Author Profile - Kowsalya Chinnadurai

Kowsalya Chinnadurai

Best Personal Loan in India

51 days ago

The best personal loan in India gives fast approval, low-interest rates, and little processing fees, making it easy to get money for different needs.

After 154 Minimum Payments, How Much Would Zach Pay for His $910 of Emergency Purchases?

101 days ago

After 154 minimum payments, Zach would end up paying a total of $16,691.48 for his initial $910 of emergency purchases on his credit card, with a substantial total interest cost of $14,241.48.

What is the Purpose of the Fair Credit Reporting Act?

108 days ago

The Fair Credit Reporting Act (FCRA), enacted in 1970, aims to ensure accuracy, fairness, and privacy in consumer credit information by regulating credit reporting agencies, empowering consumers with rights, and more.

401k Withdrawal Rules, What Age Allows Tax-Free 401k Withdrawals?

110 days ago

401(k) Withdrawals involve potential penalties and taxes, emphasizing the importance of understanding rules and seeking guidance for informed decisions on accessing retirement funds early.

Mayank Cattle Food Limited IPO Details, Date and Lot Size

116 days ago

The Mayank Cattle Food Limited IPO, scheduled from January 29 to January 31, 2024, with a lot size of 1200 shares and a price of ₹108 per share, as the company aims to raise ₹19.44 Crores for strategic market expansion.

Best IRA Accounts of January 2024

116 days ago

The best IRA accounts of January 2024 have no minimum investment requirements and include Fidelity Investments, TD Ameritrade, Charles Schwab, Betterment, Vanguard Digital Advisor, and SoFi Automated Investing.

Student Loans For Bad Credit of January 2024

117 days ago

For individuals with bad credit or no credit history, student loan options include federal options like Federal Direct Subsidized and Unsubsidized Loans, as well as private lenders such as Ascent, A.M. Money, Funding U, and Prodigy Finance, with varying interest rates.

How to Get Preapproved for a Mortgage? What is a Mortgage Preapproval?

128 days ago

To get pre-approved for a mortgage, contact a reputable lender, provide the necessary financial documents, and undergo a credit check to determine the loan amount and loan types you qualify for.

What Are Index Funds? Are Index Funds Good Investments?

128 days ago

Index funds, whether mutual funds or ETFs, replicate financial market indices like the S&P 500, providing broad market exposure, low costs, and stable performance according to benchmarks, a strategy endorsed by Warren Buffett for its cost-effectiveness and simplicity.

What is Employee Stock Ownership Plan? How Does an Employee Stock Ownership Plan Work?

131 days ago

An Employee Stock Ownership Plan (ESOP) is a program where employees own shares in their company, aligning their interests with the company's success and fostering motivation, loyalty, and long-term commitment among the workforce.

Best Invoice App for Small Business for January 2024

133 days ago

The best invoice apps for small businesses, including Square Invoices, FreshBooks, Zoho Invoice, Xero, and Intuit QuickBooks Online, offer a range of features such as customizable invoices and diverse payment options, catering to various business needs and preferences.

Chase Credit Card Application and Prequalification Process

134 days ago

To apply for a Chase credit card, visit the Chase Credit Cards website, select the desired card, provide personal and financial information, agree to terms and conditions, and submit your application for approval.

What is a Collective Defined Contribution Plan? How Does Collective Defined Contribution Plan Works?

134 days ago

A Collective Defined Contribution Plan pools contributions from employees and employers, investing collectively to provide targeted retirement income based on shared risk and investment performance.

Debt Consolidation Loan, How to Get a Debt Consolidation Loan?

134 days ago

A debt consolidation loan combines multiple debts into a single, more manageable payment, potentially reducing interest costs and simplifying repayment.

What is Unclaimed Money? How to Find Unclaimed Money?

135 days ago

Unclaimed money refers to funds and assets without identifiable owners, often transferred to the government after a set time of inactivity, requiring rightful claimants to establish ownership for recovery.

Southwest Rapid Rewards Credit Card Login, Customer Service and Benefits

135 days ago

To access your Southwest Rapid Rewards Credit Card account through the user-friendly login process on the official Chase website, ensuring quick entry to exclusive benefits and account management.

Best Southwest Credit Cards of January 2024

135 days ago

The best Southwest Airlines credit cards include the Southwest Rapid Rewards Priority, Southwest Rapid Rewards Premier, and Southwest Rapid Rewards Plus cards.

Does Medical Debt Affect Your Credit Score? How Does Medical Debt Affect Your Credit Score?

136 days ago

Yes, medical debt can potentially impact your credit score, especially if it goes to collections, but changes in credit reporting policies, like the exclusion of unpaid medical debt below $500 as of April 2023, have influenced its immediate effects.

Why Does the Fed Pay Interest to Banks? Does the Federal Reserve Pay Taxes?

