Layaway was a rite of passage for many of our families back in the day. A South Florida writer recently wrote about the resurgence of the retail service. Today’s credit crisis makes it harder for people to use their credit cards to purchase items;however, layaway allows people to pay for an item over time. It’s easier on the wallet than a credit card but still has fees.
Have you ever used layaway? Will you use it this holiday season? What do you think about it?