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.
Thereafter, PayPal will never report any activity to the credit bureaus. This means if youâre late with a payment or default on a balance completely it will not affect your credit score in a negative way. On the flip-side, if youâre a good customer and make all payments on time you wonât see any benefit in your score.