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Why Car Rental Companies Insist On Credit Card For Obtaining Reservation or Cheap Monthly Car Rentals ?

As Cheap Monthly Car Rentals  in Randburg all the major car rental companies insist on payments by credit card. This is a standard practice because credit cards are fast, secure and reliable.

Almost every company in the field of car renting demands a credit card while renting the car. Apart from seeking credit card, an authorization is also obtained.

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This is basically done to cover any expenses related to potential damages that may be caused due to a number of factors. In short, the credit card is a kind of security deposit against damage or loss that may be
caused.

In case the car is returned in perfect condition, no charge is levied by the car rental company. In such a case, the only fee charged is the rental fee.

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If there is any damage to the car, the car rental company will instantly charge the damage cover. This is done as per the terms and conditions of the agreement.

The car rental company does not add up to the credit immediately after renting the car. The only amount that is charged is an advanced charge approval.

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This means that some amount is reserved by the car rental company from the credit card. This amount is reserved as an amount that you may have to pay in case of damage to the car.

The car rental companies do not accept debit cards or a check card. The main reason is because it is not possible for the car rental companies to process advance charge approval for the car damage.

Interesting Facts About Cheap Monthly Car Rentals in Woodmead :

About Cheap Monthly Car Rentals in Woodmead :

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All the major car rental companies insist on payments by credit card. This is a standard practice because credit cards are fast, secure and reliable. Almost every company in the field of car renting demands a credit card while renting the car. Apart from seeking credit card, an authorization is also obtained. This is basically done to cover any expenses related to potential damages that may be caused due to a number of factors. In short, the credit card is a kind of security deposit against damage or loss that may be caused. In case the car is returned in perfect condition, no charge is levied by the car rental company. In such a case, the only fee charged is the rental fee. If there is any damage to the car, the car rental company will instantly charge the damage cover. This is done as per the terms and conditions of the agreement. The car rental company does not add up to the credit immediately after renting the car. The only amount that is charged is an advanced charge approval. This means that some amount is reserved by the car rental company from the credit card. This amount is reserved as an amount that you may have to pay in case of damage to the car. The car rental companies do not accept debit cards or a check card. The main reason is because it is not possible for the car rental companies to process advance charge approval for the car damage.

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Car hire companies in the UK, like every other car owner in the United Kingdom are required by law to have insurance for the vehicle covering third party risk. This mean that the vehicle has to have insurance cover for the eventuality that the vehicle is involved in an incident in which third party property is damaged or a person is injured.So when you rent a car from a car rental company in the UK this insurance cover will be in place without you having to pay for it directly as part of your rental cost. The car is likely to have comprehensive insurance included in the rental cost. This covers the cost of repair to the vehicle in the event that it has been damaged.However, due to the insurance costs incurred by the car hire company, they normally try to offset their costs by having an insurance excess or deductible on their policy. The excess amount could be in the region of GBP 600.00 and could be more if the vehicle is a premium type car, like a sports car.The car rental company make the person hiring the car responsible for the insurance excess amount. This means that in the event that the car is damage, the renter would be responsible for the first GBP 600.00 of damage to the car, if the excess has been set as GBP 600.00. By doing this they reduce their insurance costs and also give the renter an incentive to try and avoid the vehicle being damaged.When a vehicle is returned damaged to a car rental location, the car rental staff will normally work off a chart of sorts to establish the approximate cost of repair. They will then apply this cost to the hirers credit card. In the event that the cost of repair is actually less than the amount charged to the credit card, there is some doubt that the car rental company actually contacts the hirer to refund the difference. The hirer should make a point of contacting the car rental company to establish what the exact of cost of damage was in case they are entitled to a refund.

Car Rentals - Making Your Journey Easier

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One of the United States' largest cities is Boston, which is always over crowded and is the center of attention of tourists and travelers. Boston Car Rentals have an immense worth as the possibility of catching a cab at the right time is near to none. Presently this problem has been overcome by different rentals companies which ensure travelers and tourists to get a rental at the right time.Any sort of damage done to car will result in paying handsome amount of money to company. Also, you have to pay rent of the car for all those days when it was on repairing. To get rid of troubles make sure you stick to the rules as well as drive carefully. While going for Boston Car Rentals make sure you focus on the above prescribed useful tips for better results.

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