Who decides who is eligible for a credit card?

I just got off the phone because they denied me of a credit card.

They said I had too many credit report checks and other stuff. The reason I had so many credit reports is because I was getting car insurance quotes online.

And other things.

Wtf? Who the hell regulates this? Because it seems the banks have too much power they can control your life. They can decide whether or not you can own a home, or get lower insurance on your car.

But you may say you don’t NEED a credit card. But you will be working for about 15 years in order to pay for a house. The standard of living and your way of life will not be the same with out a credit card and the ability to establish credit.

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