2007-01-24 20:28:12 · 10 answers · asked by Anonymous in Business & Finance ➔ Corporations
Some stores like Wal Mart, Shopko, and Tj Max use lay-away, you must first put down a non-refundable deposit of 20% of the total value of the purchase, and then pay the item off within so many days whatever that paticular store sets it at. They keep the item until is is paid in full. Also if you change your mind about the item before it's paid you get all your money refunded that you have put on it.
2007-01-24 20:36:17 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Layaway is a program in a form that allows a consumer to purchase an item or items for a certain period of time you first pay a percentage of the merchandise. Then you pay a fee to use layaway and then make payments before the deadline until the item(s) are payed off you are allowed to take it. All stores are different and you should asked and investigate what is charged and how much and if you lose money if you pass the deadline
2007-01-25 04:36:12 · answer #2 · answered by drakken 1 · 0⤊ 0⤋
A department of a store that allows you to hold a product there and slowly purchase it over time in order to take it home. Wal mart doesn't have layaway anymore :(
2007-01-25 04:31:45 · answer #3 · answered by amandamc32183 2 · 1⤊ 0⤋
You pick out what you want from the store and put a down payment on the items. They keep the items in storage so no one else can buy them. You make weekly payments until you have paid the full purchase price and then you get your items.
It is like buying on credit without getting to take the items with you until it is paid off. There is no intrest or anything, either.
2007-01-25 04:30:57 · answer #4 · answered by bashnick 6 · 3⤊ 0⤋
Where you can pay for something a percentage at a time over a few months until it's paid for. Kind of like credit, except you don't get the item until it's paid. They just keep it for you.
2007-01-25 04:31:07 · answer #5 · answered by manders030405 2 · 1⤊ 0⤋
Where you put an item to purchase on hold, and pay for it when you get the cash.
2007-01-25 04:31:51 · answer #6 · answered by Nate H 2 · 0⤊ 0⤋
You put money down, gaurateed the product will be available, and you will pay the ballance when you pick it up.
2007-01-25 04:40:24 · answer #7 · answered by scott p 6 · 0⤊ 0⤋
stuff is set aside till you pay for it.
2007-01-25 04:33:55 · answer #8 · answered by larryclay2006 3 · 0⤊ 1⤋
lay away manes i don't know
2007-01-25 04:42:02 · answer #9 · answered by shanker mother 1 · 0⤊ 0⤋
It's what lazy people do with their life.
2007-01-25 04:32:19 · answer #10 · answered by Anonymous · 0⤊ 3⤋