CAPE GIRARDEAU, MO (KFVS) - Thinking of using layaway to buy those gifts this holiday season? Here's a look at the policies at some popular stores:
There is a 5 percent layaway fee, and the plan is available on total purchases over $50 with each individual item over $15.
The required deposit is 10 percent.
**Kmart - Layaway is available both for in-store and online purchases with a deposit of $15 or 10 percent (whichever is more) plus a $5 layaway fee.
Purchases can be paid off over a maximum eight-week period and there is a $10 fee for canceled orders.
There is a $5 fee and a deposit of the greater of $20 or 20 percent is required. The payoff period is eight weeks and there is a $15 fee for canceled orders.
The deposit is 25% of the total purchase and the layaway fee is 5 percent (higher than most other plans).
You can select either an eight or 12 week repayment period.
You can layaway for up to 30 days with a 10 percent deposit and a $5 fee.
The purchase must be paid off in 90 days, but to guarantee delivery by Christmas, the item must be completely paid for by December 4.
There is an additional $10 charge for canceled orders. Online shoppers can use the "Bill Me Later" option to make payments on their purchases over time.