No credit is not the same as bad credit. Having no credit doesn't mean that you aren't a responsible person, it typically means that you haven't had a need to establish any credit at this point in your life. Lenders understand that people have to start somewhere, sometime. They just want to be assured if they agree to offer you a loan, that you are good for the money.
People with no credit are usually younger, in college or just getting out into the workforce. We all started with no credit at some point. Welcome to the world of financial responsibility!