Rental car companies will check to make sure that the name on the debit card you re using is you. Th

If you re a MoneyTalk european car rental company reader, you re probably aware that, not only do I not endorse credit cards, I don t have any. My husband and I have stuck to the basics by either european car rental company paying with cash, check or debit card. It s definitely helped get our finances in order and we re in a much better position european car rental company than we were when we relied on plastic. There are concerns that there s too much work involved by not using credit cards for simple things like online purchases, hotel reservations and car rentals. Although we ve never had problems with using our debit card, there are some things you need to consider when you rent a car. Here are 10 things to keep in mind when renting a car with a debit card:
It s important to find a rental car company with fewer restrictions on non-credit renters. Policies vary from branch to branch, so be sure to call several. Be sure to keep in mind what is posted on their corporate sites when you speak to an agent.
Credit cards allow renters to quickly drive a car off the rental lot without having to stand in line. This is typically not the case for those using debit cards, so be sure to consider the rental counter line when you pick up the car. The extra time simply accounts for the agent conferring with management, credit european car rental company check, and verification of your identity, insurance, and/or bank.
It s common for rental car companies to place a hold (deposit) on your checking or savings account that s linked to the debit card you re using. The amount can be anywhere from $200-500, on top of that rental car cost. These holds can tie up that money from 24 hours to 14 days, depending on how long it takes your bank to release the funds.
Many of the the major rental car companies will run credit checks on renters who don t pay with plastic. They need to make sure that you are not a credit risk before you can be entrusted with a $20,000-30,000 vehicle. These credit checks will show up on your credit report as inquiries, which, if you have too many, can have negative european car rental company effects on your credit score.
Some rental car companies require some paperwork if you re not paying with plastic. Common requirements include a recent utility bill, proof of auto insurance and/or a return plane ticket or itinerary.
Rental car companies will check to make sure that the name on the debit card you re using is you. They will not allow you to use anyone else s card, even if it s a spouse or parent. The name on the debit card must match your driver s license, insurance cards and other documentation mentioned in number 7. This is also the case with credit cards.