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.
These rules governing your credit change from time to time. Something that didnât affect your credit several years ago could now factor into your profile due to recent government legislation. Keep up-to-date on which actions can have negative credit impacts by monitoring your credit score at CreditKarma.com.