Loans are available for the unemployed but they usually have high interest rates and you need to think very carefully before committing to more debt if you're out of work. Read our article on loans for unemployed people for more guidance and information on things to consider. 

Installment loans affect credit score depending on multiple factors like history of repayment patterns, amount owned, length of history and diversity of accounts. While going for new installment loans, small installments loans are ideal to help raise credit score. In some cases, the credit report gets damaged due to the behavior of the person borro

Consider the requirement and the usage of an installment loan before applying for one. Once the loan amount is finalized, check the interest rates of different lenders and their fee structure. It's imperative to clearly evaluate repayment capacity and the means. Other factors include term length, whether the loan is collateral or non-collateral bas