136 days ago

The Fed pays interest to banks to regulate the economy, ensuring stability by controlling reserve requirements and influencing the federal funds rate.

What it is Cash Flow Statement? How Cash Flow Statements Work?

137 days ago

The Cash Flow Statement is a crucial financial document providing a comprehensive overview of a company's cash movements, categorizing them into operations, investing, and financing sections.

Best Roth IRA Accounts in January 2024

137 days ago

The best Roth IRA accounts in January 2024 include Charles Schwab, Fidelity, Wealthfront, Betterment, Interactive Brokers, Fundrise, Schwab Intelligent Portfolios, Vanguard, and Merrill Edge.

Easiest Personal Loans to Get in 2024

137 days ago

In 2024, securing the easiest personal loans is made accessible by lenders like Upgrade, LendingPoint, Universal Credit, Upstart, Avant, and LendingClub, offering flexible terms and accommodating credit requirements for diverse financial needs.

Does Bank of America Offer Personal Loans? Why Doesn’t Bank of America Offer Personal Loans?

137 days ago

Bank of America does not offer personal loans, focusing instead on a range of other financial products such as credit cards, mortgages, and business loans.

Burkes Credit Card Login, Payment, and Customer Service

137 days ago

To manage your Burkes Outlet Credit Card with our seamless online login process, offering convenient access to account details, transactions, and exclusive benefits.

How to Buy Treasury Bonds, What are Some Essential Terms Related to Treasury Bonds?

140 days ago

To buy Treasury Bonds, you can either do it directly from the U.S. government or through a bank or brokerage account, and when you invest in them, you'll receive interest payments and the bond's face value when it matures.

Guarantor Vs Cosigner, What is the Difference Between Guarantor and Cosigner?

140 days ago

Guarantors and co-signers serve distinct roles in lending, with guarantors committing to cover a borrower's debt only in total default, while co-signers are immediately responsible for all missed payments, impacting their credit.

Largest Banks in the US, What Are the Top Banks in US?

140 days ago

The 15 largest banks in the U.S., collectively holding around $12.9 trillion in assets, are led by JPMorgan Chase with $3.39 trillion, shaping the nation's financial landscape through extensive branch networks and diverse financial services.

Cheap States to Live in U.S, Which State Has the Lowest Cost of Living?

140 days ago

The top 10 most affordable states for 2023, such as Mississippi and Kansas, offer budget-friendly living with low housing costs, transportation expenses, and healthcare, providing valuable insights for those considering relocation for cost-effective lifestyles.

What is a USDA Loan? What are the Eligibility Requirements for a USDA Home Loan?

141 days ago

A USDA Loan is a government-backed mortgage program providing affordable home financing for rural and certain suburban areas, offering benefits like no down payment and competitive interest rates.

Cost of Living in Colorado Vs Texas: Salary Comparison

141 days ago

The cost of living in Colorado surpasses that in Texas by over 13%, driven by higher housing and childcare expenses, with Texas being generally considered more affordable due to a lower overall cost of living index and higher average salary.

What is IRA? Who is Eligible For IRA? How to Open IRA Account?

142 days ago

An Individual Retirement Account (IRA) is a tax-advantaged, long-term savings vehicle for retirement, accessible to individuals with earned income, and comes in various types, such as Traditional IRAs and Roth IRAs, each with distinct tax benefits and rules.

What is Rollover IRA? Is a Rollover IRA the Same as a Traditional IRA?

142 days ago

A Rollover IRA is an individual retirement account that allows you to transfer funds from an employer-sponsored retirement plan, maintaining tax advantages and offering investment control.

What is a Debt Management Plan? How Do You Manage a Debt Management Plan?

142 days ago

A Debt Management Plan (DMP) is a structured financial approach, often guided by nonprofit credit counseling agencies, to consolidate and simplify unsecured debts for easier repayment within three to five years.

How Do Investment Banks Make Money? How Does Investment Bank Works?

142 days ago

Investment banks like Bank of America and JPMorgan Chase make money by connecting buyers and sellers, earning fees on trades, underwriting securities, guiding mergers, and engaging in activities like proprietary trading and managing assets for clients.

Best Secured Credit Cards for January 2024

142 days ago

The Best Secured Credit Cards for January 2024 cater to various preferences, some notable options include the Discover it® Secured Credit Card, U.S. Bank Cash+® Visa® Secured Card, Capital One Quicksilver Secured Cash Rewards, and more.

What Does Loan to Value Mean? What is a Good Loan to Value Ratio?

143 days ago

The Loan-to-Value (LTV) ratio, a crucial metric in mortgage lending, expresses the percentage of a property's value financed by dividing the loan amount by the appraised property value, influencing interest rates and eligibility for borrowers based on risk assessment.