by 
xXGATESXx
ANSWERS: 3
-
Lay away was a popular way of doing "pay later" before credit cards. The store would lay back merchandise for a customer while they made instalments. Back then, many people paid their bills in person. Due to the convenience of credit cards and the value of merchandise and square footage in the store, layaway plans fell out of favor and were mostly discontinued. Appraently now they are making a comeback. http://www.nj.com/news/index.ssf/2008/11/in_tough_times_retailers_pull.html
-
At my store you put down a deposit which in our case 10% is required. After that you pay your payments until it is paid for and you then take it home. Most stores have some sort of time limit to keep you from taking years keeping it off the shelf. I would imagine 90 days is pretty common. I think that pretty much wraps it up.
-
You make payments on your merchandise and when it is paid in full, you receive the merchandise.
Thriftymaid RELATED QUESTIONS
Copyright 2023, Wired Ivy, LLC