Sears, K-Mart Latest To Offer Free Layaway
A lot of us utilize layaway to purchase holiday gifts now and pay for them on time. While Wal-Mart recently dropped its layaway fee from $15 to $5 MoneyTalksNews.com reports that Sears and K-Mart have completely dropped theirs meaning no interest or service fees to factor into buying decisions. Toy's R Us is doing away with their layaway fees too which indicates a growing trend among competitive retailers. There are, however, possible downsides.



