Etihad Credit Bureau Explains Car Finance vs Lease‑to‑Own Distinction
Understanding Car Finance versus Lease‑to‑Own
Before extending finance, UAE‑licensed lenders review the applicant’s credit record, whereas a lease‑to‑own contract does not constitute a loan.
Why Credit Checks Matter
Etihad Credit Bureau said, “a credit inquiry is an important step in assessing financing applications because it allows financing institutions to review available credit information about a customer, including existing financial obligations and payment history.”
The image accompanying the article is supplied for illustrative purposes only.
What Consumers Should Know
By Amal Al-Minshawi (3‑minute read).
