How Can I Get Money If My Credit Card Was Declined?

You have to make an important purchase or pay for an emergency expense. You don’t have any cash, so you pay with your credit card. Just as you think that everything’s going to be okay, the cashier turns to you and says, “Credit card declined.”

Now, you have to find another way to raise emergency money. But when you have experienced a credit card decline, you may have trouble getting a loan through traditional means.  

Credit Card Declined—And The Impact On Your Credit Score

Barring extraneous circumstances like fraud, the only reasons that your card could be declined are that you’ve reached your credit limit, or your cardholder has blocked some of your available credit until you have cleared your remaining balances.

It may also mean that you have missed payments, and the credit card company is requiring you to settle some of the bill before you can access new credit.

Unfortunately, your card provider isn’t just going to stop at declining your credit card. It will likely report this to the credit bureaus, which will lower your credit score. So, if you go to the bank to get a personal loan, you may also be turned away because of your recent borrower history.

Banks Will Say No, So Where Do You Go?

So, your credit card was declined, and your bank loan was denied… but you still have options left! You can apply for an online title loan. The application and approval process takes just one day, so it can help cover urgent expenses as conveniently and efficiently as swiping a card.

Title loans let use your vehicle title as collateral or security for the loan. You can apply even if you have a bad credit score (so don’t worry about your credit card being declined), and you won’t be asked about your income or employment.

How To Qualify For A Title Loan

The only requirement is that you are the legal owner of the vehicle with a lien-free title. Essentially, that means:

• Your name is on the vehicle title. To verify this, you will also have to present a valid government-issued ID with a photo. The name on the title and the ID have to match completely. If the title is under someone else’s name, or if there is any kind of variation in your name because of a clerical error or change in surname, you will have to go to the DMV to have it transferred or revised.
• You own the vehicle outright. If you are still paying off your car loan, then the bank still has a lien or legal claim on it until you complete all the payments.
• You are not using the title as collateral for other loans. You can’t have multiple liens on a single property.
• The title is not involved in any court judgments. Courts can place a judgment lien on a property if it is part of a dispute or lawsuit.

Get An Online Title Loan Now

With Missouri Title Loans, Inc., you can apply for an online title loan anytime and anywhere.  

1. Fill out our online application. It only takes a few minutes, and the website is completely safe and secure. You will also know right away if you qualify for the loan.  
2. Chat with our loan representative.  A representative from one of our nearest branches will call you to answer your questions and brief you on the requirements and the rest of the application process. During the call, set an appointment with a branch or arrange for him or her to meet you when and where it’s convenient for you.
3. Submit the requirements. At your appointment date, be sure to bring your vehicle title, a driver’s license, or any valid government-issued ID card with a photo, and your vehicle. The representative will go over your documents and then inspect the vehicle to estimate the maximum loan amount you can get.
4. Get your cash… and keep your car! Once the loan is approved, you will be able to receive your money either on the same day or the next business or banking day. And don’t worry, you don’t have to leave your car with us—you can continue using it as you pay off your loan.

Work With A Friendly Lender You Can Trust!

With Missouri Title Loans, Inc. you get emergency money without unnecessary paperwork or delays. After all, going through financial problems (and getting a credit card declined) is frustrating enough.

That’s why we designed the application process to be smooth and stress-free. You don’t have to wait in line or make multiple trips to the branch to inquire, submit requirements, and find out if you’re approved.  We make it so easy to get emergency cash.

Contact us to find out how you can get an online title loan.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.