When does the Borrower get charged for their reservation?
The Borrower is charged once they have requested a reservation. If the reservation is denied, the $ will be refunded back into the borrower’s account within 5-7 days.
When and How do I get paid?
Woohoo for Pay Days!
All transactions Monday through Sunday are processed and sent to you the following Wednesday!
Your first deposit might take up to two weeks for your bank and our bank to become friends. 🙂
To receive payments for your reservations, you must enter a debit card into the payments section that can be found under the menu.
Your payments will be automatically deducted into your account. You will receive receipts for every transaction and will know the exact amount that you should receive.
If you ever have any questions or concerns, please reach out to customer care!
What is Fluid's transaction fee?
Fluid takes a 20 % transaction fee from every Lenders reservation. This fee covers insurance (insuring all items up to a million dollar), along with credit card processing fees and other Fluid services.
I.e. Sam lends out his camera for $10 a day. Frank borrows Sam’s camera for 2 days totaling the reservation to be $20. Frank pays $20, Sam receives $16 into his payment account and Fluid receives $4 for the transaction fee.
Do I have to pay a deposit to rent something?
For vehicles, there is a $150 refundable deposit for first time vehicle borrowers. After your first vehicle reservation, your deposit will change (or go away) depend on your rating.
For all other items, there is no deposit required.
After the reservation is completed, you will receive your deposit within 72 hours of the end time if the vehicle is in the original condition.
Our two-way rating system helps ensure the safety and comfort of our Fluid community.
At the end of the reservation/share, the Borrower and Sharer are prompted to rate each other on a scale of 1-5 stars, 5 being the best!
The Borrower will also be prompted to rate the quality of the item borrowed, also on a scale of 1-5, 5 being the best!
What is NOT allowed to be shared?
Fluid users may not post or transmit any unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, indecent, inflammatory, sexually explicit, pornographic or profane material. Guns/Firearms or any weapons are also not allowed.
Is there an age requirement to be a Borrower or a Lender?
Yes! You must be 18 years of age to be a Lender or a Borrower.
Why do you need so much payment information from me as a Lender?
We partner with Stripe to process our payments and they ask for a bit of info to validate accounts to receive payments.
- Address all necessary identity verification.
- Date of birth
- Last 4 digits of their Social Security number
- Establish the contractor’s bank account (for transfers).
- Have your contractors agree to your terms of service.
So because we definitely like to make sure people get paid, we comply with these terms and ask for the correct information from Lenders to help with a smooth process of getting you paid!
What if an item is never returned?
Well, THANKFULLY, this isn’t a huge issue because it hasn’t happened yet but we are aware that it could happen so here’s our policies on it!
If you are the Lender / Item Owner:
1. First thing, contact customer care right away at email@example.com! We will reach out to the Borrower through every avenue that we have and do our very best to get your item back safely to you. We will then have you file a claim with details about the reservation and item.
2. Your item is insured! We will replace your item at the same retail value it’s worth.
* We will look into the claim and once we’ve verified that the item was borrowed and not returned, our goal is to replace the item as soon as possible.
What happens if my item was damaged/broken?
This doesn’t happen often but if it does, please email firstname.lastname@example.org and we will respond within 24 hours.
Ideally, you and the Borrower work something out, as neighbors should, but if you can’t come to an agreement please contact us right away. We’ll investigate the situation and will act/charge fees accordingly. If the Borrower is at fault, we will reimburse you for any repairs you get, or if it’s beyond repair we will replace your item completely.
We don’t take these things lightly and we want to hear from you so please reach out!
We will always do our very best to make sure you and your items are taken care of.
What if the borrower is late in returning my item?
The Borrower should always return the item on time but if by some chance the Borrower is running late this is the policy…
The Borrower should contact the Lender right away to let them know the item will be returned late!
The Borrower has a 15 minute grace period to return the item without being charged. If it isn’t returned after the 15 minute grace period, the Borrower could be charged the next lowest rate of the item until it’s returned.
P.S. Please be mindful that the owner may have other reservations scheduled after yours so it’s important that we respect each others time. Please and thank you.
What if my reservation begins in an hour, and the Lender hasn't confirmed?
If you submitted a reservation request and the Lender still hasn’t confirmed, the reservation will automatically be denied an hour before the reservation start time. That way, you won’t be left hanging until the last minute!
What if I want to extend a reservation?
*Note – You can only extend a reservation if the reservation is still active, and if there is nobody ahead of you for that item*
If you want to extend the reservation, go into the Reservation Manager, choose the reservation you would like to extend, scroll to the bottom and press the “Extend Reservation” Button.
Then, end the current reservation you have and start the new reservation.
What happens if someone is a No-Show?
No shows are such a bummer! Basically, if someone doesn’t show up to pick up the item, they will be charged the full amount of the reservation that was scheduled.
Alternately, if the Lender does not show up to give you the item, they will be charged the cancellation fee and you won’t be charged for the reservation.
We want to respect people’s time and not take away income or enjoyment from others. If you aren’t able to make it, please notify the Lender as soon as you know you won’t make it.
Let’s be courteous and mindful of peoples’ time!