options if you can't get a credit card

Can't Get A Credit Card? Here Are 6 Other Options

It can be a hassle to not have money on hand when you need it the most. Credit cards may come in clutch in such situations, but if you’ve had the jarring experience of your application for one being rejected, you may be looking for alternatives. If you just can’t get a credit card, then there are plenty of options you can explore instead.

Borrowing money if you can’t get a credit card becomes attainable with options like debit cards, prepaid debit, basic current accounts, PayPal, bank overdrafts, and personal loans.

1. Debit Cards

If you want to avoid stacking up credit card debt while also enjoying the convenience of going cashless, then a debit card might be the best fit for you.

Since debit cards are usually tied to your checking account, there is a built-in safety net of sorts to ensure you don’t overspend since you can only use the money you currently have. It also has the added convenience of being widely accepted at a variety of physical and online retail stores.

2. Prepaid Debit

Prepaid debit is a good alternative if you can’t get a credit card. The balance available is totally up to your own discretion since you are the one who preloads it with a set amount of money.

Similar to regular debit cards, you enjoy the advantage of better budgeting since you can’t spend more than you have on your card!

However, they don’t do much to improve your credit score and can sometimes be a bit costly owing to reloading fees, so be cautious of these drawbacks.

3. Basic Checking Account

With fewer bells and whistles in comparison to your standard checking account, a basic checking account ensures you pick up less debt. Normal checking accounts offer an overdraft facility which could tempt you into spending more than you can afford to pay back within a reasonable time. This is where a basic checking account comes in handy - it doesn’t offer an overdraft facility keeping you well within budget. 

4. PayPal

Third-party payment options like PayPal are a great alternative to a traditional credit card. You get the ability to pay from your account without having to endure the hassle of providing your personal information at every online retail store. It even lets you transfer funds and issue invoices! It also offers a layer of security and protection against fraudulent vendors.

Their latest service offering, that of a PayPal debit card, is certainly an added bonus when you consider the 1% cash back offer whenever you buy anything.

5. Bank Overdraft

If you don’t have an overspending problem and need cash in a pinch, depending on how good of a relationship you’ve maintained with your bank you’ll be able to use your bank’s overdraft facility. Simply apply for an overdraft as an extension of your bank account.

Whether you incur an overdraft fee and the amount of money you’re able to withdraw on an overdraft are entirely contingent upon your bank and its policies, so make sure to look into these!

title loan wisconsin

6. Personal Loan

Car acting up? Roof starting to fall apart? These are the kind of expenses that can get you even more frustrated when you just can’t get a credit card. Don’t worry – for situations like these, taking out a personal loan is one way to finance urgent but relatively small expenses.

For a personal loan, ideally, you’d want to consider the terms your bank offers according to your circumstances. Keeping your payment plan at the back of your mind would be wise as well. 

Wisconsin Auto Title Loans, Inc. Can Help

Another surefire way to procure some much-needed money could be to opt for title loans at Wisconsin Auto Title Loans, Inc. Wondering what a title loan is? Simply put, it’s a short-term loan obtained by using your vehicle’s title as collateral.

With Wisconsin Auto Title Loans, Inc., you can get up to $1500 in as little as 30 minutes!

You don’t have to worry about visiting any physical store if you don’t want to, our representatives will come to you. Good, bad, or nonexistent credit doesn’t matter – we welcome all credit here!

What Do You Need For A Title Loan?

  • Driver’s license or state-issued I.D.
  • Lien-free title to your vehicle
  • Your vehicle for inspection

What’s The Process?

The step-by-step process of taking out title loans with us is as follows:

  1. Fill out our online inquiry form available on this website
  2. Wait for a loan representative to reach out to you via phone
  3. Keep the required documents on hand when meeting our representative
  4. After some basic paperwork and authorization, you’ll receive your money either the day of or 

the following business day.

Get Your Title Loan Today!

Sometimes, qualifying for a credit card can be difficult. If you just can’t get a credit card and all other options seem too tricky to explore, opting for title loans is a good way to get the funds you need, so put in your inquiry today and get started right away!

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

Mason Roberts

Mason Roberts is a seasoned economics writer and blogger with a knack for breaking down and simply communicating the ever-changing world of finance. He is philosophically committed to the premise that financial knowledge equals financial freedom.