Cerato 1.6L LX Car Loan Calculator in EGYPT

To be eligible for a car loan, you typically need to be at least 21 years old, have a stable income, and provide necessary documentation such as identification, proof of income, and any existing financial obligations.

Taking a car loan can impact your credit score positively if you make timely payments, but missing payments can negatively affect it. Always ensure you can meet the repayment terms.

Consider the interest rates, loan terms, your budget for monthly payments, and any additional fees associated with the loan. It's also important to review your financial situation before applying.

Factors that can affect the interest rate include your credit score, the loan amount, the loan term, and current economic conditions. Lenders may also have specific criteria that can influence rates.

Yes, you can refinance your car loan if you find better interest rates or improved loan terms. However, consider any fees associated with refinancing before making a decision.