Volkswagen Tiguan 2022 2.0 TSI Life Car Loan Calculator in UAE

The car loan process generally involves choosing a bank, submitting necessary documents, and filling out an application. After approval, you can finalize the purchase.

Yes, taking a loan can impact your credit score, as it reflects your credit utilization and payment history. It is important to manage repayments responsibly.

Interest rates can vary by bank and your credit profile, typically ranging from 3% to 7%. It's advisable to compare offers from different banks.

Generally, you will need your Emirates ID, proof of income, bank statements, and details of the vehicle you intend to purchase.

Factors include your credit score, the loan amount, repayment period, and the bank's policies. A higher credit score usually results in better terms.