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• -= • FEDERAL . • • RESERVE • • 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).