Layaway at Kmart?

If you need to use it, then use it! There is NO interest in layaway at Kmart...it's just what it says, layaway...meaning you put 10% ( I think) down, then you have to pay on it every week or every other week, haven't done it in awhile...but might have to this year...I think it's good for Christmas shopping because you can get lots of stuff, clothes,toys,electronics,even the wrapping paper and ornaments, if need be!

I do not use credit cards, so this works for me...

I used it. There is no interest. When you 1st put your item or items on layaway there is a 5 dollar fee, that's it. NO interest. Then you have to pay it off in like 6 or 8 weeks. Payments are due every 2 weeks if I remember correctly. You can pay online or go in the store and you can pay extra at any time. There are no penalties for paying it off early. I used Kmarts layaway last Christmas to buy my daughter a Nintendo DSi - Oh, also a pro of using it, is YES you "could" save up your money and go buy the item. But, for example the Nintendo DSi, I put it on layaway before the Holiday season. There is a chance if you're getting an item in high demand it won't be there closer to Christmas.

I use layaway for everything!! I don't make a set amount a month, so, I wouldn't take out an item on credit if I may fall behind on payments. I use it for XMAS presents mostly, I like it, and have always found it useful, because I can buy the item early but don't have to have all the money that early. I like it that it's payments without debt.
I also do it in my business, and it has brought in a lot of sales, so I only have to say good things about it.
The only con I see is that you don't get to have the item right away, but that's not a problem for me, and that there may be a layaway fee, but in my opinion its still better than interest.
Good Luck!

Pro = You can pay on it and take the time you need and there is no interest. Con= They are more expensive than say Walmart and on most items Target. There Christmas toys I am sure are marked up 30% if you pick up any toy at Kmart and then price the same toy at Walmart you wil immediately see the difference.

Why give them interest? Just save your money yourself, and then go buy the item.

I have never used layaway but I was there today & couldn't believe how expensive there toys were. Maybe you can price match? Otherwise I see ads for banks that have a xmas savings program that will put about $10 a month away in a special account so when xmas comes around you will have the money.

I LOVE IT You have options 6 week plan or 12 week plan flat fee min payment every 2 weeks could not have done the school shopping with out it! if you change your mind and cancell it there is a 10 dollar fee!!! but I am so thankfull for it

I have always found the prices at Kmart to be so much more. I would save the money then shop at WalMart or Target. If you have a Target around they usually have great sales starting right about now.

Yes I used this service in the past also Gordman's all you do is pay the Fee of $5.00 to hold your items along with a percent down as payment then other payments as listed on receipt or more then your able to have the items once your balance is paid off before the time allowed if it exceeds time allowed your items will go back on the shelves refund for the payments only but loss of the $5.00 it saves the credit cards from being used(don't use unless an emergency hate debt don't have it don't want it) then those bills coming can't pay off in time then interset charges...