Does Home Depot Have Layaway? (Try This Instead)

Layaway has become increasingly popular as a financing option for customers looking to buy high-value items such as major appliances and equipment in the past few years.

Since Home Depot offers a number of financing opportunities on high-value merchandise, you may be wondering – does Home Depot have layaway? Here’s what you need to know!

Does Home Depot Have Layaway?

Unfortunately, Home Depot does not offer layaway as Home Depot uses a financing program instead. Alternatively, Home Depot customers can take advantage of buy now, pay later services such as Klarna and QuadPay, which Home Depot accepts.

If you want to learn more about why Home Depot does not provide layaway, what alternatives to layaway Home Depot offers, and much more, keep on reading!

Why Doesn’t Home Depot Have Layaway?

Many stores, such as Home Depot, have disabled in-store and online layaway plans, as many agreements are incomplete.

Also, layaway requires the retailer to reserve a product, which means the store can potentially lose valuable sales, mainly if the layaway is left incomplete.

Instead, Home Depot encourages consumers to use alternative purchase methods that are more beneficial to the company and the customer.

Does Home Depot Have Layaway Alternatives?

Does Home Depot Have Layaway Alternatives?

Although layaway plans are unavailable at Home Depot, there are plenty of other payment methods you can use to make products more affordable.

Here are the alternatives you can use:

Buy Now Pay Later Sites

‘Buy now, pay later’ sites are extremely similar to layaway plans.

However, instead of reserving the product until all payments are made, you can receive the item straight away and pay off the outstanding balance over an agreed time.

At, you can use Klarna U.S. and Quadpay to purchase general merchandise (furniture, home decor, paint, plants, etc.), power tools, hardware, building materials, and outdoor equipment.

To use these sites, you will need to download the app (for Klarna U.S. or Quadpay) to your Apple or Android smartphone.

Next, enter the app, search for Home Depot, add items to your cart, and checkout with Klarna or Quadpay.

Klarna splits the total cost into 4 smaller interest-free amounts, which are payable every 2 weeks.

Meanwhile, Quadpay also splits the bill into 4 installments that are spread over a period of 6 weeks.

Note that you cannot use these sites to pay for a rental deposit, installation fee, customizable products, or anything from the design center.

A Home Depot Credit Card

Applying for a Home Depot credit card that suits your needs is another great way to break down high costs.

The Home Depot Consumer Credit Card is best suited to those that frequently shop at the retailer.

You can receive up to 6 months of financing on purchases of $299 or more and 24 months on special promotions.

Additionally, cardholders are not required to pay interest if an outstanding balance is repaid within 6-months.

If you’re looking to separate the cost of a large project or multiple products in one, you may prefer The Project Loan Card.

Cardholders can borrow up to $55,000 within 6 months and be charged reduced monthly payments as they repay the loan.

For example, $20 monthly if you borrowed $1,000, $100 if you borrowed $5,000, and $200 monthly for $10,000 loans.

Do Other Stores Offer Layaway?

If Home Depot’s alternative purchase options aren’t suitable for you, plenty of other retailers offer layaway plans.

During the Christmas period, Walmart offers layaway plans that help you spread the cost of your Christmas shopping.

For perspective on repayment, Walmart provides the following example: For a purchase of $150, the customer will pay $13.92 per month for 12 months (20% APR).

Other stores that support layaway plans include:

  • J. Maxx and Marshalls
  • Sears
  • Kmart
  • Home Shopping Network
  • QVC

If you are looking to learn more about layaway plans, you might also be interested in reading up on whether or not Sam’s Club has layaway, if Best Buy has layaway, and if Walmart has layaway.


Customers cannot receive layaway at Home Depot stores or online. Instead, you can purchase selected merchandise on finance with The Home Depot Consumer Credit Card.

Alternatively, you can separate the total cost into 4 installments with Quadpay or Klarna. Layaway is available at Walmart (during Christmas), T.J.Maxx, Kmart, and Sears.

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Marques Thomas

Marques Thomas graduated with a MBA in 2011. Since then, Marques has worked in the retail and consumer service industry as a manager, advisor, and marketer. Marques is also the head writer and founder of

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