Kmart Layaway Program
Layaway Fast Facts:
Layaway contract durations are:
o Online: 8 weeks
o In-Store: 8 or 12 weeks
The Initiation Fee on all new Layaway contracts is:
o $5* for an 8 week duration or
o $10* for a 12 week duration
The Down-payment is collected when the merchandise is put on Layaway and is:
o $15 for 8 week or $30 for 12 week durations
o or 10% down payment (whichever is greater)
The Cancellation Fee on all new Layaway contracts is:
o $10* for 8 week or
o $20* for 12 week durations.
The bi-weekly (every two weeks) payment schedule for all new Layaway contracts would
be :
As long as the payments are made on time, the merchandise will be held for you
o 25% of the original balance due for an 8 week or o 17% for a 12 week duration
Layaway merchandise will be returned to stock seven (7) days after a missed payment* Unauthorized Merchandise
The following merchandise cannot be put in Layaway:
Beer, wine, and cigarettes
Flammable products and fuel
Food and other perishable merchandise
Live plants and horticulture
Oil and chemical based products
Photo Finishing and Portrait Studio pictures
Chemicals
Gas additives
Magazines
Paint thinner
Prescription drugs
Pool chemicals
Cellular phones and beepers
Personal Computers
Layaway Transaction Rules
You can use one or any combination of these acceptable payment options:
o In store: Cash, Check, Debit Card, Kmart Cash Card, coupons or EBT Cash
(Note: EBT food stamps are not allowed)
o In store and online: credit card (Sears Card, Sears MasterCard, Visa,
MasterCard, Discover, American Express), Kmart Gift Card.
New Layaway contracts cannot be created if you have other delinquent Layaways
contracts
No partial takeouts or partial cancellations are permitted
Except where prohibited by law, there will be no price adjustments after 7 days from the
date you start your layaway. Multiple price adjustments on the same items are not
permitted. Price adjustments are not allowed on seasonal or clearance merchandise.
Person initiating Layaway must be the same person finalizing Layaway. A picture ID is
required for all new Layaways, pickups and refunds.
If you make a payment that is less than the minimum amount due; your payment due
date is not advanced to the next biweekly cycle. You are still obligated to fulfill the rest of the current payment balance before the system will advance your next payment due date
Additional provisions for online layaway customers
The merchandise must be available at the local store for pick up in order to be placed on Layaway. Look for merchandise with the Layaway icon to determine eligibility
Home Appliances eligible for layaway in-store only
Access layaway contract management functionality through Clothing, Toys, Electronics, Jewelry, Jaclyn Smith - Kmart.com or
click on your Open Orders in the Order Center portion of your Profile Contract cancellations are not allowed online
Layaway contracts must be picked up in store where merchandise is being held within 5
days after the final payment is made
Price adjustments cannot be facilitated online
*State rules apply. See store for details.
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