What was true about both credit and Lily plan what was true about both credit and layaway plan?

Both credit and layaway plans allow consumers to purchase items without paying the full amount upfront. With credit, consumers can buy items immediately and pay the balance over time, often with interest. In contrast, layaway requires consumers to pay for the item in installments before receiving it, typically without interest, making it a more structured approach to budgeting. Both options enable consumers to manage their finances while acquiring goods.