Collections on my credit report that have to be paid for home loan!?

I have collections on my credit report that have to be paid before I can apply for a loan that works out for me and my husband. I don't know how to go about contacting the companies with the collections. Both companies have sold the accounts. In the pass I would get mail asking for me to pay a settlement, I would like to actually do that now that I need to, but I can't find the companies and I'm unsure if they'll offer the settlements anymore. Any suggestions?

Collections on my credit report that have to be paid for home loan!?

When you run a detailed credit report all of the credit collection addresses on on the back page, this is very easy to get. Go to myfico.com and run all three credit reports. If you have cash to pay the accounts, negotiate them down. Offer half of what you owe in cash the day you call 9 out of 10 times they take it.

Collections on my credit report that have to be paid for home loan!?

They will most certainly offer some type of settlement - If the accounts have already been sold - the new collection company just wants to earn some type of revenue.....

If you cannot locate them - you can try pulling your credit report or contacting the credit reporting agencies for contact information.

As a last resort - file a dispute - this will most likely prompt the new companies to send you collection letters demanding payment and promising to settle for less than you owe.

Collections on my credit report that have to be paid for home loan!?

When your loan officer pulled your credit report, there should have been contact information at the end of the report of every account being listed. If the accounts haven't been reported recently or have been sold where there is no updated information to contact the companies, you may dispute each account to each credit beauru listing that account. ex. an account my be reported to just one beauru or two or all three. State account is not yours and fix MOP rating. it will take about 60 day to do this, but you will not be forced to pay them off if the credit beaurus can't contact the companies either