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.
1. you owe a $0 balance and a payment was deliquent or past due at some point or 2. the account was charged off as bad debt $0 balance now, was turned over to a collection agency, and is delinquent or passed due the original debt owed.ultiple delinquencies or a longer period of delinquency can affect your credit score much more negatively. For example, your credit score could drop as much as 125 points after numerous missed payments are posted to your credit report.