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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G.21

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February 4, 1957

CONSUMER LOANS MADE UNDER EFFECTIVE STATE SMALL LOAN LAWS*
Amount outstanding and volume of loans made
December 1956
(Estimates, In millions of dollars)

Item

December
1956

December
1955

December
• 1954

Amount of loans outstanding,
end of month
Change from:
Month ago
Year ago

2,351.3

2,050.6

1,848.2

•+ 83.9
+ 300.7

+ 82.7
+ 202.4

+ 64,7
+ 156.1

Volume of loans made during
month
Change from:
Month ago
Year ago

453.9

430.0

374.7

+ 115.0
+ 23.9

+ 108.1
+ 55.3

+

93.7
25.3

*Data cover all consumer loans made under effective State small
loan laws, as defined by the National Consumer Finance Association.
Includes such loans made by,consumer finance companies, sales finance
companies, and other lending Institutions.