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How do I trigger American Express Financial Review?

Amex financial review triggers: Avoid having a $25,000 credit limit on a single card, as this is known to trigger a financial review. Some also say that h...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What is a credit score of 620 considered?

A FICO® Score of 620 places you within a population of consumers whose credit may be seen as Fair. Your 620 FICO® Score is lower than the average U.S. cre...

What is allocated payroll?

Salaries are allocated through using timesheets to record the actual effort (typically the number of hours) for each employee per activity, service, or pr...

How can having naturalized citizen have a positive effect on the United States?

Naturalized immigrants can vote in national, state, and local elections; are protected from deportation; travel with a US passport; can access all federal...

What is the Excel formula for a car loan?

Balance – the price of the car, minus any down payment or trade-in value of your current vehicle. Interest rate (the interest rate divided by the number o...

What is abnormal loss in Management accounting?

Abnormal loss in cost accounting is the loss that occurs over and above normal loss. In case of abnormal loss in process costing, it can be defined as the...

Can I borrow from my own IRA?

Generally, you can’t take out a loan from either a traditional or Roth IRA. Due to the CARES Act, in certain situations, you may be able to take a tax-fav...

Is it good to buy second hand car for learning?

And, buying a second-hand car seems to be the next logical step, especially if you are a learner driver. Some of the key criteria for buying a used car wo...

What happens to contracts when they expire?

If they continue to perform the subject matter of an expired contract there are three possible legal outcomes: There is a new contract; The old contract c...

What happens to your house when you get a divorce?

If you owned your home before you were married and your spouse’s name was never added to the title, you retain separate ownership (although your spouse ma...