For example, if you think (subconsciously) that money is bad or is root of all evil you will have negative feelings about money and wealth. You will not take actions necessary to accumulate any degree of wealth and without action you will definitely not achieve wealth and financial freedom.

If, on other hand, you think (subconsciously) that money is a good thing, positive thoughts will lead to good feelings about wealth accumulation and you will find yourself taking appropriate action. Your results will be wealth and financial freedom.

The subconscious thought will ALWAYS win out in long run.

Where did these beliefs come from?

These thoughts, beliefs and ideas became ingrained and embedded in our subconscious minds by well-meaning authority figures like parents and teachers, and by our own experiences. This happened when we were children and had little ability to discern opinion from fact.

Where we are now financially, and how we think today, are sum total of all those inputs. The computer industry has a crude phrase for this, 'Garbage in, garbage out'. And likewise, 'Quality in, quality out.'

But once you're aware of connection between beliefs, actions, and results, you can make any needed correction in your life.

First you need to take an inventory of your subconscious and conscious beliefs about money and wealth. And then with right tools and exercises you can examine actual 'truth' of those beliefs and begin to change beliefs and related behaviors that keep you from reaching your potential.

This process of self-discovery takes some effort but it is one of most rewarding things you will ever do. I encourage you to do so. Then you will understand secrets of millionaire mind and both you and your family will enjoy benefits.

Typically, mortgage lenders will require delinquent accounts be cured but this won’t improve your score.

Myth: You must pay any bill that comes to your home from a collection agency.

Under law you have right to challenge legitimacy of any bill sent to you—it is called validation. By sending a validation letter to a collection agency they must, by law, cease all collection activities until they can validate debt. It is important to note word is validation and not verification which mean two entirely different things. Validation means they must submit to you proof bill is yours, which is not a simply an invoice sent to you. Until that is properly done, they can not report item to your credit report, ask you for money or do anything which can be deemed further collection activity. Do they anyway? Yes they do. This is why it is important to know law, which is on your side.

It is vital that you check your credit report often as most individuals have erroneous data in them. Don’t assume that everything will work as it should because it almost never does. No one will be looking out for your credit identity but you. Credit standing has never been more necessary than it is today. Just about everything we do in life from applying for a job to booking a hotel room has something to do with our credit worthiness.

American Consumer Group, a non-profit organization, has set up a free credit repair site with all information mentioned in this article. Go educate yourself and spread word.

This article is copyright Jason Andrew Martin LLC.

This article is copyright Jason Andrew Martin LLC.

Jason A. Martin has been conducting business on the Internet for 11 years. He is a free-lance writer on many topics and is currently working on obtaining a degree in Journalism and Law.

His blog is displayed at: Jason A. Martin