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• • • .-- • • • -~ reI e a s.e statistical RESERVE FEDERAL ··1----------------------------------~--------------------- -= J.3 ..... For immediate release May 29, 1973 Rates and Other Terms on Selected Categories of Instalment Credit Extended by Finance Companies (Not seasonally adjusted) ~" Customer finance rate (per cent per annum) Period 'TAJ ''Y1-GJ!'di:;w~nt financed Average maturity (months) lars) Mobile homes "Other consumer goods" 1/ Personal loans Mobile homes "Other consumer goods" 1/ Personal loans Mobile homes "Other consumer _goods" 1/ March 12.57 19.75 21.21 102.1 21.6 32.3 5,967 382 970 May 12.29 19.31 21.23 104.1 21.7 32.4 6,206 395 1,016 July 12.25 19.38 21.26 105.5 21.6 32.1 6,345 392 999 September 12.41 19.15 21.05 108.1 21.8 32.4 6,540 408 1,013 November 12.41 r 18.90 21.22 112.0 21.8 32.4 6,479 404 984 January 12.51 19.04 21.00 r 112,2 21.3 32.3 r 6, 360 395 r 1,001 March 12.54 18.95 20.75 113.9 21.1 33.2 6,430 403 1,059 Personal loans 1972 1973 1/Excludes automobiles and recreational vehicles. 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 finance companies, primarily from retail outlets; for personal loans, they cover secured and unsecured loans made directly by finance companies for household, family or other personal expenditures. Rates are reported on an Annual Percentage Rate basis as specified in the Federal Reserve Board's Regulation Z (Truth-in-Lending). Data on the amount financed exclude finance charges. http://fraser.stlouisfed.org/ r--Revised. Federal Reserve Bank of St. Louis •
