BAD CREDIT, NO CREDIT, BANKRUPTCIES, REPOSSESSIONS, FORECLOSURES = NO PROBLEM!
It doesn't really matter how your credit went from good to bad. Sometimes, it's a "slow drip" problem, where you make a late payment here and there, skip a payment from time to time, and ultimately get further and further behind until things spiral out of your control. Sometimes bad circumstances (like medical problems, job loss of divorce) can add up to be a damaging blow to your credit history. Then there are the credit catastrophes like bankruptcy, foreclosure or repossession.