Toyota Fortuner 2020 4.0L VXR Car Loan Calculator in KUWAIT

The car loan process involves submitting an application to a bank, providing necessary documents, and getting approved based on your credit score and income.

Yes, taking a loan will affect your credit score as it increases your debt-to-income ratio and requires a credit inquiry.

Consider your credit score, down payment, loan term, and interest rates offered by different banks.

Interest rates for car loans in Kuwait typically range from 3% to 7% depending on the bank and your credit profile.

Your income is a key factor in determining your eligibility, as banks assess whether you can afford the monthly payments.