When I was growing up, Wal-mart layaway was a way of life! It was how my Christmas presents were purchased, my back-to-school clothes were purchased, it’s how anything got purchased! Now, Walmart is bringing layaway back!
It’s going to be a little different than the way that used to offer layaway, but at least you will have that option again. It will roll out October 17, just in time for the holiday season and will only stick around through December 16.You will need to have a minimum purchase of $50 and each item will need to be priced at $15 or more. There will be a $5 layaway fee, you will need to pay 10% down and complete their payment schedule. You will be required to pick up your layaway no later than December 16 or pay a $10 cancellation fee. Walmart still offers layaway on their fine jewelry year round.
There are still several other stores that offer layaway as well, Sears, Kmart and Toys R Us – they all have their own rules and fees.
From the Chicago Tribune. Thanks Just Trying to Save Money!
I like the idea of them coming back with layaway, just not the fact that each item has to be over 15.00. I would be putting little kids clothes on layaway and they are usually on a good sale for a few dollars. So I won’t be putting anything on layaway, will check into kmart, sears, and toys r us.