I just paid off a home equity line off credit, credit-rating wise, should I keep it open or close it?

I don't need the credit line really just want to know if keeping it open is bad or good for my credit.

I just paid off a home equity line off credit, credit-rating wise, should I keep it open or close it?
It could be either, but probably good depending on the length of your credit history. If it's an old account that helps your credit. Also your ratio of credit balances to credit limits will increase if you close it, which could increase your score.
Reply:i would leave it open -- shows that some one trusts your!!!