Usually such car loan attracts people who have no sufficient savings because in case of such credit registration just funds for payment of insurance and alarm system are necessary.
Now banks after being tested by crisis when many people have not repaid their debt impose to future clients much more strict requirements. Today you hardly can find a bank which will allow taking the credit without initial payment. Interest for use also has grown.
Anyway, some banks today apply loan granting on purchase of a car without payment of the initial amount. They cooperate with many car sales centers the specialists of which can offer their services. These banks grant auto credits according to simple scheme to all citizens whose age reached eighteen years under a small annual interest. Also urgent loans are granted both with registration of an insurance and without it.
Among these banks there are such which are the participants of state programs (including subsidizing of auto loans) and are participants of programs arranged by of direct producers of cars. Vehicles are registered within the day according to such programs. Just a passport or other document confirming the identity is required (references aren’t necessary).
Some banks offer car loans to clients who have salary cards under low interest and if the client receives a government subsidy on a car loan bank start the preferential programs action.