Big Lots is an American e-commerce store well known for providing its customers with furniture of all types (seasonal, soft, and home), consumable food, electronics, toys, and other accessories as well. Big lots is a brand name that is famous worldwide for its services. It has almost 1,414 stores in 47 states. Big lots act as a mediator between the consumers and producers of various goods and other resources.
No, Big Lots does not have layaway. But they do have other alternatives which can be used instead of layaway. Consumers use layaway when they are not in a position to pay for the product they wish to buy. Layaway allows people to pay for the product in installments and take the product with them when they have fully paid for their purchase, and until then, the store will hold the product for them. This is not allowed at Big Lots. To know all the other alternatives Big Lots offers on their products, keep reading.
Layaway Alternatives At Big Lots
As mentioned above, Big Lots does not have layaway programs but they do offer some alternatives, and we will be discussing each of the alternatives briefly to help you explain better.
- Progressive Purchase Program: Big lots have a Progressive purchase program for furniture products and other seasonal home items. You are eligible to apply for this program only if your minimum purchase is equal to or above $150. This program is not available at every store of Big Lots it is limited to certain states and locations. The time limit for this program to last is just 12 months. Big lots do not manage their Progressive Purchase Program by itself they have a third-party company that does that work on their behalf.
- Price Hold Program: This program of Big Lots is only for those products which are currently out of stock or are way too expensive for the customers to buy in one go. Price Hold Program is available at the stores which sell types of furniture and other expensive items. This program will help their customers to buy the product of their choice in installments. For this, the customer needs to sign a contract with the company stating that the company will guarantee the price while the installment is being paid by the consumer.
These were the two alternative layaway plans at Big Lots. Now let’s discuss the products where these alternative layaway programs work and who is eligible to apply for these programs
Name The Products Eligible For Alternative Installment Plans At Big Lots
Not all the products qualify for these alternative installment plans. This is because these installment plans are usually for an expensive product and anything that is less costly and can be purchased in one go is not available for these plans. You need to purchase items of over 150 dollars to qualify for the progressive purchase plan and buy expensive furniture to be eligible for the price hold program.
Below are some of the products that qualify for Price Hold and an easy leasing plan.
- Furniture like sofas, loveseats, sectionals, and dining sets.
- Patio furniture, gazebos, umbrellas, and chairs.
- Mattresses and other selected home items
Big Lots Credit Cards
Big Lots also offers credit cards to their customers. Those credit cards have various promotional plans which help customers to be financially flexible and shop without the worry of overspending. The credit card promotional plan states that if someone buys a product worth $250 and repays the amount within six months then no interest will be charged from them. The same thing applies to the customers who buy products worth $750 which is payable within 12 months. So, if you want to purchase items in installments and don’t want to pay any interest then you should opt for Big Lots credit cards.
Conclusion
Big Lot is a general store that has all the products of general use. When customers want to buy something, they know they cannot pay for it right now but will pay eventually then for those people, Big Lots have some installment plans. Big Lots does not do layaway, but they sure have some alternatives which were discussed above quite briefly. We got to know what are the products that are eligible for the plans and the benefits of having Big Lots credit cards were also discussed.
Frequently Asked Questions
- Are Payment Plans Available At Big Lots?
Yes, payment plans are available at Big Lots but only at those stores that have types of furniture. Once you have purchased a product using a payment plan at Big Lots, then the installment amount will be automatically paid from your account until the full amount is paid.
- Is There A Cancelation Fee At Big Lots?
Yes, Big Lots charge 5$ as a cancelation fee when you cancel your order.
