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FEDERAL RESERVE statistical release
.....
E. 10 (120)

FOR IMMEDIATE RELEASE
FEBURARY l , l ~uz
FINANCE RATES AND OTHER TERMS ON SELECTED TYPES OF CONSUMER INSTALLMENT
CREDIT EXTENDED BY MAJOR FINA~CE COMPANIES
(NOT SEASONALLY ADJaSTED)
II
II
II

II
II
II

PERSONAL LOANS

MOBILE HOME CREDIT

II
II"OTHER CONSUMER GOODS" 1/ CREDIT
II

Ill1--------------------------------ll--------------------------------ll-------------------------------AVERAGE I AVERAGE I
II AVERAGE I AVERAGE I
II AVERAGE I AVERAGE I
J?EBIO D

II FINANCE I AMOUNT I AVERAGE II FINANCE I AMOUNT I AVERAGE II FINANCE I AMOUNT I AVERAGE
II
RATE
I FINANCED I MATURITY II
RATE
I FINANCED I MATURITY II
RATE
I FINANCED I MATURITY
II (PER CENT) I (DOLLARS) I (!'IONTHS) II (PER CENT) I (DOLLARS) I (MONTHS) II (PER CENT) I (DOLLARS) I (MONTHS)
jl

1980
FEBRUARY
MAY
AUGUST
NOVEMBER
1981
FEBRUARY
MAY
AUGUS'.l'
HOVEftBER

II
II
IJ
II
II
II
II
II
II
Jl
II
II
II

20.55
21.16
21.32
21.48

21.42
20.75
21.60
22.94

1,816
2,040
1,912
2,130

2,370
2,634
2,614
2,677

58.4
66.1
63.1
67.6

70.3
76.4
77.2
60.3

II
II
II
II
II
II
II
II
II
II
II
II
II
II

14.05
15.94
15.91
15.98

17.3 8
17.54
18.28
19.22

I
I
I
I
I

J
I

12,479
12, 811
12,398
13,540

133.4
135.7
129.6
150.0

19.65
20.90
20.94
20.94

589
660
568
683

24. 1
24.5
24.6
24.9

I
I
I
I
I
I
I

13,675
13,961
15,274
15,591

148.5
152. 1
156.1
159.7

20.96
21.00
21.56
22.95

758
798
898
878

27.0
28.9
31.,
27.7

-----------------------------------------------------------------------------------------------------------------1/ EXCLUDES AUTOMOBILES, RECREATIONAL VEHICLES, AND MOBILE HOMES.
NOTE: THE DATA SHOWN IN THIS TABLE ARE COMPILED FROft A QUA.RTEaLY SURVEY CONDUCTED BY THE BOARD OF GOVERNCRS
OF THE FEDERAL RESERVE SYSTEft. FOB MOBILE HOMES AND "OTHER CONSUMER GGODS," THE DATA COVER CONTRACTS PURCHASED
BY FINANCE COMPANIES, PRiftARILY FROM RETAIL OUTLETS; FOR PERSONA~ LOANS, THEY COVER SECURED AND UNSECURED LOANS
ftADE 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 Z (TRUTH-IN-LENDING). AVERAGE AMOUNT FINANCED STATISTICS DO NOX INCLUDE PRECOMPUTED FINANCE CHARGES.
AVERAGE BATE AND ftATURITY DATA ARE PER DOLLAR FINANCED.
OTHER 2EDERAL RESERVE STATISTICAL RELEASES WHICH REPORT FINANCE RATES ON CONSU~ER LOANS ARE:
E.12 (122) (COMMERCIAL BANKS) AND E. 4 (114) (AUTOI!OBILE FINANCE COMPANIES).