OMG! I just saw a K-Mart commercial. The lady was going Christmas shopping and her husband pointed out that Halloween just took place. She says, yes, but they have layaway.
I’m serious. I haven’t heard of people using layaway since the 80s. Essentially we all got credit cards we couldn’t handle, screwed up our credit and finances, went without, or talked to someone with a credit card who bought it and let us pay them back. Except when we really wanted it and really decided to tank our credit rating by bouncing a check to buy that precious item (that we had to have, but no longer own and can’t really remember).
I guess this is a HUGE sign that the economy is going to get worse before it gets better. Not that I’m not into it. I actually liked layaway. It was like I got to visit my stuff once a week and when it was paid for, it was mine. I remember using it to buy school clothes at places like TJ Maxx and Lane Bryant. That was before I messed up my credit and stuff.
I have to say, good idea. I hope more businesses embrace this rather than having people really end up in bad shape for the Christmas season.