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How bad does debt Collection hurt credit?

Collections have a negative effect on your credit score. Collections remain on your credit report for seven years past the date of delinquency. In the new...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Is Surrogate Court the same as probate court?

A probate court (sometimes called a surrogate court) is a court that has competence in a jurisdiction to deal with matters of probate and the administrati...

Can you take out a loan while paying another loan?

Can I Take Out a Second Personal Loan if I Already Have One? The short answer is, yes. You still need to qualify for the second personal loan before a len...

What can I do about a sudden influx of money?

What to Do With a Sudden Windfall? Determine Your Tax Implications. Consider Different Payouts. Set Aside a Small Portion for Fun. Set up a Financial Plan...

What happens if you check your own credit score?

Anytime your credit is checked, an inquiry is noted on your credit report. Soft inquiries don’t affect your credit scores, but hard inquiries can. Checkin...

Is sales journal double entry?

The sales journal, sometimes referred to as the sales day-book, is a special journal used to record credit sales. The journal is a book of prime entry and...

How often is form 1120 required to be filed?

When Do I File a 1120 Tax Form? Corporations must file their income tax return, including Form 1120, by the fifteenth day of the fourth month after the en...

How can I raise my credit score 20 points in a month?

Pay every single bill on time. You can improve your credit score by 20 points in one month if you pay the minimum payment due on every utility bill, credi...

How do you project revenue for a tech startup?

Basics of a top – down approach. Find market data on sales dollars spend on solutions like the one you are proposing, or the number of individuals in a sp...

Who are the members of a LLC and shares?

Information About an LLC and Shares LLC owners are referred to as members. Each member has a claim to business assets and a portion of the LLC’s profits. ...