Messaging
In order to remain compliant with the Federal Trade Commission (FTC), please follow the below
approved marketing language about Koalafi for your website and social pages.
| Recommended Language | Language to Avoid |
|---|---|
| Low Initial Payment | $XX Fee |
| Early Purchase Option | Same as Cash |
| Customer payments reported to TransUnion | No Credit Score Impact |
| Flexible Payment Options | No payments or interest for XX Days |
| High Approval Rates | Early Payoff Discounts |
| Simple. Fast. Transparent. | Discounts |
| Superior Service | No Credit Check |
| Easy-to-use interface | Loan/Lending |
| Approval process that takes seconds | |
| No Credit Needed* | |
| Lease-to-own financing |
Required "No Credit Needed" Disclaimer
We do perform a credit check on customers as part of our application process. “No Credit Needed” does not imply no credit check. This is a lease-to-own product. You will not own the leased items unless you make all scheduled payments or prepay in accordance with the lease. Details may vary by state.
Updated over 1 year ago