If there's a big-ticket, must-have gift on your shopping list, put down the plastic and try this instead.
Layaway, a program in which you put down a deposit on a costly item and make a series of installment payments toward it, is back for the holiday season.
You can also put gifts on layaway at
Layaway might make sense if you're calling dibs on an item that's in high demand, like an
Consider that the average indebted U.S. household owes $15,675 on their credit cards,
Take the time to read up on your retailer's specific policy. Even if you aren't paying full price upfront, you can still have plenty of money on the line. You may be subject to fees for starting and cancelling the plan.
At the end of the day, you don't get your item until you've...