Most of the reviewed lenders can offer bad credit consumers auto loans, even with no money down. However, it is in your best interest to make a down payment — the bigger, the better. By doing so, you may be able to get a better bad credit loan term and/or interest rate despite your credit problems, and you’ll certainly have a smaller loan to repay. Another strategy to improve your credit situation is to enlist a cosigner for the loan. A cosigner provides extra confidence that the bad credit loan will be repaid, allowing the dealer to follow its strong inclination to close the deal. This is because the cosigner is equally responsible for making payments if you default on the loan. You may find that many of the dealers that welcome consumers with a bad credit history are buy here, pay here dealerships. These dealerships offer self-financed loans, which means they don’t have to get the permission of some bank, credit union, or other financial institution to make the loan. This kind of car dealership is among the most likely to offer a no-money-down loan.