff amount appears in the customer portal and app and can change daily. It must be paid in one day to achieve early buyout.

What are the term options for Koalafi leases?

Approved customers may be able to choose from 12-, 18-, or 24-month lease terms. Regardless of the term, you’ll always have the option to pay off your lease early.
What are the requirements to apply for a lease with Koalafi?

To apply, you must:

  • Be 18 years or older
  • Have a monthly income of at least $1,000
  • Have a valid SSN or ITIN
  • Have lived at a U.S. address for the past 60 days or more
What is Koalafi’s maximum approval amount?

Qualified applicants can be approved for up to $7,500.
How long do I have to use my available approval?

If your account is active and your payments are current, you can use your available approval until your current lease is closed. If your account is closed though, your available approval is valid for 180 days.

*Offer applicable to loan products only. For qualifying customers only. You will not be charged interest if you pay your loan balance in full within 12 months. Must make all payments on time and be in good standing to remain eligible for the 12 month promotional period. Interest may be charged at an Annual Percentage Rate (APR) of 0% – 36% beginning on the purchase date. The APR may vary and is subject to increase after consummation. See agreement for details. Koalafi offers Lease-to-Own and Lending solutions. Loans issued by The Bank of Missouri, serviced by Koalafi.

†Offer applicable to lease product only. For qualifying customers only. Customers must make all payments on time to remain eligible for the 90-day promotional period. Customers will not own the leased merchandise or acquire ownership rights unless they make all scheduled payments or prepay in accordance with the lease. Lease holders in California have a minimum 92-day early purchase option. We do perform a credit check on the customer as a part of our application process.

^No Credit Needed” does not imply no credit check. Consult your lease for complete terms and conditions.High approval rates are based on Koalafi products only. The Bank of Missouri does not offer Lease-To-Own solutions.Taxes, fees, and other charges may apply. Details may vary from state to state.