Pocketsense Blog

Insights, guides, and tips on personal finance.

April 19, 2026

Common Loan Traps to Avoid

From predatory instant loan apps to flat-rate calculation tricks and credit card minimum payments — learn how to spot and avoid the most common debt traps in India.

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April 18, 2026

How to Choose the Right Home Loan

Buying your dream house? Dont pick a home loan based on interest rates alone. Compare LTV ratios, EBLR benchmarks, processing fees, and hidden charges.

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April 12, 2026

Loan Prepayment: Is It Always a Good Idea?

Thinking of paying off your home loan or personal loan early? Learn how loan prepayment works, RBI rules on penalty charges, and when prepayment makes financial sense.

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April 11, 2026

What Happens If You Miss EMI Payments

Missed a loan EMI or credit card due date? Understand the consequences — bounce charges, CIBIL impacts, late fees — and how to recover quickly without panicking.

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April 5, 2026

How Interest Rates Work on Loans

Confused by flat rates vs reducing balance rates, or fixed vs floating interest? Here is a complete guide to understanding how banks calculate your EMI and total loan cost.

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April 4, 2026

Personal Loan vs Credit Card Loan – Which Is Better?

Need quick funds and caught between a personal loan and a loan against your credit card? Heres a clear breakdown of interest rates, processing fees, and eligibility.

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