Does filing a claim for unemployment benefits hurt a consumers credit rating?
No. Credit reports show only credit- and debt-related information. They do not show information regarding the filing of a claim to receive jobless benefits. Of course, if losing your job would eventually result in falling behind on your bills, your credit score would certainly decline – but the act of filing for the benefits itself won’t hurt your rating. I procrastinate a lot, especially when it comes to completing my annual income-tax return. I didn’t even file a return last year, because all of the deductions I was able to take for mortgage- and property-tax payments entitled me to a refund of about $1,200. Isn’t it true that taxpayers have an unlimited amount of time to file a return if the IRS owes them money for the year in question? No, it’s not true. If you’re owed a refund, you generally have only three years from the date that the return was due in order to claim it. The Internal Revenue Service usually can keep the money it owes if you don’t file a completed return within th
