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Sleep Now, Pay Later with Flexible Payments Through Koalafi

Koalafi logo over image of a unmade bed

We have been hearing for years how important sleep is to our health and just how critical it is to get at least 7 hours per night. Yet, an overwhelming 40% of adults report they sleep less than 7 hours each night,  with the national average sitting around 6.8 hours. 

Due to poor sleep hygiene, work obligations, lifestyle choices, and sleep conditions it can seem impossible to try to get everything done during the day, while still saving enough time to wind down for a proper night’s sleep. 

For many, mattresses tend to be the culprit of our lack of sleep. “A mattress can impact a person’s sleep,” says Michael Decker, Ph.D., RN, associate professor at Georgia State University and spokesman for the American Academy of Sleep Medicine. Especially if your mattress is past its lifespan and can no longer keep your spine aligned in a neutral position. “It’s really important for people to realize that mattresses have a certain lifespan,” Decker says.

Yet, replacing mattresses can be a big investment, especially when you’re looking at replacing more than one. This is why at MLILY, we’ve made it a goal of ours to make extraordinary sleep accessible to all. We pride ourselves on offering purpose-built mattresses made to fit every budget, for every stage of life. 

We’re now taking it one step further by partnering with Koalafi to truly make extraordinary sleep more obtainable. 


Koalafi offers affordable financing plans for customers from all financial backgrounds, whether they have excellent credit or are just getting started. Koalafi is trusted by over 15,000 merchants and their customers because of the quick and simple application, no hidden fees, and flexible options to pay early and save. 

Customers can apply at checkout to get an instant decision on the plan that’s right for them.

MLILY + Koalafi 

It’s through our partnership with Koalafi that we hope to make better sleep possible for all! Applying with Koalafi is easy, straightforward and only requires 3 steps. 

How does it work? 

Fill Out a Short Application 

Share a few pieces of personal information and get a decision in seconds. If approved, you can continue shopping or checkout with your pre-qualified amount. Checking your eligibility won’t affect your credit score.

Sign Your Contract 

You’ll be able to review your full contract details before signing your agreement, with no surprises.

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!

Payment Plans for Everyone 

Whether you’re looking to build your credit or already have good credit, we have a plan made for you. 

Good to Great Credit 

  • Flexible loan plans with low monthly payments
  • 12-month promotional financing*
  • Loans up to $10,000
  • $0 down

Building Credit 

  • Opportunity to build credit with no credit needed, lease-to-own financing
  • 90-day early purchase option
  • Leases up to $5,000
  • Own the item after the final payment 

Frequently Asked Questions 

Am I a Good Fit for Koalafi?

Koalafi offers loan products to customers with excellent to good credit and leases to customers who are still building credit. You do not need credit to be eligible for a Koalafi lease. 

Is There an Application or Processing Fee?

There is no application fee associated with our loan product. For our lease-to-own product, at the time of submitting an application, a temporary hold of $49 or less will be placed on your debit card. This will be processed as your initial payment at the time of signing. If you choose not to proceed, this hold will be released.

Who Should I Contact if I Have Questions?

Give the Koalafi team a call at 844.937.8275 between 8:00 am and 9:00 pm ET Monday through Friday, or 8:00 am to 8:00 pm ET on Saturday.

Whether you’re wanting to upgrade your current mattress or looking ahead to the holiday season for a loved one, with MLILY you have the option to sleep better now and pay later with Koalafi. Apply now and get that restorative night’s sleep you’ve been dreaming of, without having to pay for everything all at once!

Required disclaimers:

*Offer applicable to loan product only. For qualifying customers only. You will not be charged interest if you pay your loan balance in full within the promotional period. The length of the promotional period may vary depending on the terms and may not be available on all loan products. Must make all payments on time and be in good standing to remain eligible for the 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.

^“No Credit Needed” does not imply no credit check. Koalafi does perform a credit check on the customer as a part of our application process. Consult your lease for complete terms and conditions.

Taxes, fees, and other charges may apply. Details may vary from state to state. 

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