Here's what I found:
Our layaway plans make it easier to get the things you want. Let's say you see something you'd really like to buy. Maybe it's a hot new product that's selling out fast wherever it appears. Or maybe it's just the thing you've always wanted at a price that's too good to pass up. But let's also say that, for whatever reason, now is not a great time for you to make the purchase.
That's where the Walmart Layaway plan comes in. The Walmart Layaway plan lets you set aside the items you want at their current price and then pay for them over time in installments that work for your budget. All you need to do is open a layaway account and make a down payment of either $10 or 10% of the item price, whichever is greater. (Learn more about the Walmart Layaway plan above.) Then you just pay as you go and before you know it, voila!, your new purchase is yours to take home.
The Walmart Layaway plan is a terrific way to save on the products you want, whether for yourself or as gifts. Start now and your holiday gifts will be yours to take home in time for Christmas. Set up a Walmart Layaway plan to buy something special for yourself or someone you care about in popular categories like Toys, Electronics, Jewelry, Small Appliances and selected Sporting Goods.
You can read all about it here: http://www.walmart.com/cp/Layaway/1088466