Many retail stores have brought back layaway--the trusty, incremental payment method of old. And now it's available for online purchases, too.
Sites such as eLayaway.com and Lay-Away.com serve as middlemen for companies such as the Apple Store and KitchenAid, allowing folks to pay for items a little bit at a time before taking possession of them.
The service was revived after credit card companies tightened up on personal credit and recession-battered consumers gave up credit cards altogether.
---Samantha Maziarz Christmann
taggedShopping | Strategies