Song L 75KM Lead Car Loan Calculator in OMAN

The loan process typically involves submitting an application, providing necessary documentation (such as income proof), and then waiting for approval from the bank. After approval, you can finalize the purchase.

Taking out a loan can impact your credit score positively if you make timely payments. However, missing payments can negatively affect your score.

Consider your budget, interest rates, loan terms, and your ability to make monthly payments. It's also important to understand any additional fees involved.

Factors include your credit score, the loan amount, the term length, and current market conditions. Banks may offer different rates based on these factors.

Yes, refinancing is possible if you find a better interest rate or want to change your loan terms. However, check for any penalties associated with your current loan.