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Katapult (formerly Zibby)

Katapult (formerly Zibby) review: Scam

D
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12:54 pm EDT
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I got a loan for a computer. The TOTAL for the loan is $1,599.99. I've paid to date $1,907.50, while my account says I still owe $1,448.22... So by the end of the payoff is $3,697...How this is legal I have no idea. DO NOT DO THIS. They market it as "No Interest" but after the 90 days they essentially double your total price. I've messaged them one or two times before confused about my payments and they kept giving me the run around. At no time did they say the total I'd end up paying is $3,697. They've said multiple times that my payments are going to the TOTAL LEASE, and when they've said this, I've said okay so the $1,599.99. And they've said yes, yet when I log in my account says that I still owe almost $1,500! I understand interest but 100% interest should not be legal. That's worse than student loans and lending club. The marketing when I applied also said it was INTEREST FREE

Desired outcome: I want to pay for what I bought without paying for it twice. It is marketed as interest free... OrA full refund and I can return it to Katapult.

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    500 7th Ave., Floor 8, New York, New York, 10018, United States
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Katapult (formerly Zibby) is ranked 116 among 263 companies in the Financing and Loans category