Does Walmart Have Layaway In 2022? (Your Complete Guide!)

Walmart sells more than just everyday items in its stores. The company also offers higher-ticket items such as TVs and furniture.

If you don’t have the funds to purchase an entire item from Walmart, how can you get around it? Perhaps you are wondering if Walmart offers layaway plans. It was something I had been curious about, and I’m glad I did!

Walmart will offer a Layaway program in 2022

Walmart provides layaway for orders greater than $50 between August 28 and December 14, as well installment plans through Affirm all year, starting in 2022. Through Affirm, payment plans range from three to 24 months for purchases up to $2,000. Affirm offers payment options that last from three to 24 month for purchases of up to $2,000, depending on the credit you have and when it is year.

You can read on to learn about Walmart Layaway.

Does Walmart Offer Layaway Payment Plans?

Walmart offers in-store layaway payments plans. Walmart Layaway is not available between August 28th and December 14th.

Some Walmart stores offer layaway payments plans all year for jewelry purchase.

To find out if your Walmart has this service, ask either a Walmart associate or manager.

Walmart does not offer a year-round layaway, but it offers installment financing options through Affirm, which allows you to split your purchase into smaller monthly payments.

Walmart Layaway Available For All Purchases

Walmart Layaway is available only for in-store orders. Walmart Layaway is not available for online orders.

Affirm offers installment plans that you can use to purchase online.

Walmart Layaway Program:

Walmart’s layaway program is easy and requires only a few basic steps.

To start a layaway plan, you can bring the items back to Customer Service or the Layaway Counter after your shopping trip.

Walmart then asks for a down payment of either $10 or 10%, depending on the amount.

You may then pay layaway at any Walmart register where the item was purchased.

The following are other important facts about Walmart Layaway

There are no fees for opening

To qualify for layaway, individual items need to be $10 in price.

Minimum purchase $50

Layaway at Walmart: What should you know?

You should be familiar with the following information before you sign up for Walmart Layaway. Let us take a look at them in greater detail:

1. Terms

Walmart Layaway starts on August 28th and ends December 14th, as previously mentioned.

Walmart has stipulated that your final payment must be received at the exact store from which you purchased your item.

If you don’t follow this policy, your account will be canceled.

2. Cancellation Policy

If you decide to cancel your Walmart Layaway account, the items are returned to inventory.

Also, your down payment and any payments made are refunded to you, minus a $10 cancellation fee.

The cancellation fee is different in each state, so ensure you carefully read everything before you place anything on layaway.

3. Age Requirement

Walmart Layaway financing with Affirm is only available to those who are at least 18 years.

You must be over 18 to make payments and pick up your item.

4. Return Policy

Walmart’s generous 90 day return policy applies to all Affirm or layaway transactions.

Are There Exclusions to Walmart’s Layaway?

Walmart Layaway program is not without its limitations. Here are some restrictions:

You can’t set up layaway plans inside the store

This excludes wireless phones

Available only on Thanksgiving

Additional restrictions will vary from store to store

What Can You Put on Layaway at Walmart?

You are able to purchase many different products through either the Walmart Layaway Plan or the Affirm installment Plan.

Walmart Layaway may be available in certain product categories such as the following:

Electronics, without service plans

Toys

For small appliances

Furniture for Large Spaces

Auto Electronics

Sporting Goods (select items)

Jewelry

Infant Toys

Infant Furniture

For more information about Walmart’s Holiday Layaway Plan, please contact your local Walmart.

To locate the contact number for Walmart’s store in your area, type in your zipcode on walmart.com’s store locator page.

You’ll then see all relevant information regarding your Walmart store.

Does Walmart Offer Installment Financing?

A partnership with Affirm allows Walmart to offer installment financing any time of the year.

Installment financing can be used for both in-store purchases and online, with payments plans that range from three to 24 monthly.

You can apply online for installment financing through affirm.com/walmart, before making in-store purchases. Next, select your preferred payment plan. Finally, scan your single-use code at the register.

Affirm allows you to pay your bills online. For online purchases, choose “Affirm” as a payment method, and apply for a loan to pay for your items.

Affirm also offers the following benefits:

No late fees

No fees for prepayment

Annual fees are not required

No hidden fees

Your Affirm account is open and closed without any service fees

Indicate clearly the amount of interest that you will pay

It will show you exactly the terms of your mortgage

How long is the repayment deadline for Walmart loans?

Customers may choose to finance their purchase for 3 to 24 months, depending upon the total amount.

So, for example, you have 3-6 months, 6-12 months, and 12 month to pay your cart totals of $144-$799.99. You have 12-18, or 24 months to pay cart totals of between $800 and $2,000.

Walmart’s APR

Walmart APRs can vary from 10-30% to suit customers’ credit. However, sometimes Walmart offers a 0% APR special.

Either way, your APR appears in the Affirm app while you checkout.

You can save even more on your Walmart next order by reading our guide on Walmart hacks. We also have guides that will help you determine if Walmart accepts coupons and Walmart rollback.

Conclusion

Walmart provides a payment plan for layaway, but it’s only available between August 28 and December 14. Walmart Layaway only works for in-store orders. For online purchases, it is currently restricted.

Walmart has a partnership arrangement with Affirm that allows you to get installment financing for year-round purchases and online.

.Does Walmart Have Layaway In 2022? (Your Complete Guide!)