/tags/layaway/ Recent bookmarks tagged #layaway Mon, 02 Nov 2026 08:24:57 +0000 http://lifehacker.com/5860490/is-layaway-ever-a-good-idea Imagine a mother going to Wal-Mart on Oct. 17 and buying $100 worth of Christmas toys. She makes a down payment of $10 and pays a $5 service fee. Over the next two months she pays off the rest. In effect, she is paying $5 in interest for a $90 loan for two months: the equivalent of a credit card with a 44 percent annual percentage rate, a level most of us would consider predatory.<br/> <p><strong>Tags:</strong> #credit #economy #layaway #walmart</p> Fri, 18 Nov 2011 22:51:22 +0000 linkding-ssg:bookmark:19771 credit economy layaway walmart