The Car Hire Services industry makes a lot of money from these sorts of loans. However it has grown dramatically over the last few years due to the rise in the availability of cars. I think the industry could be worth billions of dollars in the next few years.

So, what happens when your rented car breaks down or you have an accident with it? You then have to pay for the rental car out of your own pocket. Car Hire companies can often give you a decent rate of interest and offer excellent finance options.