Taking a loan is easy today, but repaying it comfortably is what really matters. Many people focus only on getting fast approval and low EMI, without understanding how interest is calculated, what happens if an EMI is missed, or what documents actually matter. Whether it’s a home loan, personal loan, education loan, or business loan , knowing terms like ‘ reducing balance method,’ ‘flat interest rate,’ ‘CIBIL score,’ ‘sanction letter,’ and ‘ EMI due date penalties’  can prot