Cadillac XTS 2024 3.6L Luxury Car Loan Calculator in KSA

The car loan process typically involves selecting a lender, submitting a loan application, providing necessary documentation, and then waiting for approval before finalizing the purchase.

Yes, taking a loan can impact your credit score. It may slightly lower your score initially due to the hard inquiry, but timely repayments can improve your score over time.

Consider your credit history, income stability, loan interest rates, the loan term, and any additional fees associated with the loan.

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

Factors include your credit score, the overall economic conditions, the bank's lending policies, and the duration of the loan.