<prompt> Human: Asking this due to a situation I encountered last year with Wells Fargo. I had 3k in credit card debt, with a 4750 limit. I elected to pay it off in one payment. The day after my payment posted, and thus my balance was 0, WF decreased my credit limit to 750.Is this a common practice among creditors? Im concerned that, after paying off my cc debt, I wont have an ideal overall credit limit.  <response>: I wouldnt say its common, but credit card companies can often increase or decrease your credit limit with little prior notice. Check the terms of your card agreement. 