Question of the Day: Are layaways good plans for holiday shopping?
Are retail layaway plans a reasonable convenience or a dangerous tool for consumer spending? Mega-retailers such as Kmart, Walmart, and Sears are pushing advertisements for their layaway plans to help consumers finance their holiday spending. In a layaway, consumers make multiple small payments on their bill over an extended period instead of paying it all at once. Are layaway plans a more reasonable alternative to racking up holiday credit card debt or are they only disguised as a convenience to… Read more





