It becomes so very important for you to know well about the entire process that operates behind the Bad Credit Car Loans. Else there is every possibility that you will end caught in the wrong end. The systems here are more or less similar as the loan operations for those wit good credit histories. The major difference is that you will need to bring in a little more as down payment. The interest rates too will be higher. The down payments are again proportional to the severity of the bad credit that you are presently in.