In today’s economy, it is nice to know that laptop layaway plans are still available from a variety of retailers. Laptops have become a necessity for most students and business people alike. Unfortunately, a decent laptop is hard to come by for less than $700. Enter layaway or another type of monthly payment plan. Remember layaway plans? To reduce the cost of holding on to layaway inventory, and reduce the risk of customers abandoning merchandise, many retailers have stopped offering layaway. Even though it seems like they were only a thing of the past, layaway plans are alive and well, and are gaining momentum.

In case you are not familiar with layaway programs, here is a quick refresher. A monthly payment plan allows you to put a small down payment on the item you wish to purchase, usually around 10%, and often less, and then pay off the balance with interest free or low interest payments. A layaway plan will usually allow you to pay as little or as much as you want, as long as the item is paid off within the pre-determined amount of time. Besides being a cost-effective way to purchase your laptop when you do not have the cash to pay for it upfront, it may also be the best way to purchase laptops with bad credit. That is because layaway plans do not run credit checks. The retailer keeps the laptop until you have paid it off in full.

So, what retailers offer laptop layaway plans? Kmart is one store that has kept their layaway program alive for over 40 years, and is proud that it continues to reach out to customers from all walks of life. A laptop can be put on layaway at Kmart with a minimum down payment. Another great resource is Sears. The company recently revived their layaway plan, claiming that it was responsible for increasing holiday sales over the last couple of years.

Even online retailers have begun offering layaway programs. is responsible for representing numerous products from several large companies, including Best Buy. At the time of this writing, a $2500 Apple Macbook Pro could be put on layaway for around $233 a month. This model was only one of several more budget conscious models available. One notable difference when you use, your plan will specify an exact amount to be paid each month, which is then automatically deducted from your bank account. What a small price to pay for such convenience!

Categories: LAPTOP