Credit Card for Rent-A-Car

[Amy26]

As I said your logic is sound and it is your opinion. I do NOT believe that all bankruptcies happen for the reason you describe. There are a variety of cause and effects for every situation but I do not believe soley that bankruptcies happen just because of the inability to ride it out... how long is sufficient? Should someone be able to ride it out for 1-2 years? 10? Where do you draw the line with how much someone should have saved up to survive in the event of a catastrophe?

Or how bout you just wanted out of a home that would never break even? Did I have a bad loan with crappy terms? No... Did I have a mortgage I couldn't afford? No (Course not till I hit month 9 of zero income which I had plenty saved up to get me through till month nine). Did I have a home that dropped in value over 150k in 2 years? Yes. Did I want it anymore? No. Is that my choice? Yes.

Life is about choices and doing what you're comfortable with. It doesn't have to be this big ethical debate about morality and existentialism because someone wants to rent a car. And I don't believe you should have the "need" to say what people need and what they don't need. Do I "need" an apartment? In a literal sense no, I can go live outside and "take my chances". Do I "need" to wear clothes? No... Do I "need" to brush my hair? No... but then you get into another layer.... if I don't wear clothes and I don't brush my hair, will my boss fire me? Then I guess it does become a "need".

I'm a firm believer in Confucianism... truth is relative and there are no aboslutes.

[backtoschool]

I get that, but that is the slippery slope. That is how we manufacture justifications for things we really don't need. I agree, I am not talking about a life spent in manufactured poverty, but it is helpful for reset the mindset and at least consider alternatives to the "easy" option.

I think we are agreeing more than disagreeing. A lifestyle change was very necessary for me as part of my bk process. Learning wants versus needs was part of that lifestyle change for me. But I am against the white knuckling "put everything in the bank and never spend again" mentality. I think somewhere between the extremes of spending beyond ones means, and never spending at all, there is a happy, fiscally sound middle ground.

[dumpinmydebt]

Hi All!! So My BK was discharged earlier this month.. I work for the airlines, and would need/like to rent a car when I travel. Most rental cars companies run credit to check " credit worthiness" when using a debit card and my credit is a beautiful 590 score! Credit cards is what got me in my huge BK mess, but I don't think there is any other option? What do you all think about this issue?

Danka!

Kristen!

I am personally not against credit cards (when used responsibly - not saying using it to rent a car is not). However, the statement in bold is why I advised the OP to not get the credit card if they did not have to. This statement makes me think that they are somewhat afraid of what may happen if they do get a credit card. In that sense, it would be best for them to wait a little bit before getting another credit card, especially since there are other options available to them at the moment.