What are the requirements to apply for a car loan for a Porsche Cayenne 2014 S in the UAE?

Typically, you will need a valid UAE residency visa, a passport, proof of income, and bank statements for the last three months.

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

Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect it.

Factors include your credit score, loan amount, loan term, and the bank's current interest rates.

Consider your monthly budget, the total cost of the loan, any additional fees, and your ability to make payments.

Most banks allow early repayment, but some may charge a fee. It's important to check the loan terms.

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Typically, you will need a valid UAE residency visa, a passport, proof of income, and bank statements for the last three months.
Taking a car loan can impact your credit score positively if you make timely payments, but missed payments can negatively affect it.
Factors include your credit score, loan amount, loan term, and the bank's current interest rates.
Consider your monthly budget, the total cost of the loan, any additional fees, and your ability to make payments.
Most banks allow early repayment, but some may charge a fee. It's important to check the loan terms.