Save. The TracFone is a prepaid phone that allows users to decide what kind of plan they want. Those who use TracFones can buy phone cards and add minutes for calls based on their needs. If you receive an SMS on your TracFone and want to reread it, you can retrieve it by just clicking a couple of times on your phone.
How a default affects your credit score. Once a late payment goes past 120 days it is considered to be in default. A default not only causes a further drop in your credit score, but it also signals the creditor that itâs time to send your account to a collections agency.
Additionally, you may find that some of these bankruptcy side effects occur: 1  Temporarily weakened credit: A bankruptcy filing is seen as a negative action on your credit report and the bankruptcy filing itself will appear on your credit report for seven to 10 years.ankruptcy is a major financial move and can affect various aspects of your life. Every person's situation is unique. To ask a bankruptcy attorney about specific potential side effects of bankruptcy, please fill out this form and arrange a free, no-obligation consultation with an attorney near you.