Typically, car renters use a credit card to book and pay for their rented vehicles, which can cause concern for a recent bankruptcy filer. Luckily, this, is not always the case. Some car rental companies may allow you to simply pay for your rental with cash.
Cash-based car rentals may be helpful for people who have recently received a bankruptcy discharge, especially if they do not have a credit card. You may wish to contact a car rental agency to determine their policy on cash rentals.
Life after bankruptcy does have a few complications, particularly if you have very low credit or do not own a credit card. The modern world, though, is often willing to accommodate drivers in your situation.
If you are trying to rent a car after bankruptcy, consider the following:
Thus, renting a car after filing bankruptcy may pose some challenges, but with a little imagination and some polite negotiating, you could be able to borrow a car without having to use a credit card as payment.
Of course, renting a car after bankruptcy may become easier once you have restored the health of your credit. After bankruptcy, there are several steps one might take to begin improving credit. This may include:
After you've begun taking steps to rebuild your credit after bankruptcy, you may be able to go about renting a car with relatively few problems. You may also be able to rent a car immediately after bankruptcy, depending on the rental agency's policies and your local bankruptcy laws.
To learn more about rebuilding your credit, or what to expect after filing for bankruptcy protection, contact a lawyer today. Use the free case review form on this page to get started now.