Paying bills on time is a must, but a Myvesta credit counselor observes, "People don't like to part with their money until the last possible minute when paying their bills. By the time they send the payment out, it's already late. Then, after the late fees start to rack up, people blame their creditors for the situation they are in."
Founded in 1994, Myvesta, a nonprofit organization that receives support from financial institutions, helps people improve their financial situations. Its services include a residential treatment program, support groups, crisis resolution, online bill management, bankruptcy alternatives, creditor problem resolution, debt management, and financial coaching.
Download "Seven Easy, Surefire, Guaranteed Ways to Trash Your Credit" or send $5 (for postage and handling) to Myvesta Trash Your Credit Publication, P.O. Box 8587, Gaithersburg, MD 20898-8587.