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F E D E R A L

R E S E R V E

statistical

release

. G.18

2-0-i.

April 5 , 1971

j

•

- - -

!

CONSUMER INSTALMENT CREDIT A T COMMERCIAL BANKS
:

FEBRUARY 1971

Consumers owed $41,446 million on instalment credit at commercial.banks at
the end of February, $ 165 million less than a_month earlier but $1,456 million more than
at 'the end. of February 1970.
Loans" made during February were $103 million larger than in January reflecting a con'raseasonal expansion in automobile loans partially offset by a seasonal reduction in credit card volume. All major types of consumer instalment loan except
purchased automobile paper exceeded the volume extended in February last year.
Consumer Instalment Credit at Commercial Banks
(Estimates, in millions of dollars)

• .

Amounts outstanding
j Change from:
Feb. 28,
I Month Year
1971
ago
ago

Type of credit

Automobile paper, total
Purchased
Direct
Other consumer good's: Credit cards
Other
Home repair and modernization loans
Personal loans: Check-credit
Other

.

19,726

- 57

-392

1,326

+162

+ 62

12,165
7,561

-88
+ 31

-420
+ 28

771
555

+ 93
+ 69

- 18
+ 80

+
-

53
25
23
8
15

+670
+391
+ 13
+159
+615

408
330
92
128
704

+
+
-

80
29
13
1
20

+ 57
+ 65
+
8
+
6
+ 55

-165

+1,456

2,988

+103

+253

16
29
17
29
8
12

7
+491
+ 85
+189
+245
+175

123
393
155
196
300
306

1
- 8
+
3
- 2
+ 22
+ 12

- 6
+ 16
+
3
+
1
+ 39
+ 23

- 55
+ 15
- 6
6
- 8
- 10

'+ 80
+162
+ 21
+- 39
-137
+113

383
167
82
179
175
529

+
3
+ 21
+
3
- 5
1
+ 56

f
+
+
+
+
+

3,054
5,481
2,704
1,165
9,316
41,446

. Total,

Volume extended
Change from:
Year
Month
ago
ago

Feb .
1971

'

Federal Reserve District:
Boston
New York •
Philadelphia
Cleveland
'Richmond
Atlanta
-

.

Chicago
• St. Louis
Minneapolis
Kansas City
Dallas
San Francisco




1,766
5,702
2,539
3,329
3,845
4,1-61
• 5,757
2,091
1,344
2,233
2,446
6,228

+
-

33
42
2
14
10
71

"