How important is the credit score when you rent a car?

Your credit score can directly influence several aspects of your business. It is very important not just for a possible credit but also for renting a car. Let’s see what is this credit score and how it influences you.

If you have ever applied for a bank loan or an IFN loan, you may not have understood the reasoning behind the lending institution’s decision when it comes to granting loans.

In any situation involving your finances, our advice is to inform yourself and find out what the benefits and risks are, so as not to end up in crises. You can get information either from reviews on NorskeAnmeldelser or from specialist articles. In this article, we will see what the credit score refers to and what are its effects on renting a car.

What is your credit score and how does it influence your life?


Your credit score is used to predict your behavior as a future debtor. Based on it, the banks calculate the probability that you will respect your loan conditions and return their money on time.

You should know that your credit score is collected by the Credit Bureau. This organization collects all your credit history data in one place and offers it to all the financial institutions you apply to get a new loan or to perform various activities, such as renting a car in the long run. offers cars for short-term rental for a vacation as well as longer-term. All you have to do is make sure you meet all the conditions, even if they are not very difficult to meet. The company I told you about is very advantageous and does not cause you much trouble.

The credit score is calculated based on:

  • payment history
  • ongoing loans
  • their duration
  • credit limit used
  • serious late payments

How to improve your credit score

The score is relevant to you not only when you need money or when you plan to make a major investment in the future that involves a loan, but also as generally valid information that can function as a barometer of your financial health. It can also be very important when you want to rent a car. Here are some ways you can improve it:

  • If your credit score is low, do not apply repeatedly for a loan;
  • Don’t spend all your money on your credit card;
  • Pay the installment on time, if you have ongoing loans;
  • Establishes a balance between income and expenditure.

How renting a car affects your credit score

Many times, a car rented at the destination gives you the freedom you can’t have otherwise. Whether you simply want to depend on no one, or you want to explore places that are beyond the beaten tourist routes, being your driver can be the detail that makes the difference in your vacation!

To rent a car from an authorized company, almost anywhere in the world you must meet three criteria:

  1. 21 years old.
  2. Have an embossed credit card (with embossed data).
  3. Have a valid driving license in the country

If your credit score is low, your car rental company may decide not to rent you a car in the long run. So, if you don’t need a car just for the holidays and you need a longer period, don’t forget that your credit score can influence this decision. A problem credit score automatically cancels the trust you can present.