Detailed text transcripts for TV channel - FOXNEWS - 20111114:10:52:00
Outright. one is to pay bit by bit until you own it, as you just heard, senator schumer says laying away is really giving away. and to the store. he believes your a giving a big present to retailers, one that isn't fair to consumers. and he warns when you pay a layaway fee and a down payment that often acompanies it, you're getting hit with interest charges far beyond those with typical created cards, double and even higher the highest card rates. and he wants major retail organizations to get their members to list the costs in terms more clearly to customers, but at least one industry rep say...