👉 A layaway is a payment plan offered by a store or online retailer to customers who are considering purchasing items but do not have the funds available at that time. The customer pays for the item in installments over a period of time, typically 30 days or more, and can then return the item at the end of the term with no interest. The idea behind layaways is to provide customers with an affordable option to purchase items without having to worry about paying full price upfront. This can
