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Layaway gets a head start

from The Wall Street Journal

Wal-Mart Stores Inc. has extended its Christmas layaway program by a month and tripled its service fee. Customers will get the full charge back in the form of a Wal-Mart gift card, after making their final payment. The moves reflect the rising popularity of layaway programs, which have made a comeback since the start of the economic downturn in 2008, as consumers avoid turning to credit cards. more


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