Can a retailer offerring layaway require a customer to forfeit any deposits/payments for an unclaimed layaway?

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Can a retailer offerring layaway require a customer to forfeit any deposits/payments for an unclaimed layaway?

2006-11-15 09:35:25 · 4 answers · asked by LHA 3 in Business & Finance ➔ Small Business

4 answers

Most will give it back to you minus a percentage or "restock fee"

2006-11-15 14:59:31 · answer #1 · answered by blessedwife 2 · 0⤊ 0⤋

Ask what the store policy is before you put something in Lay-Away. Most stores will refund your deposits/payments if you don't want the merchandise, however, there are a few stores who will keep your money as a "re-stock fee", this is a legal but deceptive policy, stay away from those merchants.

2006-11-15 17:50:19 · answer #2 · answered by PALADIN 4 · 0⤊ 0⤋

Yes. It is part of the Layaway contract.

2006-11-15 17:37:42 · answer #3 · answered by Anonymous · 1⤊ 0⤋

If it is left unpaid for a period of time they can.

2006-11-15 17:36:21 · answer #4 · answered by m27jean 3 · 2⤊ 0⤋