Miami Herald, September 10, 2012, Monday

Miami Herald

September 10, 2012, Monday

Miami Herald (full article)

Critics offer caution on consumer layaway programs

“People want the feeling like they are able to buy what they want today, but they’re not actually buying it. They’re putting it aside and paying a higher price for it,” said Louis Hyman, an assistant professor at Cornell University’s School of Industrial and Labor Relations who’s the author of the book “Debtor Nation: The History of America in Red Ink.”