Layaway plans have made a comeback over the past couple of years because it is an affordable way for families to make small payments each month on holiday gifts. If you have gifts on layaway, the Better Business Bureau wants to remind you not to miss your final layaway payment and pickup deadline.
Friday, Dec. 13 is the deadline at Walmart for when you must pay the final balance on your Christmas layaways and pick up your merchandise. If your layaway is at Toys R Us, you have until Dec. 15. K-Mart offered eight- and 12-week layaway plans with deadlines that varied.
“If you miss this deadline, the merchandise that you have on layaway will likely be returned to stock,” said BBB President Tom Bartholomy. “Depending on the terms and conditions of your layaway plan, you may or may not be able to obtain a full refund of the money you have paid.”
For more information about layaway plans, please visit the BBB.