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F E D E R A L III! 'A" R E S E R V E statistical release I G.18 A p r i l 7, 1975 CONSUMER INSTALMENT CREDIT AT COMMERCIAL BANKS FEBRUARY 1975 Consume.rs owed c o m m e r c i a l b a n k s $ 7 1 , 1 5 1 m i l l i o n on an i n s t a l m e n t b a s i s a t the" end of F e b r u a r y . T o t a l i n s t a l m e n t c r e d i t d e c 1 inert $625 m i l l i o n d u r i n g t h e m o n t h . I n s t a l m e n t c r e d i t e x t e n d e d d u r i n g F e b r u a r y was w e l l be low t h $ J a n u a r y volume, r e f l e c t i n g , in p a r t , f e w e r t r a d i n g d a y s i n F e b r u a r y . A d e c r e a s e of $473 m i l l i o n ' i n c r e d i t c a r d l e n d i n g c o n t r i b u t e d most h e a v i l y t o t h e n e t r e d u c t i o n of $354 m i l l i o n i n extensions. • Consumer I n s t a l m e n t C r e d i t a t Commercial Banks Type. of. c r e d i t Automobile, p a p e r , total Purchased Direct Othe^consumer goods: C r e d i t cards M o b i l e homes All other Home improvement l o a n s P e r s o n a l loans.: C h e c k - c r e d i t . All other Total Amounts o u t s t a n d i n g Changi2 f r o m : Month Year ago Volume e x t e n d e d Change f r o m : Month F e b . 28, 1975 Feb . 1975 29,601 -210 -1,197 1,850 230 -10 18,104 11,497 -126 - 84 666 531 1,100 750 140 90 - 11 21 8,149 7,522 6,272 - 4,359 2,447 12,801 -176 - 65 - 51 - 40 - 1 - 82 1,379 237 209 422 274 581 1,202 124 354 126 275 815 -473 - 3 15 4 - 47 - 80 146 -105 - 43 - 23 16 - 92 71,151 -625 1,905 4,746 -354 - 91 . 2,790 8,294 4,185 5,447 6,837 7,945 - 32 - 66 - 36 - 45 -114 -122 121 454 53 210 234 45 182 521 225 325 387 511 - 37 - 98 - 13 9 - 24 - 47 - 3 5 - 28 3 - 51 - 61 9,562 3,758 2,165 4,120 4,311 11,737 - 77 - 16 5 - 44 - 36 - 42 655 258 150 300 322 910 - 27 - 10 27 31 - 16 - 17 29 - • F e d e r a l Reserve D i s t r i c t : Boston • New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o *Less than 0.5 m i l l i o n d o l l a r s . http://fraser.stlouisfed.org/ I I Federal Reserve Bank of St. Louis - 363 166 182 94 13 528 • 30 - 34 - 27 - 86