The Schumckster’s owned by the credit card companies.
The winner. $5 plus cost is the total fee. How the Schmuck comes up with his figures is beyond me. Any money paid aftet the $5 goes 100% to the cost of the items. What part of a minimum of 10% to place an item in lawaway does he not understand. It is not 10% interest it is 10% toward principle or cost of item. That is simply to discourage someone from overspending. Generally most persons have 10% of their layaway purchase price on them. Layaway has worked in this manner for decades.