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FAQ

  • Date updated 2025-04-25
  • By Katapult

FAQ

wondering why limit amount doesnt increase pay leases off?
The spending limit for your Katapult account is determined based on your preapproval status and credit evaluation. Even after paying off leases, the limit may not automatically increase because each preapproval is treated individually. To potentially receive a higher spending limit, you would need to wait until your current [...]

FAQ

  • Date updated 2025-04-25
  • By Katapult

FAQ

Payments & Dates (Submit this before Disclosure)
Based on your current lease agreement your payments would be reduced to the amount of $XX.XX. The payments will automatically be scheduled by the system. These scheduled payments will be aligned with the pay frequency (weekly, bi-weekly, monthly etc.) we currently have on your lease.

why won't it accept even though [...]

FAQ

  • Date updated 2025-04-25
  • By Katapult

FAQ

wondering why limit amount doesnt increase pay leases off?
The spending limit for your Katapult account is determined based on your preapproval status and credit evaluation. Even after paying off leases, the limit may not automatically increase because each preapproval is treated individually. To potentially receive a higher spending limit, you would need to wait until your current [...]

FAQ

  • Date updated 2025-04-25
  • By Katapult

FAQ

wondering why limit amount doesnt increase pay leases off?
The spending limit for your Katapult account is determined based on your preapproval status and credit evaluation. Even after paying off leases, the limit may not automatically increase because each preapproval is treated individually. To potentially receive a higher spending limit, you would need to wait until your current [...]

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