Quote:
Originally Posted by loves2read
layaway and credit cards are different
you have to make your periodic layaway payment --free of any interest charge--or your item goes back into stock...credit cards just keep increasing your balance if you only pay minimum or skip payments...they live off what you can't pay off each month...and love it if you only pay minimum...
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AMEN! And I wish you could teach a good friend of mine this. She got credit for the 1st time in her forties, now has five or six credit cards, pays minimum balance only since she is on disability which I don't see why she wants credit. But I guess it's exciting when you are in your forties.
I see disaster down the road!
As far as layaway I agree it is a better choice than all that credit card debt. I personally don't do layaway since I usually can't pay it off in the short time they give you.
Also Marshalls do a 30 day layaway, well they did in CA.
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