Accent 1.5L Smart Car Loan Calculator in UAE

The car loan process typically involves choosing a lender, submitting required documents, getting loan approval, and finalizing the purchase with the dealership.

Yes, taking a car loan can impact your credit score, especially if you make timely payments, as it can improve your score, while missed payments can lower it.

Factors that can affect the interest rate include your credit score, loan amount, loan term, and the lender's policies.

You should consider your budget, the total cost of the loan, monthly repayments, and whether you can afford insurance and maintenance costs.

Typically, you will need identification, proof of income, bank statements, and details about the vehicle you wish to purchase.