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Which is actually an absurd thing for the rental companies to do, since they a) don't know the credit limit on the card and b) would immediately get a chargebac
by Firehed 14y ago
Which is actually an absurd thing for the rental companies to do, since they a) don't know the credit limit on the card and b) would immediately get a chargeback if they tried to recover anything beyond the actual rental rate. They would fight and have a not totally unreasonable chance of winning the chargeback, but the reality is they'd be far better off chasing you down with collections agencies.
- raverbashing 14y agoThey don't know the limit but they can try to put a hold and the CC company approves it or not.
- btilly 14y agoFor educated thieves, sure. But it is enough to deter a lot of people who otherwise might get tempted.