What are the eligibility criteria for obtaining a loan for a Peugeot 5008 2022 1.6T GT Line in Egypt?

To qualify for a loan, you typically need to be at least 21 years old, have a steady income, and a good credit score.

How does taking a loan affect my credit score in Egypt?

Taking a loan can initially lower your credit score, but making timely payments can improve it over time.

You typically need your ID, proof of income, bank statements, and details about the vehicle.

Yes, some lenders may charge processing fees, insurance fees, or prepayment penalties, so it's essential to read the loan agreement carefully.

Interest rates can be influenced by your credit score, the loan amount, the loan term, and the lender's policies.

CarteaCar Loan Calculator

To finance this car, you can first calculate the installment price in EGYPT

EGP 42,187

EGP 125,198

EGP 631,442

Interest: 455

Principal: 41732

To qualify for a loan, you typically need to be at least 21 years old, have a steady income, and a good credit score.
Taking a loan can initially lower your credit score, but making timely payments can improve it over time.
You typically need your ID, proof of income, bank statements, and details about the vehicle.
Yes, some lenders may charge processing fees, insurance fees, or prepayment penalties, so it's essential to read the loan agreement carefully.
Interest rates can be influenced by your credit score, the loan amount, the loan term, and the lender's policies.