Your credit score isn’t the only factor that determines your odds of being approved for a credit card. For example, some credit card companies place a limit on the number of accounts you can open over a given period of time; if you've submitted multiple credit card applications over the past few months, this can diminish your chances of approval.
I have good credit. Why are my approval odds low?
I have sacrificed my credit by paying off my son's cards and loans. He now carries a very high credit score and mom can't get a secured card. I have made all the payments on 4 of his credit cards. I paid off a. $5,000 loan he and his wife got froma credit union. He got the financial whistles & bells because the loan. was in his name. Dumb mother!
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