If you have fair credit and it not have anything tragic on your credit report, then there are a few good sources that you can use to obtain auto financing. If you have tried to obtain a car loan at a local dealership or two, have been turned down and are looking for an approval and a good interest rate, then there are sources that can help you in obtaining a "fair credit auto loan".
If you have a really good credit score, you can go pretty much anywhere that you want to, to obtain a car loan.
\"fair Credit\"
If you have a fair to marginal credit rating, then you can expect to pay a slightly higher interest rate however, there is absolutely no reason that you should have to come up with a down payment to put down a car. The only reason you would ever need a down payment is if the price of the car far exceeds the loan value. If the price of the car exceeds the loan value by very much, then you are getting a good deal anyway and should avoid that type of deal. In other words, don't give a dealer a down payment because you don't have to. It's simply a matter of understanding the system.
If you have fair credit, the easiest and fastest way to obtain a car loan is online. It used to be that only the major lenders accepted applicants on the Internet, now second chance finance and secondary lending sources have programs that allow you to get started online.
One thing to keep in mind, is that although there are many offers for car credit online, make sure that you're dealing with a reputable source. All companies and websites are certainly not created equal and it's in your best interests to use sources that are reputable.
Car Loans For People With Fair Credit
Recommended: Fair Credit Loans for cars can be obtained through a good source listed at http://www.BuyingCarswithBadCredit.com.
Best of luck in your endeavors.
Jason Lanier