It depends on the rental company's policies. Most rental companies I'm aware of require a major credit card to keep on file in case the customer damages the vehicle in some way (such as destroying the inside of the car, breaking seats, spilling 5 gallons of coffee on the carpeting -- and yes I've seen that), or otherwise fails to fulfill their financial obligations in the contract.
There are some branches even with the same company that will take a cash deposit, while other branches will not. I would recommend calling different rental companies and asking about their cash policies and whether they will accept cash only for a rental.
If you mean why is it easy to get in credit card debt, it is because you are not using cash when you purchase. Instead, you are using a plastic card to pay for your purchases. So, you can't keep track how much you have been spending.
cash substitutes
Cause you didn't pay with cash in the first place? Otherwise why are you using a credit card?
Using a credit card to obtain cash is NOT a good idea. If you need a cash loan it is better to negotiate this from your bank directly.
Cash advance on a credit card is obtained by using the credit card in an ATM machine and taking more than the balance of your account. Then one goes into cash advance state, where one gets cash in advance.
a loan
The chase card offers rewards to those who use the credit card. It is a credit card that rewards the user for using the credit card. Cash back offers is one of the types of rewards one can earn from using the card.
To get cash from an ATM using your credit card, you need to have a PIN. The companies also tend to send checks for your use periodically. HOWEVER, you should be aware that higher rates and different rules apply to cash advances. Generally, it is not wise to use the card in this manner unless you have an outstanding credit in your account.
It means you get a Gamestop gift card instead of cash.
One reason choose to use a credit card such as Visa or Mastercard instead of cash for a large purchase would be to earn points on their credit cards. Some credit cards offer extra protection or warranty on an item if it is purchased on their credit card. Others may offer different rewards for dollars spent on their credit card making it to the consumers advantage to earn points or even dollars off future purchases. Other reasons for using a credit card may be if the purchaser does not have the cash at the time, they would be able to pay for the item at a later date.
Some advantages of using a credit card cash advance are summarized as follows: * Cash credit lines are relatively generous and one may be able to get more cash from a credit card line than they would otherwise be able to * Credit card cash advances may be taken from ATMs or banks around the world - there are few limits on where one might obtain a cash advance * The costs for taking a credit card cash advance are significantly lower than those associated with auto title loans and payday loans Some disadvantages of using a credit card cash advance are summarized as follows: * You will need to have set a PIN in advance; otherwise, you will discover that the transaction cannot be completed * The costs are still steep for credit card cash advances - up to 5% of the transaction and immediate finance charges of up to 28% * The issuer will reduce (or completely close) your credit line if you are not an established customer
Using a credit card that gives you airline miles for purchases you make on your card is a great way to fly for free. Simply charge your credit card every chance you get instead of paying for it in cash. Then pay off your credit card at the end of the billing cycle with the cash you would have spent. Continue doing this in order to build up as many airline miles as you can and you will soon be flying for free.