In recent years, Walmart has gotten rid of their popular in-house layaway program due to lack of space. However, while Walmart doesn’t offer a traditional program, they still offer a “buy now, pay later” payment app service called Affirm. Therefore, if you’re looking to make a big purchase, understand that while there is no traditional Walmart layaway program available, there’s still the ability to give you some flexible payment options. Read on to learn more about Affirm and how you can make the most of it when shopping at Walmart.

How Do I Create a Walmart Layaway Account?

Although Walmart does not currently offer a traditional layaway program, they do have a partnership with Affirm which is a “buy now, pay later” app.

Here’s how to use Affirm at Walmart for in-store purchases:

1. Click here to see if you qualify for the amount you are looking to spend.

2. If you’re approved, you’ll then pick a payment plan (anywhere from 3 – 24 months).

3. Pick up items in store and scan barcode on Affirm app while checking out.

4. You’ll then have to make payments via the Affirm app.

The great thing about the Affirm app is you immediately get to take your purchase home without paying for it in full.

However, it’s important to note you may be charged interest when using Affirm, which is something to keep in mind.

See Also: Amazon Layaway: 10 Answers to All Your Questions

Are All Items Eligible?

No.

All items are NOT eligible to be bought using the Affirm service.

Here are the eligible categories you can buy using the “buy now, pay later” service:

– Electronics

– Video Games

– Toys

– Home

– Arts and Crafts

– Musical Instruments

– Home Improvement

– Auto

– Sports & Outdoors

– Tools

– Baby

– Jewelry

– Apparel

Is the Price Locked In With Walmart layaway?

Yes and no.

While the price is immediately locked in when you buy the product and make payments off of it, there may interest charged on your total payment.

Although some select products may have an interest rate of 0% APR, others may have a rate anywhere from 10 – 30% which is something to keep in mind.

Is There a Required Deposit?

No.

You don’t need to “put down” a certain amount of money upfront when shopping using Affirm.

You get to buy and take the item home, then pay scheduled payments via the Affirm app.

Can I Pay Off My Walmart Layaway Early?

Yes.

If you decide to use Affirm, you can definitely pay off your balance early with no penalty.

This can be a great way to save money as you’ll avoid interest charges on the item(s) you buy with the Affirm service.

How Do I Make Payments?

If you decide to use Affirm, you’ll make payments directly on the Affirm app or online.

Here are the steps on how to use Affirm on Walmart.com:

1. Shop on Walmart and when you go to check out, select the Affirm payment method.

2. Select the payment plan you want.

3. Download the Affirm app to complete your scheduled payments on-time, or pay online via affirm.com.

What Happens If I Miss a Payment?

If you do not pay your Affirm payment on time, you WON’T be charged a late fee.

However, you will keep getting reminders to pay your late payment.

Affirm asks that you contact them to let them know that you’ll be missing payments and they’ll work with you on a resolution.

If you continue to miss and not pay off late payments, this can negatively affect your credit score and your likelihood of being able to use Affirm with other purchases in the future.

See Also: Here’s a Clever Workaround to Use Apple Pay at Walmart

Is Layaway for In-Store Shopping Only?

No.

You can use the Affirm “buy now, pay later” service both online and in-store.

Currently, Walmart does not offer a traditional layaway program, so they direct customers to use Affirm.

Ask the Reader: Have you taken advantage of layaway at Walmart? Was it an easy process or not worth it?

By Kyle James

The Amazon layaway payment option provides more flexibility for shoppers to lock in savings and deals, then pay over time, rather than ALL upfront. This can be a game-changer for some shoppers and worth investigating. Not all of Amazon’s products are eligible for layaway; however, for the eligible products, this can provide customers even more versatility in how they pay. Read on to learn exactly how Amazon layaway works and see if it’s right for you.

1. How Does Amazon Layaway Work?

Amazon layaway offers customers the opportunity to pay for qualifying orders over time without paying interest or fees.

