What are the requirements for applying for a car loan for a Renault Logan 2018 Basic in Egypt?

The requirements typically include a valid ID, proof of income, bank statements, and a credit report.

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

Taking a car loan can impact your credit score positively if payments are made on time, but late payments may negatively affect your score.

The typical interest rate can range from 10% to 20% depending on the bank and your credit profile.

Factors include your income, credit score, existing debts, and the bank's policies.

Yes, there may be processing fees, insurance costs, and other administrative charges.

CarteaCar Loan Calculator

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

EGP 13,614

EGP 40,400

EGP 203,768

Interest: 148

Principal: 13466

The requirements typically include a valid ID, proof of income, bank statements, and a credit report.
Taking a car loan can impact your credit score positively if payments are made on time, but late payments may negatively affect your score.
The typical interest rate can range from 10% to 20% depending on the bank and your credit profile.
Factors include your income, credit score, existing debts, and the bank's policies.
Yes, there may be processing fees, insurance costs, and other administrative charges.