Browsing Category

Credit borrower

How to Buy a House on Gig Income

Q: Can income from a second job/gig work help you qualify for a mortgage?The story continues under the adBrunker: Generally, income from a second or on-demand job can help a borrower qualify for a mortgage if income from both jobs can be…

What is Buy Now Pay Later

What is Buy Now, Pay Later? Buy Now Pay Later or BNPL as it is commonly known is a financing option that allows you to purchase a product or benefit from a service without having to worry about paying for it immediately. It is…

Tax on loans for study abroad

What are the important parameters of the TCS on foreign money transfers?A 5% tax is applicable on an amount greater than INR 7 Lakh during a financial year (not on the total amount).The new TCS provision is effective from 01 October 2020.…

What would you like to know

Select's editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners.Personal loans have…