RAB Research Archive

Layaway loans are back, with a new look



Once primarily used for financing purchases such as washing machines or winter coats when the economy was floundering, layaway has a whole new look. Now called point-of-sale loans, installment payments are once again shaking up how consumers finance purchases — on everything from sneakers to skin care.

Source: CNBC



View or Download: https://www.cnbc.com/2019/05/21/layaway-loans-are-back-with-a-new-look.html

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