Full text of G.19 Consumer Credit : August 7, 1997

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Release Date: August 7, 1997
Release dates | Historical data
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Consumer credit data have been revised to incorporate the updating of seasonal factors and the benchmarking of the finance
company components to the June 1996 Survey of Finance Companies.
In addition to the usual benchmark revisions, the revolving credit category has been expanded to include the revolving
credit held by finance companies, and the "other" category has been reduced by the same amount. Previously, revolving credit
was not reported by finance companies separately but was carried as part of "other" consumer credit. Thus, this change does
not affect total consumer credit.
This release includes revised data from the beginning of 1990. A diskette containing complete historical data for all
series shown in this release is available from the Federal Reserve Board's Publications Section, Mail Stop 127, Board of
Governors of the Federal Reserve System, Washington, DC, 20551, (202) 452 - 3245.

G.19
1

CONSUMER CREDIT
June 1997

For release at 3 p.m. (Eastern Time)
August 7, 1997

The amount of consumer credit outstanding in June was unchanged from that in May. Revolving credit grew a bit more rapidly than in
May, while the level of motor vehicle credit was unchanged and that of "other" credit declined in June. Data in this release have
been revised from January 1990 to date.

CONSUMER CREDIT OUTSTANDING 1
Seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1996
1997
_______________________________________________________ _______________________________________________
June r July r Aug. r Sept. r Oct. r Nov. r Dec. r Jan. r Feb. r Mar. r Apr. r
May r June p
--------------------------------------------------------------------------------------------------------------------------------------Percent change at annual rate 2
Total
7.2
12.7
7.3
2.4
5.8
4.3
0.2
11.3
7.7
2.7
8.9
2.5
0.0
Automobile
14.4
13.1
1.5
2.2
4.9
-0.1
5.6
1.0
0.5
-1.1
11.7
0.4
-0.2
Revolving
5.8
15.1
7.3
5.6
13.5
13.3
5.5
17.7
12.6
-2.7
6.8
4.1
5.8
Other 3
0.2
8.1
14.6
-2.6
-5.4
-4.9
-15.4
14.2
8.9
16.7
8.8
2.5
-9.5
Amount: billions of dollars
Total
1,152.4 1,164.5 1,171.6 1,173.9 1,179.6 1,183.8 1,184.0 1,195.2 1,202.9 1,205.6 1,214.5 1,217.0 1,217.0
Automobile
381.6
385.7
386.2
386.9
388.5
388.5
390.3
390.6
390.8
390.4
394.3
394.4
394.3
Revolving
473.6
479.6
482.5
484.8
490.3
495.7
498.0
505.3
510.6
509.5
512.4
514.1
516.6
Other 3
297.2
299.2
302.8
302.2
300.8
299.6
295.7
299.2
301.4
305.6
307.9
308.5
306.1
--------------------------------------------------------------------------------------------------------------------------------------TERMS OF CREDIT AT COMMERCIAL BANKS AND FINANCE COMPANIES 4
Percent except as noted: not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------Institution, terms, and type of loan
--------------------------------------------------------------------------------------------------------------------------------------Commercial banks
Interest rates
48-mo. new car
n.a.
n.a.
9.11
n.a.
n.a.
9.03
n.a.
n.a.
8.92
n.a.
n.a.
9.20
n.a.
24-mo. personal
n.a.
n.a.
13.37
n.a.
n.a.
13.62
n.a.
n.a.
13.46
n.a.
n.a.
13.81
n.a.
Credit card plan
All accounts
n.a.
n.a.
15.65
n.a.
n.a.
15.62
n.a.
n.a.
15.88
n.a.
n.a.
15.75
n.a.
Accounts assessed interest
n.a.
n.a.
15.64
n.a.
n.a.
15.52
n.a.
n.a.
15.13
n.a.
n.a.
15.72
n.a.
New car loans at auto finance companies
Interest rates
9.53
9.81
10.49
10.52
10.40
10.31
8.60
7.17
7.44
8.08
8.56
7.80
7.64
Maturity (months)
50.4
50.5
51.4
51.9
52.5
52.3
52.3
55.1
54.6
53.5
52.8
53.2
53.3
Loan-to-value ratio
91
91
92
91
89
90
90
92
92
90
91
93
93
Amount financed (dollars)
16,854 16,926 16,927 17,182 17,435 17,719 17,670 17,090 16,837 17,198 17,620 18,060 18,171
--------------------------------------------------------------------------------------------------------------------------------------This release is issued around the fifth business day of each month. The exact date and time may be obtained by calling (202) 452 - 3206.
Footnotes appear on reverse.

1
CONSUMER CREDIT OUTSTANDING
(Billions of dollars)
Not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1996
1997
_______________________________________________________ _______________________________________________
June r July r Aug. r Sept. r Oct. r Nov. r Dec. r Jan. r Feb. r Mar. r Apr. r
May r June p
--------------------------------------------------------------------------------------------------------------------------------------Total

1,146.9 1,157.6 1,171.6 1,177.3 1,180.2 1,190.3 1,214.9 1,204.8 1,197.2 1,194.0 1,202.6 1,206.9 1,211.4

Major holders
Commercial banks
Finance companies
Credit unions
Savings institutions
Nonfinancial business
Pools of securitized assets 5

505.7
153.9
136.1
42.1
72.0
237.2

510.2
155.8
137.9
43.0
69.9
240.8

516.7
154.7
140.0
44.0
71.0
245.3

517.1
154.6
140.9
44.9
68.5
251.2

521.3
151.4
143.0
44.9
68.0
251.7

523.0
151.0
143.3
44.8
69.8
258.4

529.4
152.4
144.1
44.7
77.7
266.5

525.7
153.5
144.4
45.1
73.6
262.5

518.6
153.3
143.8
45.5
70.6
265.4

511.6
153.0
144.4
45.9
70.0
269.2

516.6
151.9
146.3
46.2
69.3
272.2

518.0
154.2
147.6
46.6
67.7
272.8

515.8
156.5
148.7
47.0
68.0
275.4

Major types of credit 6
Automobile
Commercial banks
Finance companies
Pools of securitized assets 5

