Car dealers demand more cash for down payments - USATODAY.com

When articles say that banks will quit lending it is really too simple. Banks are in the business of lending and they will not all stop, but what they will do is to cut back and not lend as much. Here is an example of how this is affecting car loans.

Car dealers demand more cash for down payments - USATODAY.com:

"Tighter credit standards are forcing many car buyers to put down more cash up front to get a loan.

The average down payment last month was $3,108, up 42% from $2,194 in the same month two years ago, Edmunds.com reports"