We’re well into September and for many folks, that means holiday shopping is already beginning. The past several years, we’ve seen a resurgence in the popularity of layaway, and it looks like this year will be no different.
Beginning today, Walmart shoppers can use layaway to pay for electronics, toys, jewelry, small appliances, sporting goods, infant toys and automotive electronics such as speakers. The retailer did away with the opening fee (last year it was $5) and payments can be made through Dec. 13. Walmart will assess a $10 cancellation fee, however.
Toys R Us and Kmart also offer layaway.