Nissan Patrol 2020 5.6L LE T2 Car Loan Calculator in UAE

The car loan process typically involves applying for a loan from a bank or financial institution, providing necessary documents, and having your creditworthiness assessed. Once approved, you can finalize the purchase.

Yes, taking a car loan can affect your credit score. Timely repayments can improve your score, while missed payments can harm it.

Be aware of the interest rates, loan terms, and any hidden fees. It's also important to check your eligibility and gather all necessary documents before applying.

Factors that can influence the interest rate include your credit score, loan amount, loan term, and the bank's policy.

It often depends on the terms offered. Banks may provide lower interest rates, while dealerships might offer promotional financing options. Compare both to find the best deal.