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Layaway means paying for a small percentage of the item upfront, and paying the rest in monthly installments. You will also normally be charged a small processing fee.

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Q: Looking to use the online layaway option this year, how do I get started with it?
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What You Need To Know About the Sears Layaway Program?

Sears was one of the first stores to start the layaway program years ago. Eventually, the store did away with the program only to bring it back in 2008. The Sears Layaway program is one of the best around, simply because you can conduct your business online in addition to your local Sears store. Using the Sears layaway program online, you can actually purchase your items online and then click the layaway option before completing your transaction. Then, you can pay for your purchase in installments through the online program. When your purchase has been paid off, simply go to the store to pick up your items. Sears charges a $5 layaway fee for the layaway program. In addition, you will have to pay a $10 fee if you cancel your purchase. When your items are on layaway, you will need to pay off the balance of your transaction in no more than eight weeks. For Christmas layaway purchases, items must be paid for and picked up by December 23rd. You can pay for your items online using the Sears layaway online program or you can make payments at the store. As with any layaway transaction, it is best to understand what fees you may have to pay before committing to the program. It is also important to save your original register receipt and receipts for any payments you will be making on your purchase. Certain items can not be put on layaway including clearance items. Other items excluded from layaway include home appliances, electronics, gift certificates and automotive tools. For a complete list of the items which are excluded, talk to a Sears customer service associate. Customers must pay 20% of the total purchase or $15 in order to open a layaway account. The down payment required must be in cash. Identification is also required in order to open or close a layaway account. Proper identification is also required when picking up paid merchandise.


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Making Large Purchases Using Online Layaway?

For many people, making a major purchase such as a new appliance or piece of furniture can have a major financial impact. While some individuals might choose to use a credit card to make a purchase of this type, others prefer not to charge something that they can not immediately pay off. Some people can not qualify for credit cards or loans. In other cases, people are simply willing to wait and pay off the item they want in increments before receiving it. When this is the case, one possible option is the use of online layaway, which allows a consumer to put an item on layaway with an online retailer and make regular payments until it is paid off and shipped to them. Online layaway is similar to traditional in store layaway services. For years, many department stores featured a service where a customer could have a store hold an item that they liked in exchange for a down payment and regular scheduled payments on the merchandise. When the customer finished paying off the cost of their item, they would be able to take it home. This was a way to guarantee that the customer would still have access to an item that was out of their price range but might have been out of stock by the time they saved up the money necessary to purchase it. Similarly, online layaway allows a customer the guarantee that an item will be available to them with the option to pay for it over time instead of paying for it all at once. Because of the current economic struggle being faced by many people in America, many online retailers have embraced the option of online layaway as a way to reach customers who might otherwise not make purchases from their store. This is particularly handy for retailers who do not have a brick and mortar store or who are not nationally located, as it increases the scope of customers they can reach. The use of online layaway services is particularly popular when large items such as furniture, appliances or electronics are being purchased and is also used frequently during the months preceding the Christmas season.


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No Credit Cards Needed For Sears Layaway Savings?

The old adage everything old is new again is certainly true, as evidenced by the Sears Layaway Program. Sears is encouraging shoppers to take advantage of all the outstanding deals being offered by using its terrific lay away option. The plan is perfect for those who may be faced with budget constraints or a cash flow issue. Under the Sears layaway plan, customers can guarantee their prices and the availability of the merchandise by making a down payment of approximately 20% on the goods purchased for layaway. Available on line is a chart, http://www.sears.com/sears-layaway, that can help individuals determine the exact amount of their down-payment as well as the payment amounts, which are due every two weeks. The down payment and the succeeding payments are approximately 20% of the purchase price. Depending on the amount of the purchase, customers can choose from an 8 week or 12 week plan. The 8 week payment schedule carries with it a $5 service fee, while the 12 week plan for amounts over $400 adds $10 to the total. For customer convenience, payments can be made on line. You can also make arrangements to pick up your paid for layaways on line either at a store or a warehouse location. Layaway is not available at all Sears stores. Its advisable to check online or at the store before you begin your layaway shopping expedition. If you are shopping online, items that do not qualify for layaway will be so designated. There is no reason to miss out on any of the year end shopping specials you will find in every department. Clothing, toys, home accessories, shoes, electronics and more are can be put on layaway. If you choose to shop at home, you can avoid the crowds and still get your selections before they are gone. Now that you know about the layaway option from Sears, head on down to your nearest store or visit Sears online. It may be a bit late to take advantage of the plan for the holidays, but remember the plan for next year and for our year-end mark-down sales.