Flight Club Now Offers Financing For New Sneakers

SoleByThePound

SoleByThePound

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Longing for that rare pair of kicks that you need to have but can’t cough up the money? That doesn’t have to be a problem anymore, because Flight Club  is now offering financing options for up to a year. Leaders in the consignment game, paying for these pricey kicks has always been an issue especially with younger consumers as prices can go up into the thousands. Much like buying other pricey items such as cars, houses or jewelry, you’re now able to finance goods (borrow money) from a credit company as long as you agree to pay it all back, with interest. Partnering with AFFIRM, Flight Club kicks such as the ”Fragment” Air Jordan 1 is at $123.01 USD a month, while the Nike Air MAG is at $702.90 USD a month. This seems much better than coughing up the total amount at check. The process seems simple enough:
Enjoy your purchase immediately, with no hidden fees. Provide some basic information and get instant approval to split your purchase (up to $10,000) into 3, 6, or 12 monthly payments with rates from 10-30% APR. Just select Pay with AFFIRM at checkout.
Click to expand...
http://hypebeast.com/2015/8/flight-club-now-offers-financing-for-new-kicks
Click to expand...
Wow  
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Lmao I'm bout to check the yeezy thread in the next few days and see how many of them dudes pop up with red Octobers. Again I can't believe he **** I read in that thread. So literally said he traded 3 pairs of kicks and 1800 and someone said he got a steal [emoji]128514[/emoji][emoji]128514[/emoji][emoji]128514[/emoji]
 
....any leasing options 
nerd.gif


I'm trying to stay fresh ... upgrade after every drop
 
Sounds like a lot of default. How are they going to repo used worn shoes??
Sounds like a joke , if u can't afford them , then add 20% on top of the price ? Omg disaster [emoji]9996[/emoji]️
 
They're aiming to create housing level bubbles in the sneaker market, and all it'll take for the bubble to pop is Nike retroing some highly coveted kick...:lol:

Also, the people who'll buy into this are the very same people who'll likely have not-so-great credit and bad money management skills.

Oh well...in before the first ever lawsuit for predatory lending in the sneaker game.


Edit:

In their defense, if you've purchased a pair of sneakers (from Footlocker, Footaction, Nike, etc) with your credit card (guilty), then you too have "financed" and/or put sneaker on "layaway." That said, let's keep the holier than thou attitude to a minimum...:lol:






...
 
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This is dumb, but would do it for some Red Octobers. Breaking down the purchases would just have me mentally feeling better than dropping a lump sum. 30% APR tho 
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people about to have a note on their credit bureau for some sneakers :lol:
 
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