The phrase "fair credit" means having an average or reasonable credit rating. It suggests that a person's creditworthiness is neither good nor bad, but falls somewhere in the middle. Full definition
Consumers who have poor or fair credit reports may be get approved for an unsecured personal loan if they have a steady income and few debts. (personalmoneyservice.com)
While lenders typically prefer credit scores to fall in the good to excellent range, people with fair credit scores are still considered viable applicants for many loans. (creditcards.com)
Usually, consumers with fair credit scores can access credit, though high interest rates and limited credit lines can hamper this group. (lendedu.com)