Closing of a revolving account only means that the consumer is thereafter prevented from making new purchases, and thus increasing the debt. Once the delinquent balance is paid, then the account will be removed from scoring of its % util of credit limit, but will otherwise continue to be included in your payment history and length of credit scoring categories.
The creditor can, if you have a delinquent balance, continue to add monthly delinquencies until the delinquent debt is erased unless, as part of your repayment agreement, they agreed to discontinue reporting of continued monthly delinquencies.
You are thus only "paid as agreed" with respect to your repayment contract, but your account does not have a monthly pays as agreed status, as it remains delinquent.
The crditor could possibly consent, after you complete repayment of the debt, to re-open the account for use, but that is rarely done.
They usually require that you apply for a new card, and thus go through the complete qualification determination process.
