Layaway an easy way to snap up popular gifts
Layaway is making a comeback, and for good reason.
It's a great way to stick to a budget and avoid running up big credit card bills. You don't pay interest charges with layaway.
Sue Perry, deputy editor of Shop Smart Magazine, says there's another benefit to layaway.
"You can get those hot items for the holidays that your kids want and put them on layaway before they're snapped up," she said. "You're assured you have those items and once you pay off your layaway plan you just pick it up at the store so you have it."
Sears brought back its layaway program last year, and expanded it this year.
"The only are that's excluded form layaway would be appliances and automotive," said Sears store manager Gary Lorentson. "(For) pretty much everything else, you can use layaway. And it's been extremely popular.
These days, you can do layaway online at well-known stores like Sears and Kmart, or go to a site that specializes in extended payment plays: Lay-Away.com or e-layaway.com.
"Layaway.com -- they have an emphasis on electronics and appliances. And e-layaway.com has partnered up with more than 700 online merchants," Perry said.
These days you can put all sorts of things on layaway, including computers, hotel rooms, even tickets to major sporting events.
Before you join any program, check for fees and find out about penalties should you miss a payment.
For more information
Layaway is back!
The anti-plastic
Happy Holidays on a Budget
It's a great way to stick to a budget and avoid running up big credit card bills. You don't pay interest charges with layaway.
Sue Perry, deputy editor of Shop Smart Magazine, says there's another benefit to layaway.
"You can get those hot items for the holidays that your kids want and put them on layaway before they're snapped up," she said. "You're assured you have those items and once you pay off your layaway plan you just pick it up at the store so you have it."
Sears brought back its layaway program last year, and expanded it this year.
"The only are that's excluded form layaway would be appliances and automotive," said Sears store manager Gary Lorentson. "(For) pretty much everything else, you can use layaway. And it's been extremely popular.
These days, you can do layaway online at well-known stores like Sears and Kmart, or go to a site that specializes in extended payment plays: Lay-Away.com or e-layaway.com.
"Layaway.com -- they have an emphasis on electronics and appliances. And e-layaway.com has partnered up with more than 700 online merchants," Perry said.
These days you can put all sorts of things on layaway, including computers, hotel rooms, even tickets to major sporting events.
Before you join any program, check for fees and find out about penalties should you miss a payment.
For more information
Layaway is back!
The anti-plastic
Happy Holidays on a Budget