Walmart's holiday layaway program will start Sept. 12 and end Dec. 15. While there is no opening fee, customers will have to meet some requirements to open a layaway account. Keep in mind, layaway will not be available on Black Friday, Nov. 28 and possibly Black Thursday (Thanksgiving) depending on when the sales start and when layaway closes that day.
Here are the rules:
Down payment is $10 or 10%, whichever is greater
Minimums – Individual items must be $15 or greater. Total purchases must be $50 or greater
Terms – Final payment and pickup must be made on or before Dec. 15 at the same store layaway was initiated (or order will be canceled).
Cancellation – If account is canceled, items will be returned to inventory. Down payment and payments made will be refunded, less a $10 cancellation fee.
Items must be from the following departments:
Electronics (excluding wireless phones that required contracts)
Toys
Select sporting goods
Small appliances
Jewelry
Payment:
Layaway is initiated and picked up at the Service Desk. Payments can be made at any register.
Other stores offering layaway going on now and throughout the year are Kmart and Toys R Us. Click on the links to learn more about their terms.
So tell me do you use layaway to pay for your Christmas?