When to stop stoozing for credit rating

skyranger

Hi guys

I'm currently stoozing using a couple of intereste free credit cards i.e. using the finance for investment profit.

We're looking to move house next summer so we have a mortgage and would get a larger one next year.

My questions are:

1) How much does a credit rating matter for a 'new' mortgage if we already have 'history' of mortage.
2) When should i pay back my credit cards to get rid of the 'debt' so I have good credit for June 2016?

Thanks

Ben8282

1. It matters.
2. March 2016.
Please note that getting rid of the 'debt' will not automatically result in your having good credit.