New Delhi, July 11 -- Applying for a credit card can be a painful process and a denial is a frustrating outcome. But it's usually a chance to consider your financial habits and creditworthiness. Let's take a look at not only the most documented reasons credit cards are denied but also how to create opportunities.

The most likely reason you are denied is that you received a low credit score. Usually, lenders are looking to see credit scores that are 700 - 750 and above. Even if your score is a fair test or taking value it doesn't mean you will receive a credit card. There may be errors in your credit report, phantom defaults, duplicated factors within it, discrepancies in one report with another.

Your financial discipline will be in jeop...