Find Out Which Stores Offer Layaway and Compare Their Plans

Layaway is growing in popularity with stores and shoppers as a budget-friendly alternative to buying with credit cards. What was once an option for cash-only customers during the 1970s, layaway programs are getting a good dusting off with more current trends like confusing fees, cancellation charges, and shorter pickup dates. It is still a great option for shoppers who prefer to pay cash and want to break up the payments, but it is important to know how much it will really cost.

Take a look at the stores now offering layaway and compare fees and time limitations so that you get the best deal.

Burlington Coat Factory

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Burlington Coat Factory in Huntington Beach, California, United States. Moment Editorial/Getty Images / Getty Images

Burlington Coat Factory offers a year-round in-store layaway plan (but not online). In the past, the plan required a 20 percent deposit, a $5 non-refundable service fee and additional payment requirements of 20 percent every 14 days.

These days, Burlington Coat Factory's website instructs shopper to visit the customer service desk at any Burlington store to learn more about their ​Free Layaway program.

eLayaway is an online site that offers layaway from over 1000 stores nationwide. From offerings at Ikea to Home Depot and Kohls to Cabelas, you can find  just about anything at this online layaway mall. More

Hallmark Gold Crown

Hallmark Gold Crown stores have layaway programs all year in the corporately owned stores. They offer a 60-day program with a 20 percent deposit requirement, but only full-priced items can be put on layaway. To find a store near you visit the Hallmark Gold Crown store locator.

Kmart and Sears

Kmart and Sears offer both eight and 12-week in-store layaway contracts. For purchases of $300 or more at Kmart and $400 or more at Sears, a 12-week option is also available. Except where prohibited by law, an eight-week contract requires a $5 service fee and a 12-week layaway contract requires a $10 service fee.

Items that are available for online layaway will be identified as "Available for Layaway" on the individual product page.

Four payment installments are required for the eight-week plan and six for the 12-week plan. Payments can be made in the store where the layaway is on hold or online.

Payments will be refunded on cancelled layaways minus the service fees and $15 for eight-week layaways and $25 for 12-week layaways. Layaways will be cancelled seven days after payments are due.

For more information read the Kmart and Sears layaway policies online.

TJ Maxx and Marshalls

The off-price store TJ Maxx offers layaway in some, but not all of the stores. A deposit of 10 percent is required and layaways must be paid in full within 30 days. Jewelry and clearance merchandise may not be placed on layaway.

There is a non-refundable service fee and a cancellation fee of $5. The service fee may not be the same in all locations so it is a good idea to contact your local store for more information.

Toys R Us and Babys R Us

The layaway program for Toys R Us and Babys R Us is available in-store only. Most items are eligible for layaway with the exception of certain categories like food/formula, clothing, and special orders.

Toys R Us' layaway plan requires a 10 percent deposit and  a $5 non-refundable service fee for the 90-day program, but the stores do offer free layaway promotions from time to time when all upfront fees are waived. Better still, you can make your layaway payments in store or online. 

There is a $10 cancellation fee for layaways cancelled by the customer or for layaways returned to stock for non-payment.

A picture ID is required when putting items on layaway, for pickups and refunds.

Note: Layaways may be held at another location. As a result, not all layaway purchase are available for immediate pick up after the final payment is made. For certain items, pickup may not be available for up to 14 days after you pay the full balance.

Visit Toys R Us for more details.

Walmart's Holiday Layaway Program

Each year, Walmart seems to extend its holiday layaway program. The annual program has begun as early as late August and typically runs through mid-December. The program is offered in stores only but extends to some big ticket items like electronics, furniture, toys, select sporting goods, small appliances, and even jewelry.

To be eligible, individual items must be priced at $10 or more, and the total layaway purchase must be at least $50. Layaway orders not paid in full and picked up by the layaway's end date are subject to a $10 cancellation fee, but will be refunded.

For more information, visit the Walmart Layaway policy online.

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