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Think Ahead With Layaway Plans

The pros and cons of layaway programs

Layaway programs are becoming increasingly rare. New tech, the surge of online shopping, and the advent of Buy Now Pay, Later programs (BNPL) have all but made layaways obsolete. However, some big retailers — like Amazon — still offer layaway plans. With inflation making everything so expensive, you may consider using layaway during the holiday shopping season. Here are some pros and cons of these programs.

The Pros

The Cons

Content by Savvy Money

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