Terrain 2.0T SLT (AWD) Car Loan Calculator in UAE

To apply for a car loan, you typically need to provide proof of identity, proof of income, bank statements, and a credit score report. Some banks may also require a down payment.

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

Consider the interest rates, loan terms, any hidden fees, and whether the loan is fixed or variable rate. Also, evaluate your budget to ensure you can afford the monthly payments.

Factors that can affect loan interest rates include your credit score, the loan amount, the loan term, and current market conditions.

Yes, you can refinance your car loan later if you find better rates or terms that suit your financial situation. It can help lower your monthly payments.