My thought is that it allows you to finance skis for as little as $59/month for 12 months

Good for them. Now in addition to collecting the $XXX for a pair of skis its $XXX+interest and 12 months is quite a short period of time in the financing world. Not sure if they run credit checks on people for this i'd imagine they do. But for real...if you can't afford it don't buy it its pretty simple. Many good deals to find online.,

Kinda cool but it would suck to break them a couple months in and keep paying for ruined skis. I'll just buy up front thanks

Just a terrible rip-off. What happens when you get into a nasty wreck and tear your edge out? or you get a massive core-shot? Interest is a bitch and J whip-its are not worth $700. Just buy used.

I would much rather get a pair of cheap used skis until I could afford buying new ones, however it never hurts to have an extra option to get new skis if you'r old ones suddenly breaks after you spent all your money on hookers and blow or something

AnesteeziaJ whip-its are not worth $700. Just buy used.

yeah, $708 for a pair of okay park skis is a joke. used park skis are a bargain, you can find a decent pair for less than $300 for sure

10-30% APR depending on your credit.

jskis isnt making money on it.. the credit card company is and they are preying on poor high school students and college kids who will forget about the payment every month and end up at 29.95% interest and bad credit when they get out of school.. all for what? a pair of $400 at $700 + interest and late payments that we all know will happen.

my advice, save your money and look to ski shops for end of season deals until you can afford brand new skis in the fall.

Why would be bring stress and debt into skiing?? This is just stupid.

Titsandwich11yeah, $708 for a pair of okay park skis is a joke. used park skis are a bargain, you can find a decent pair for less than $300 for sure

bought brand new da mollies for $300 lol. Id almost never pay more than $399 for skis unless they were pow.

freeskibum8210-30% APR depending on your credit.

jskis isnt making money on it.. the credit card company is and they are preying on poor high school students and college kids who will forget about the payment every month and end up at 29.95% interest and bad credit when they get out of school.. all for what? a pair of $400 at $700 + interest and late payments that we all know will happen.

my advice, save your money and look to ski shops for end of season deals until you can afford brand new skis in the fall.

There is no late fees or increase in APR if you miss a payment (I bought a mattress through affirm the summer and forgot my payment for a whole cycle - had no issues or no fees).

The total you see when you buy is the total you will pay.

The interest in fixed and not compounding either, so not like missing a credit card payment.

Is financing ideal? No. But for some people, it is easier to afford smaller payments.

You are right that Affirm acts as a payment processor. The amount of money going to Jskis (or Moment, or ON3P, or any of the other brands using this) is actually less than the rates most of us use for our standard payment process - but it gives people who don't have a credit card or are not able to buy skis all at once the chance to buy a pair they want.

It is their personal responsibility to manage their finances. I know that, personally, I would rather have my (hypothetical) kid use affirm that open a credit card to buy skis. Less of a slippery slope, no late fees on late payments, no interest increase on late payments, it is just one purchase with a set budget to worry about, vs having to manager a credit card, which while it shouldn't be, is often very hard to manage for young people (as my credit card bills can attest).

So yeah, I don't think affirm is quite the bogeyman in the situation. It is a tool. Use it right and it makes a lot of sense. When we discussed bringing it in, I asked everyone at ON3P if they would use it would not, and to a person everyone said they would. The policies are simple and the payments are fixed, so you know exactly what you are going to pay, how much the additional interest will be, and when those payments are due.

30% is pretty high, so I personally wouldn't agree to that, but from the customers we've seen using it, and my experience personally using it, most of the rates have been around 10%-15%.

If you truly can't afford it or can't manage money, both Affirm and a credit card are terrible things in your hands, but the people who are going to get taken advantage by Affirm as the same that would get taken advantage of by a credit card companies.

Hope that helps shed some light on the way it works.

**This post was edited on Dec 9th 2015 at 2:10:00pm

freeskibum82a pair of $400 at $700 + interest and late payments that we all know will happen.

Just for clarification, I just went through the process on one of our pairs. Here is the pricing I got (so this will vary between different people slightly):

Standard Purchase Price = $679

3 months = $707.73 = $235.91/month = $28.73 in interest

6 months = $729.54 = $121.59/month = $50.54 in interest

12 months = $774.72 = $64.56/month = $95.72 in interest

The point basically being...yes financing in any form is not great. It is spending money you don't have, which is obviously a huge problem in our society right now. That said, if you are going to do it, Affirm at least gives you a clear cut option - you know what your payments are, you know the payment total, you know when they are due, you know your rates are set, and you there is no late fee.

So, as I said, it is a tool and another option for people to use. If it is the right fit for you, great, if not, don't use it.

Honestly I wouldn't use it because I never spend that much anyway on skis. I like to please myself with 1/2 price skis from the season before.

Swandog7bought brand new da mollies for $300 lol. Id almost never pay more than $399 for skis unless they were pow.

exactly. and even my last few pairs of pow/charger skis ive found for around 300. like you said, obviously you need to be okay with last year's or older skis, but shit, some skis don't even change year to year beyond graphics

there are just too many options out there to justify using this system unless youre dead set on a certain pair. 15 years ago i wouldnt say the same thing but nowadays there are just SO many good skis out there

That's super sick that you can do that as if skis were a movie or book, but what does J-Skis do with the skis after your trial with them?

iggyskierThe point basically being...yes financing in any form is not great. It is spending money you don't have, which is obviously a huge problem in our society right now.

So if I bought some Thanks Obama skis with the Affirm plan would it be the most american thing ever?

cydwhitSo if I bought some Thanks Obama skis with the Affirm plan would it be the most american thing ever?

Just about. We'll make sure to throw some bacon, bullets, and freedom in the box with them.