Flight Club Will Allow Sneakerheads To Finance Their Shoes At 30% Interest Rates

Sole Collector – Flight Club introduced a new financing system over the weekend that would allow buyers a year to pay off sneakers at interest rates ranging from 10%-30%. It’s an idea that has brought forth plenty of debate on the concept of making payments on sneakers. The function has since disappeared from their site, but according to a store representative, they will be bringing the financing payment option back soon. In the meantime, for those of you who may be considering taking a loan on sneakers, we’ve done some calculations to find out just how much those sneakers may end up costing you. We explored Flight Club inventory at prices ranging from $125 through $11,000, and calculated the total you’d spend in a year at the high, mid, and low interest rates being offered for the plan.

I’ve been writing about sneakers here and there every now and then and there always seems to be a decent amount of Stoolies interested, so I figured I had to blog this. Actually even if you’re not into sneakers this is just a phenomenal story. Flight Club now allowing you to finance your sneakers with interest rates up to 30 fucking percent. Hilarious, man. Maybe the most financially irresponsible thing Ive ever heard. Not only on the buyer’s end, but the lender. I mean if you’re talking about the type of person who cant afford to buy their sneakers up front, what the fuck makes you think they are gonna have enough money a few months from now to pay you back with the additional 30% juice? Something tells me if you’re the type to finance a pair of Jordan’s or Yeezy’s you’re not exactly timely with your interest payments. That money aint never coming.

As far as the buyer goes – if you need to finance your fucking SNEAKERS you need to find a new hobby besides collecting shoes. As a matter of fact you need to find a fucking job. And yet, at the same time, if you finance your sneakers at 30% you’re somehow one of my favorite people on earth. Thats just such a cockamamie idea I have no choice but to respect it. Its like financing your Bob’s Furniture but even worse. Just an incredible move when you think about it. Sitting there looking at the APR for a pair of goddam sneakers. Its the very definition of Hood Rich, but I’d absolutely be lying if I didnt tell you the thought of financing a pair of 12s hasnt crossed my mind. Sure we’re all A) assholes for paying this much money for sneakers, and B) pathetic for not being able to afford them outright. But goddam those Space Jam 11s will look fresh as fuck on your feet.