2006-09-17 13:47:09 · 35 answers · asked by Emm 6 in Business & Finance ➔ Other - Business & Finance
Thank you for taking the time to answer my question. Some of you are ruthless, like Trainer. My personal finances are not in any jeopardy and my credit card balances are at zero. However, I do like being able to pick out a few Christmas presents in October and November and not have to worry about them being found in the closet long before Christmas, or forget them altogether. I've used lawaway since college and find it a very economical way to shop as there are no interest charges unlike credit cards.
2006-09-17 14:00:48 · update #1
My wife works in the layaway department at Walmart. There has been so many people coming in asking if it is true and complaining about it that it has been giving her a headache. The only way Walmart will reconsider is if the people quit complaining to the Walmart associates and start calling the home office in Bentonville. Just be prepared to pay a put away fee if Walmart reconsiders their decision.
2006-09-17 13:53:43 · answer #1 · answered by porkellasdad 2 · 0⤊ 1⤋
I've never used layaway, but it is a nice option to have. I don't see why a large retailer like Wal Mart would get rid of it - especially since their base customer has an income of about 30-35k.
2006-09-17 13:48:39 · answer #2 · answered by Rawrrrr 6 · 1⤊ 0⤋
Well at first but where I live people are notorious for laying away hundreds of things at Christmas,you can not get the toy that is stuck in the back room and they cancel layaway half the time!!!
2006-09-17 13:55:11 · answer #3 · answered by Cherokee 5 · 0⤊ 0⤋
i think it's really sad. i think it's more sad that people seem to think layaway is something "redneck" and low income. it's much smarter than credit cards.... hhmmm you lawaway something on sale adn take 3 months to pay for it - interest free. sounds like the ssame thing companies do -- 6 months same as cash and so on.... wonder how many non-redneck people use that?!
your reasoning for using it - hiding the gifts easily out of sight - very clever! i used lawaway a lot myself - especially after i had 21 credit cards and needed to dig myself out of stupid debt!
2006-09-17 14:07:43 · answer #4 · answered by Marysia 7 · 0⤊ 1⤋
Layaway is stupid anyhow. Basically you are setting up a savings account that you are not earning interest on. So while you keep making those payments, Walmart is getting rich by investing your money. And it helps their stock go up because they have both your money and your merchandise in their posession. Technically it is theirs until you make the last payment.
Secondly I am sure that they make a small fortune off of the people who do not keep up with the payments. So if you made 4 out of 10 payments, and you didnt finish making the payments, they were able to obtain free money.
2006-09-17 13:51:54 · answer #5 · answered by Joe K 6 · 1⤊ 2⤋
My mom mentioned it today and I was very disappointed. Using their lay-away was a good option for my Christmas gifts. Now it looks like I'll have to save up and pay as I shop.
2006-09-17 13:50:01 · answer #6 · answered by softlyinspired 5 · 0⤊ 0⤋
I'm not. If folks don't have the discipline to save their own money for something or manage a credit card properly, they shouldn't be buying stuff they can't afford yet anyway.
2006-09-17 13:48:59 · answer #7 · answered by TrainerMan 5 · 1⤊ 1⤋
Not really, I never needed to put merchandise away at Wal-Mart before.
2006-09-17 13:49:02 · answer #8 · answered by AmsterF 3 · 0⤊ 0⤋
I am upset that anyone shops at that crappy quality craphole!!
It drives down wages and has been caught hiring illegals many a time. Why would you shop somewhere that doesnt pay LIVING wages??
2006-09-17 13:55:15 · answer #9 · answered by Anonymous · 1⤊ 0⤋
yes i am very upset.I had worked at wa-mart for 6 year's,and a lot of our business is layway during the hoilday.People count on it.Like i use it for if i see something i really want and know it will be gone before i get payed i put it on layway.Wal-mart is going down hill
2006-09-17 13:52:04 · answer #10 · answered by silly_girl 3 · 1⤊ 1⤋