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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

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