Layaway is a flexible, interest-free payment option that allows you to reserve furniture without paying the whole amount upfront. Surplus Furniture’s 100% FREE layaway program lets you choose your payment schedule, lock in pricing, and avoid credit checks or financing fees.

Shopping for furniture can sometimes be stressful, especially when it comes to payment. Will that be cash, credit, or financing? These options don’t always work for everyone. There are downsides and risks. Sometimes, it’s simply a case of needing an item but not having the full funds immediately.

At Surplus Furniture and Mattress Warehouse, we offer an additional payment option for all our customers. It’s a 100% FREE Layaway! Did you know Surplus Furniture is one of the only furniture companies offering this payment plan? 

It’s a great offer that makes furniture more affordable and accessible. But what is layaway anyway, and how does it work?

How Does Layaway Work at Surplus Furniture? 

Great question. Simply choose your furniture, then select the 100% FREE Layaway option for payment. Select a payment amount that suits your budget and payment schedule. We offer our customers complete control with scheduled payments, no matter their credit history. Here are the details.

Control Payments 

Pay what you can afford, when you can afford it. It's that easy with layaway purchases. Most financing/credit card options set your payment plans and amounts, but not with our layaway plan. Choose a weekly or monthly payment plan; it's your choice.

Pay Flexibly 

If you have more flexibility at the end of the month, your payments can be adjusted accordingly to settle the outstanding balance more quickly. If you encounter unforeseen expenses, don’t stress. Lower your regular payments and cover the gap when you're able. It’s as simple as that. There are no interest fees in our online layaway services.

Did you know Canadian consumer debt levels rose to $2.5 trillion in the second quarter of 2024? The average Canadian has $3,929 in credit card debt. Add roughly 29% in interest fees, so it’s no wonder people struggle.

Don’t Pay Interest Fees 

There are no interest fees with our 100% FREE Layaway purchase program. You pay the cost of the layaway items, nothing more. Not even administration fees or a single service fee!

Most financing companies have a set (or flat) administration fee when you buy online, just to have the convenience of borrowing money. This fee can be several hundred dollars, which is non-refundable. 

Our 100% FREE Layaway program is just that: FREE. There’s no cost to use our layaway program.

Surplus Furniture store with items on display

Layaway Programs vs Other Payment Options 

Let's compare layaway programs to other payment options to see why they are better for you.

Cash 

Cash requires a significant upfront investment, and not everyone has sufficient funds when needed. Even so, it’s an added effort to go to the bank (or pay extra at an ATM) to withdraw the necessary amount. Additionally, not everyone feels secure carrying a large sum of cash.

Credit Cards 

Credit is an easy option, but with a 29% interest rate on most credit cards, a $1,000 sofa set now costs $1,300. Not everyone has sufficient funds to cover these financial obligations. This is also a common pitfall. 

People can add to their credit card balance, thinking they’ll pay it off, but to pay interest and extra fees, the amount can quickly become insurmountable. Then they end up with bad credit, making future finances more difficult.

Financing 

Financing works the same way. The longer the financing term, the more you pay in interest, not to mention the upfront administration fee to set up the account. Rent-to-own furniture can be deceivingly expensive, with high interest fees combined with a large buyout option at the end of the term. So, you can either pay the full value today or borrow and pay the full value (plus interest) later.

The Benefits of Our Layaway Program 

Our layaway plans program is one of the reasons people love to buy from Surplus Furniture. It offers customers the chance to secure brand-name furniture at warehouse pricing with flexible payment options.

  • No interest fees
  • No storage fees
  • No admin fees
  • No credit checks
  • Price hold protection
  • Guaranteed lowest price
  • Flexible start-up deposit
  • Flexible bi-weekly installments
  • No time restrictions
  • Just-looking guarantee (cancel a layaway within 10 days)

A family testing mattresses with a sales representative

How to Use Our Layaway Purchase Program 

Using our layaway program is as easy as three steps. 

  1. Select your furniture and choose the layaway program as the payment method. The only cost is the initial payment, which is applied directly to the item you place on layaway.
  2. Pick up items as they’re paid for. If you have several items on your layaway, you don't have to wait to take them home and enjoy them. You can pick them up as paid for.
  3. Lock in the price. See a promotion you can't pass on, but your next paycheque is a few weeks away? No worries—lock in that price today. Take advantage of the promotion without waiting for your next one. If the price of the product increases, you’ll still pay the lower price. There’s no point missing a great deal today.

Get Warehouse Price Furniture With Our Layaway Program 

Our Layaway Program is designed for the consumer. Shop the items you love without the pressure of full payment right away, and build good credit. You never know when you’ll find your dream piece, and you might not always have the funds right away. 

Shop with our Layaway Program for flexible payment options and zero hassle. Browse our collection today at the nearest stores, and speak with a representative if you have any questions.

Key Takeaways 

  • Layaway lets you reserve furniture with flexible, interest-free payments.

  • Surplus Furniture offers a 100% FREE layaway program with no fees or credit checks.

  • You choose your own payment schedule: weekly, monthly, or flexible.

  • Lock in today’s price and pick up items as you pay them off.

  • Layaway avoids credit card interest, financing fees, and debt risks.

  • Ideal for shoppers who want affordability without borrowing or paying upfront.

  • No time limits, no storage fees, and a 10-day cancellation “just-looking” guarantee.