Credit scores can take a dive if you have duplicate negative information. It appears that you have more DEBT than you actually have.
Collection agencies are not original creditors and should not be reporting monthly late payments on your credit report, you have no legal account with a debt collector that requires monthly reporting of late payments.
Handle Collection Accounts: There are several ways to deal with collection accounts including getting them deleted from your credit reports. Collection accounts are credit score killers, there’s no doubt you just want them to go away.
Thinking about paying a collection account? Your credit scores may not improve unless you get the collection account deleted with a pay for delete agreement.
You can request a debt collector verify the amount and validity of the debt they claim is owed by you. Validation is helpful when debt is repeatedly sold.