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I've always wondered... Part 2 haha

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Anonymous
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I've always wondered... Part 2 haha

 I've also always wondered..  I'm a student but is there honestly a difference in applying as a student and applying as employed? 

Message 1 of 10
9 REPLIES 9
Anonymous
Not applicable

Re: I've always wondered... Part 2 haha

i think so.... im a student but i have a full time job and therefore i dont use the student option.

 

 

i also wonder if it rent, own or other affects too! ?

Message 2 of 10
astrangerwcandy
Contributor

Re: I've always wondered... Part 2 haha

Probably, and for the same reason you can't even rent a car until you are 25. Students are likely viewed as riskier.

Message 3 of 10
Anonymous
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Re: I've always wondered... Part 2 haha


@astrangerwcandy wrote:

Probably, and for the same reason you can't even rent a car until you are 25. Students are likely viewed as riskier.


True that

Message 4 of 10
Anonymous
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Re: I've always wondered... Part 2 haha

false that. you can rent a car younger than 25
Message 5 of 10
astrangerwcandy
Contributor

Re: I've always wondered... Part 2 haha

If you want to pay significantly more money yes. That's to offset the riskiness of youth Smiley Happy

Message 6 of 10
Anonymous
Not applicable

Re: I've always wondered... Part 2 haha

um so $50 deposit is significantly more money? lol. no. i am 23 and am in a rental now with a $50 deposit refundable to me once i return the car.
Message 7 of 10
AeroKrix
Frequent Contributor

Re: I've always wondered... Part 2 haha


@Anonymous wrote:
um so $50 deposit is significantly more money? lol. no. i am 23 and am in a rental now with a $50 deposit refundable to me once i return the car.

I always thought under 25 rentals aren't a deposit, rather an additional pre-day fee added to the daily fee, usually $25-30 per day fee. I know for sure that's hertz, Avis,budget, and enterprise's policies. Might be different for other companies that just require a refundable deposit.

Current 10/24/2024 EQ - 777 FICO ; EX - 777 FICO ; TU - 781 FICO

Message 8 of 10
AeroKrix
Frequent Contributor

Re: I've always wondered... Part 2 haha


@Anonymous wrote:

i think so.... im a student but i have a full time job and therefore i dont use the student option.

 

 

i also wonder if it rent, own or other affects too! ?


The rent/own option just plays into they DTI ratio. Every CCC has a magic number (%) where housing plus all minimum pays of credit accounts cannot be more than 30% of your gross income (just an example). But from my experience, 30% seems to be the average DTI.

Current 10/24/2024 EQ - 777 FICO ; EX - 777 FICO ; TU - 781 FICO

Message 9 of 10
Anonymous
Not applicable

Re: I've always wondered... Part 2 haha

There are coupon codes available for those under 25. Smiley Wink

 

I always used them, no problem. Of course I've always had comprehensive auto coverage, too. Smiley Happy

Message 10 of 10
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