Originally Posted by
Kacee
Not so sure about that. 700+ FICO and carrying a balance (currently below 20%) would not ordinarily trigger a shutdown, even with recent new credit applications. If you carried high balances for a while, and credit score dropped below 650, it might get you a review. But carrying a balance makes you a profitable customer. If Chase shut all those customers down, they wouldn't make any money.
Without casting any aspersions on the OP, a vague "700+ FICO" could be 701 (not good) and a vague "Below 20%" could be 19.9% (not good). Both conditions could prompt a review, particularly the latter. While, yes, credit card issuers like people who carry a balance, they don't like overextended borrowers. A ratio near 20% is pretty extended.
RNE, opining that good people with the best of intentions can nevertheless get into a fix and be unable to pay their bills. Banks still remember all the 2008 bankruptcies by people who had stellar credit scores.