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Your problems are 1) that isn't a proper measure of damages. You have to have something to base the damages on which would be the value of the reduction in credit score, not the payoff of a credit card debt to raise your score. It's not the same thing.
Also, banks do not generally settle before court. They may offer a lowball settlement but it will be very lowball.
To prove what the value of the reduction in credit is worth you would need to hire an expert but the cost of that is pretty high and, in addition, it isn't recoverable in the lawsuit.
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