For the past few weeks I’ve been sharing my experience using Kmart’s Layaway. Like BrothaTech alluded to in last week’s comment section layaway is back in style now. People are penny pinching and trying to figure out ways to make the most out of their money while providing a great Christmas for the kids and Kmart layaway is a great option.
If you head into your local Kmart store you’ll see signs like the one I took a picture of above all over the place. If you don’t like shoulder bumping in the isles of stores during the holiday season you can actually make your purchases online and still set up layaway. Yes you read that correctly, you can do it from the store or online. You can also make payments either way.
I still think this is also a great way to lock in a sales price or an item that you know won’t be there in a few weeks or even a few days.
What I enjoyed about the process the most is that I went into the store and payed off my purchase with no penalty. There was no extra charge, no additional fees. I paid my balance, got my goodies and walked out of the door.
This holiday season I strongly recommend that you take a look at the Kmart Layaway plan and see what they have to offer.
Below are a few additional details about Kmart’s Layaway plan that you may be interested in:
- Kmart layaway is available on virtually all items in the store and online (marked as “Available for Layaway”) ““ including small kitchen appliances, sporting goods, fitness equipment, pet items, health and beauty items, and of course ““ clothing.
- Layaway terms of 8 or 12 weeks are available in most states
- Kmart layaway is year round and doesn’t end in early December like some companies. Also the last day for Christmas pick up is Dec. 24th so you can push it to the wire LOL.
- Black Friday deals are eligible unlike some competitors.
- There is a calculator on the Kmart website that will help you figure out how much is due with your biweekly payments.
- My favorite thing is that you can make payments on Kmart.com! I used to hate going into a store to pay if I wasn’t going to pick something up.
If you’re worried about excessive fees, don’t worry. There is only a $5 service fee for using Kmart’s layaway plan. You only have to put down $15 or 10%, whichever is greater. And lastly, you can pay the contract down faster if you’d like without any penalties. You can find out more information on the Kmart layaway page.
This post is part of a series that I will receive compensation for from Kmart in exchange for the time and effort that it will take to produce the surrounding content. All opinions expressed are totally honest and totally mine.