Lamborghini Huracan 2023 LP 580-2 Spyder Car Loan Calculator in OMAN

To be eligible for a car loan in Oman, you typically need to be at least 21 years old, have a stable income, a good credit score, and provide necessary documentation such as salary slips and identification.

Taking out a car loan can impact your credit score positively if you make timely payments, but it may initially lower your score due to the hard inquiry and increase in debt.

Key factors include the interest rate, loan term, monthly payment amount, and any additional fees. It's also important to compare offers from different banks.

Typically, you will need to provide your identification, proof of income (such as salary slips), bank statements, and any existing loan information.

Factors influencing the interest rate include your credit score, the loan amount, the loan term, and the current economic conditions in Oman.