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E. 10

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FEDERAL

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RESERVE

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statistical

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FINANCE RAlES AND OTHER TERMS ON SELECTED TYPES OF CONSUMER INSTALMENT
CREDIT EXTENDED BY MAJOR FINANCE COMPANIES
(NOT SEASONALLY AOJ US TED)

L 01 ' 1976
IBR.AR't'

RIL

JUN ?

~''

]9?s

....... ~-

Qlf~E

~~~~-----------------------------------------------~--------------------------------------------------------~---11

II
II

PERIOD

II

I!

PERSONAL LOANS

MOBILE HOME CREDIT

II

II
II"OTHER CONSUMER GOODS" 1/ C.RE Oil
II

1-------------------------------11I1--------------------------------1
AVERAGE I AVERAGE I
I1--------------------------------1
I AVERAGE I AVERAGE I
II AVERAGE I AVERAGE I

I I FINANCE I AMOUNT I AVERAGE II FINANCE I AMOUNT
I AVERAGE I I FINANCE I AMOUNT
I AVERAGE
II
RATE
I FINANCED I MATURITY II
RATE:
I FINANCED I MATURITY II
RATE
I FINANCED I MATURITY
IICPER CENTll (DOLLARS)! (MONTHS) IICPER CENT)! (DOLLARS)! (MONTHS) IHPER CENHI CDDLLARS)I (MONThS)

-------------------------------------------------------------------------------------------------------------------II
I
1974

HAY
AUGUST
NOVEMBER
1975

FEBRUARY
MAY
AUGUST
NOVEMBER
1976

FEBRUARY

I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I

20.54
21.11

1,207

...
1,202

35.6
35 .. 1

I
I
I
I

13.08

7,142

120.8

18.90

439

21.7

I

13.60

7,608

122.6

19.49

436

20.4

t

'

I

....
20.72

36.9

21.09

1,309

21.13

1,317

36.6

I
I
I
I
I
I

13.57

7,715

121.9

19.63

468

21.5

13.43

8,162

122.6

19.66

475

21.3

t

13.18

8,210

122.8

19.58

476

21.1

I

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1/ EXCLUDES AUTOMOBILES, RECREATIONAL VEHICLES, AND MOBILE HOMES
NOTE: THE DATA SHOWN IN THIS TABLE ARE COMPILED FROM A QUARTERLY SURVEY CONDUCTED BY THE BOARD OF GOVERNORS
OF THE FEDERAL RESERVE SYSTEM. FOR MOBILE HOMES AND "OTHER CONSUMER GOODS," THE DATA COVER CONTRACTS PURCHASED
BY FINANC.E COMPANIES, PRIMARILY FROM RETAIL OUTLETS; FOR PERSONAL LOANS, THEY COVER SECURED AND UNSECURED LOANS
HADE DIRECTLY BY FINANCE COMPANIES FOR HOUSEHOLD, FAMILY, OR OTHER PERSONAL EXPENDITURES. RATES ARE AVERAGE
CUSTOMER FINANCE RATES REPORTED ON AN ANNUAL PERCENTAGE RATE BASIS AS SPECIFIED IN THE FEDERAL RESERVE BOARD'S
REGULATION l (TRUTH-IN-LENDING). AVERAGE AMOUNT FINANCED STAll STICS DO NOT INCLUDE PRECOMPUTED F !NANCE ChARGES.
AVERAGE RATE AND MATURITY DATA ARE PER DOLLAR FINANCED.