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>Will my credit score improve after taking it (eliminating the CC debt) or will it ruin it more with this loan I'd be taking out?

If you've defaulted on $6k of credit card debt and are about to get sued, you may not even qualify for a loan and your score is likely a ways away from improving, so its not really a consideration

You are this close to being sued for unpaid debts. Your credit score is the last of your concerns.

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I figured this would be the case, I was approved through Progressa for a loan for the exact debt but my main thing being whether it would further tank my credit score or improve it within time with proper on time payments.

Taking loans doesn't help your credit.

Paying your loan back per the terms of your agreement helps your credit score.

In your situation where you have thousands in collections a loan isn't going to be a magic bullet.

Yeah that’s not really a concern right now