Sorry about the closed account and decreased credit limit. That is definitely discouraging, but as ImTheDevil said continuing to pay down your accounts and then giving it time will in the end help you get back to where you want to be. Again, really sorry. Rebuilding is certainly not a day at the beach! Sigh. But you WILL get there!
Thanks for the encouraging words! Yes it is so difficult because 2 steps forward always lead you 10 steps back ! I’m going to just keep paying them and see how it goes. I’m just not sure about paying off the collection account is it going to help my score or no ?
Try for a PFD.. if you can get the collections deleted and keep making your payments on time.. once you get that Utilization under control you will be in a really good place credit wise. you are doing really good keeping your payments on time and paying down the cards.. even if they balance chase you, you will come out the other end of this nicely.
Hopefully you can get them to delete the collections.. but if they don't then no I would not pay them until they come around to the idea, or until they sell it to someone else who will.. just my opinion tho. GL
A strategy you can try to hopefully not get balance-chased is instead of paying off one card in full, pay all your cards down. You want to get all cards down below 88.9%, then down below 68.9%, then 48.9%, 28.9%, and finally under 8.9%. It may not always work, but paying them in increments rather than one lump payment might keep them from balance-chasing you. Making one big payment after being maxed out (anything above 88.9% is considered maxed) can sometimes raise a red flag & cause them to notice you. GL!