 TITLE: Do You Have to Pay Taxes on Unemployment Benefits? CONTENT: Protecting Your Credit When You're Unemployed\n---------------------------------------------\nWhile unemployment benefits can help you cover basic necessities, they won't necessarily be enough to cover all your bills. While being unemployed doesn't impact your credit directly, it can indirectly hurt your credit if you fall behind on bills.\nMany creditors recognize that you could be unemployed because of circumstances outside your control, and may work with you to temporarily waive or lower your payments. These hardship options can make it easier to manage your bills, and working with the company rather than skipping a payment without an explanation can help protect your credit. END