Good or Bad? Ski Now Pay Later

This seems to target lower income and younger generation skiers and snowboarders! 3, 6, or 12 month financing and 10-30% interest depending on term. What if the skis break? What if you get injured? What if you end up not being able to afford it? This could be credit history damaging.

http://jskis.com/pages/ski-now-pay-later

Wow that is high rates for a pair of skis? A $1k setup (normal starting for a top tier ski)) could cost you $300 in interest plus $8 fee per monthly payment. So $396 ontop of the ski price!