Expert help to keep you from losing your way on layaway - FOX 10 News | myfoxphoenix.com

Expert help to keep you from losing your way on layaway

Posted: Updated:
Good Day's Gurvir Dhindsa and financial advisor Mark Lloyd Good Day's Gurvir Dhindsa and financial advisor Mark Lloyd
ATLANTA -

Don't wait! Many stores are already touting their layaway programs to help with holiday shopping.

And, while a store's plan can make sense on paper, there could still be some pitfalls you need to be sure to avoid. Here is a list from financial advisor Mark Lloyd:

- Make sure there are no fees or interest.
- Don't charge unless you can pay off the balance.
- Check the return policy.
- Be careful with the mom & pop operations.
- Watch out for fraud!

CLICK ON THE VIDEO ABOVE TO WATCH THE FULL REPORT!

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