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FEDERAL

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RESERVE

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statistical

release

Finance Rates and Other Terms on Selected Categories of
Consumer Instalment Credit Extended by Finance Companies
(Not seasonally adjusted)
<-'

-<-

fk.

'V

<v"'

Customer finance rate
(per cent per annum)
Period
Mobile
homes

"Other
consumer
goods" 11

Average maturity
(months)

Personal
loans

Mobile
homes

"Other
consumer
goods" !/

Personal
loans

/,

·0(

""!<'

Average amount fina~~.~'/r~c
(dollars)
'G()
Mobile
homes

"Other
consumer
goods" 11

Personal
loans

1974
January

13.24

18.90

20.68

118.6

20.9

33.5

6,892

412

1,092

March

13.15

18.69

20.57

119.5

21.7

34.4

6,978

449

1,143

May

13.07

18.90

20.57

120.5

21.7

35.5

7,124

439

1,202

July

13.21

19.24

20.78

122.7

21.2

35.4

7,500

431

1,169

September

13.42

19.30

20.93

123.6

20.6

34.9

7,658

437

1,171

November

13.60

19.49

21.16

122.5

20.4

35.1

7,599

436

1,194

January

13.60

rl9.80

r21.09

rl20.1

r20.2

r35.1

7,369

425

1,182

March

13.59

20.00

20.83

120.2

20.6

35.7

7,419

453

1,249

1975

11 Excludes automob1les and recreat1onal veh1cles.
r-- Revised.
NOTE: The data shown on this release are compiled from a bimonthly 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 :l;inance companies, primarily from retail outlets; for personal loans, they cover secured and unsecured loans
directly by finance companies for household, family or other personal expenditures. Rates are reported on
Digitized ~de
for FRASER
an Annual Percentage Rate basis as specified in the Federal Reserve Board's Regulation Z (Truth-in-Lending).