My name is Carrie Smith and I’m a debt hater just like Martylio. I’m a Certified Bookkeeper and the financial writer behind the personal finance blog Careful Cents. My motto is love what you do, and do what you love while making cents of life. I’m so thankful to Martylio for letting me guest post on his awesome website, enjoy.
“You can only rent a car with a credit card!” That was the topic of a recent conversation (aka argument) I was having.
One of the most common reasons for keeping and using a credit card is because you NEED it to rent a car.
Well with my recent personal car rental experience, I have gone through this process first hand, and here are a few facts I discovered.
– Not all companies require a credit card
Yep, I paid with a debit card (gasp!). I was kind of surprised because all the advice I’ve ever heard is how you can only rent a car with a credit card. So I asked the manager “I don’t have to pay with a credit card?” He said no, and all they require is for me to fill out a paper with my name, address and phone number.
– They don’t always do credit checks
The only reason most companies require a credit card, is because they use it as proof of good credit. Otherwise they will run a credit check. Some places will ask for copies of 2 utility bills and a $250 deposit (refundable on return) instead of running a credit check now. The manager also said that since my car is in the shop getting repaired, that’s good collateral too.
No more excuses
Lots of people will use the excuse that you need to keep a credit card in the event you have to rent a car, but as you can see that isn’t always the case. And for me, this is great news, since I am not a big fan of credit cards. Plus, the next time I get into an argument with someone about this fact, I will have some good research to back it up.
Yes, some companies still require a credit card instead of doing a credit check, but more and more places are offering other alternatives since the economy has changed.
A lot of people like Martylio and myself, have found that using credit too much can get you into a lot of trouble, and we are using other methods of payment.
Now, there are no more excuses to keep a credit card as a crutch, at least for this particular reason.
What are your experiences with credit cards and trying to rent a car?