Contact Us

Will You Use Layaway to Make Your Holiday Purchases? — Survey of the Day

layaway
Yvonne Hemsey, Getty Images

If you want to buy something but don’t currently have enough money, one option is to use layaway. Under that plan, the customer makes payments in installments and doesn’t receive the item from the store until they have paid the full price.

Those who want to buy their holiday gifts this way probably have to start thinking about doing so soon. So how many holiday shoppers are planning on using layaway this season?

According to a Coupon Cabin survey of 2,339 adults, 34 precent are thinking about using layaway, including 9 percent who answered that they are “very likely” to do so.

The survey also found that the two biggest draws of using layaway is that it “helps a person buy larger items for the holidays that they couldn’t afford to buy all at once” and it “helps a person budget his or her money.”

The two most-cited drawbacks of the plan where ”there’s a charge to canceling a layaway order” and “the service fees end up making it not worth it.”

[PR Newswire]

Best of Hot 104.7

Recommended For You

Best of the Web

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://hot1047.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Hot 104.7 VIP Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Hot 104.7 VIP Club contests, events, coupons, presales, and much more delivered to you for FREE.