Layaway Makes a Big Comeback for the 2012 Holiday Shopping Season
Try layaway plans at one or more of these retailers.
While it may only be October, it’s never too early to start thinking about holiday shopping. In this economy, some shoppers are fretting over being able to afford that special toy, bauble or other item that they know will bring a smile to their children, spouse, friend or family member. Consider layaway as a way to spread payments out over time, and be able to check things off those holiday lists. Popular during the Great Depression in the 1930s, layaway fell out of fashion in the 1980s as credit card usage became widespread. Many companies are once again offering the service, which allows customers to make installment payments on an item, sometimes with a small fee added to the item’s price for the company’s administrative costs. In our …
