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What happens when you add a driver to your insurance?

If insurance companies consider you as relatively risky because of your age and you add on someone else, your car insurance premiums could actually go dow...

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What are factors that affect the cost of paying for insurance?

Below are the 15 rating factors most often used by car insurance companies, along with some associated costs by insurer. Age. Age is a very significant ra...

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How does post shipment finance work?

Post Shipment Finance is a kind of loan provided by a financial institution to an exporter or seller against a shipment that has already been made. This t...

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How do I cancel PMI?

To remove PMI, or private mortgage insurance, you must have at least 20% equity in the home. You may ask the lender to cancel PMI when you have paid down ...

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Why is derivative trading bad?

A derivative is a financial contract whose value is tied to an underlying asset. The widespread trading of these instruments is both good and bad because ...

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What is EU Payment Services Directive?

The Payment Services Directive (PSD) is a payment regulation system that is governed by the European Commission (Directorate General Internal Market) aime...

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How can Entrepreneurship help the community?

Community Development Entrepreneurs regularly nurture ventures by other like-minded individuals. They also invest in community projects and provide financ...

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What was Hooverville in the Great Depression?

“Hooverville” became a common term for shacktowns and homeless encampments during the Great Depression. There were dozens in the state of Washington, hund...

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What is the best way to invest 80k?

Ways to Invest $80,000 Savings Account. A savings account is not a fast way to make money investing. Betterment. Betterment is an excellent option for any...

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What is a good investment profit?

A good return on investment is generally considered to be about 7% per year. This is the barometer that investors often use based off the historical avera...

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