Select products are on Amazon layaway where you can pay 20% of the total product price upfront to reserve the item.

Then, you pay 4 additional payments over 8 weeks. Every 2 weeks you’ll be automatically charged equal payments leading up to the 8-week mark.

You can cancel your Amazon layaway purchase at any time to receive a full refund.

2. Is Layaway Available in Every State?

No.

Unfortunately, Amazon Layaway is NOT available in these states: CT, DC, IL, MD, OH, PA, and ANYWHERE outside of the US.

See Also: What is the Amazon Shopper Panel and How Do I Earn Money?

3. How Do I Make a Purchase with Layaway?

To make an Amazon Layaway purchase, head to the Amazon Layaway Homepage for access to countless different layaway items.

Or, look to see if there is the “Reserve with Layaway” feature when trying to purchase on Amazon (not all Amazon items are eligible for layaway).

The option for layaway will be on the product page under Enhance Your Purchase.

Once you’ve selected your items on Amazon Layaway, you’ll have to pay 20% of the total cost, then 4 additional equal payments (2 weeks apart) over 8 weeks.

See Also: Here’s How to Find the Best Amazon Warehouse Deals

4. Are All Items Eligible?

No.

All Amazon products are NOT eligible for layaway.

Only products that have the “Reserve with Layaway” feature near the product name are eligible.

Your best bet is to start on the Layaway page and search products from there.

I had a really hard time finding eligible items at first, and after several phone calls to Amazon I was told that “I’m not eligible for Layaway” (even though I live in California).

Another rep told me that Layaway is “currently under maintenance” as they work feverishly to roll it out to all states in 2023.

I have ZERO idea what the real truth is….stay tuned as I try to figure out what is going on.

Ask the Reader: Have you recently been able to pay for items on Amazon using Layaway? If so, how’d you make it happen? Let me know in the comments, thanks!

5. Is the Price Locked In?

Yes.

Once you pay for the upfront cost of 20% of the total cost, the price will be locked in.

This means if the price were to ever go up for whatever reason while paying off your additional payments, you’ll only need to pay for how much the original price of the item was when you purchased it (not the additional price hike).

6. What is the Required Deposit?

You must pay at least 20% upfront to reserve the item and lock in the price.

Also, with Amazon Layaway, there are NO additional fees, interest, or credit checks.

7. Is Layaway Available Only to Prime Members?

Nope.

All Amazon shoppers, Prime members or not, can take advantage of the Amazon Layaway payment option.

See Also: Did You Know You Can Make an Amazon Return After 30 Days?

8. Can I Pay It Off Early?

Yes.

You absolutely can pay off your Amazon items early and receive them earlier and NOT pay an early payment penalty.

If you want your layaway items delivered by Christmas (and not pay them off early), you’ll need to add all items to layaway by October 23rd.

9. Can I Change My Payment Date?

No.

Once you’ve placed your order you cannot change your payment date.

You will automatically be charged every two weeks over an 8-week time period.

However, you can again pay off the cost early. This is beneficial if you want to receive your purchase faster.

See Also: Does Walmart Have Layaway? Here’s What You Need to Know

10. What Happens If I Miss a Payment?

If you miss your scheduled payment, Amazon will send you an email informing you that your Amazon Layaway payment is overdue.

During this time when your payment is overdue, you will be unable to open any additional layaway items until your payment is provided for your current overdue item.

You’ll have until the next scheduled payment cycle to pay for the outstanding balance.

If you pay for the overdue balance by the next payment cycle, you will then be able to make other layaway purchases again.

However, if you are unable to pay for the overdue payment before the next scheduled payment cycle, your order will automatically be canceled by Amazon.

This means you will no longer receive your order, but you will be refunded for the entire amount you’ve paid for the order up until that point.

You are not charged any additional fees for the cancellation of your Amazon Layaway order.

Ask the Reader: Have you ever used Amazon layaway, especially around Christmas time? Was it worth it or more hassle than it’s worth?

By Kyle James