380.7
152.9
86.3
46.8

385.6
153.9
88.0
47.8

388.4
154.5
87.2
48.8

390.4
153.1
88.7
49.5

392.7
154.8
88.0
49.2

392.1
154.8
87.6
49.3

393.2
154.0
86.7
52.4

389.5
153.0
86.8
49.5

387.5
151.8
87.1
48.2

386.7
150.5
85.8
49.3

389.8
150.9
83.2
53.5

391.3
151.2
85.1
51.5

393.4
149.0
87.0
52.7

Revolving
Commercial banks
Finance companies
Nonfinancial business
Pools of securitized assets 5

470.3
204.0
29.8
42.6
169.2

474.7
207.3
30.0
40.5
171.6

480.7
209.8
29.2
41.3
174.6

483.3
211.2
29.4
38.8
178.0

487.5
215.0
29.6
38.1
178.6

497.8
217.9
29.9
39.3
184.0

522.9
228.6
32.5
44.9
188.7

513.4
223.2
32.3
41.9
187.9

508.6
215.8
32.2
39.8
192.3

502.9
207.3
33.2
39.4
194.5

504.9
209.0
34.3
39.0
193.8

509.2
212.8
34.4
37.1
195.8

513.4
215.3
34.1
37.3
196.9

Other
295.8
297.3
302.6
303.5
299.9
300.4
298.8
301.9
301.1
304.4
307.9
306.4
304.6
Commercial banks
148.7
149.1
152.5
152.8
151.4
150.2
146.8
149.6
151.0
153.9
156.7
154.0
151.4
Finance companies
37.8
37.9
38.3
36.5
33.8
33.6
33.2
34.4
34.0
34.0
34.3
34.7
35.3
Nonfinancial business
29.4
29.4
29.7
29.7
29.8
30.5
32.8
31.7
30.8
30.5
30.4
30.7
30.8
Pools of securitized assets 5
21.2
21.4
21.8
23.7
23.9
25.1
25.4
25.1
24.9
25.3
24.9
25.5
25.8
--------------------------------------------------------------------------------------------------------------------------------------1. Covers most short- and intermediate-term credit extended to individuals, excluding loans secured by real estate.
2. Percent changes calculated from unrounded data.
3. Comprises mobile home loans and all other loans not included in automobile or revolving credit, such as loans for education, boats,
trailers, or vacations. These loans may be secured or unsecured.
4. Interest rates are annual percentage rates (APR) as specified by the Federal Reserve's Regulation Z. Interest rates for new-car loans
and personal loans at commercial banks are simple unweighted averages of each bank's most common rate charged during the first calendar
week of the middle month of each quarter. For credit card accounts, the rate for all accounts is the stated APR averaged across all
credit card accounts at all reporting banks. The rate for accounts assessed interest is the annualized ratio of total finance charges at
all reporting banks to the total average daily balances against which the finance charges were assessed (excludes accounts for which no
finance charges were assessed). Finance company data are from the subsidiaries of the three major U.S. automobile manufacturers and are
volume-weighted averages covering all loans of each type purchased during the month.
5. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
the loan originators.
6. Includes estimates for holders that do not separately report consumer credit holding by type.
r=revised. p=preliminary.

G.19
1

CONSUMER CREDIT
December 1996

For release at 3 p.m. (Eastern Time)
August 7, 1997

CONSUMER CREDIT OUTSTANDING 1
Seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1995
1996
_______ _______________________________________________________________________________________________
Dec. r Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Percent change at annual rate 2
Total
7.6
9.0
12.7
11.1
9.3
6.0
7.2
12.7
7.3
2.4
5.8
4.3
0.2
Automobile
9.1
7.0
10.2
12.1
9.5
9.9
14.4
13.1
1.5
2.2
4.9
-0.1
5.6
Revolving
13.8
14.5
21.4
15.3
16.1
10.7
5.8
15.1
7.3
5.6
13.5
13.3
5.5
Other 3
-3.1
3.1
2.8
3.2
-1.6
-6.1
0.2
8.1
14.6
-2.6
-5.4
-4.9
-15.4
Amount: billions of dollars

Total
1,100.7 1,109.0 1,120.7 1,131.0 1,139.8 1,145.5 1,152.4 1,164.5 1,171.6 1,173.9 1,179.6 1,183.8 1,184.0
Automobile
362.1
364.2
367.3
371.0
374.0
377.0
381.6
385.7
386.2
386.9
388.5
388.5
390.3
Revolving
441.9
447.2
455.2
461.0
467.2
471.4
473.6
479.6
482.5
484.8
490.3
495.7
498.0
Other 3
296.8
297.5
298.2
299.0
298.6
297.1
297.2
299.2
302.8
302.2
300.8
299.6
295.7
--------------------------------------------------------------------------------------------------------------------------------------TERMS OF CREDIT AT COMMERCIAL BANKS AND FINANCE COMPANIES 4
Percent except as noted: not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------Institution, terms, and type of loan
--------------------------------------------------------------------------------------------------------------------------------------Commercial banks
Interest rates
48-mo. new car
n.a.
n.a.
9.12
n.a.
n.a.
8.93
n.a.
n.a.
9.11
n.a.
n.a.
9.03
n.a.
24-mo. personal
n.a.
n.a.
13.63
n.a.
n.a.
13.52
n.a.
n.a.
13.37
n.a.
n.a.
13.62
n.a.
Credit card plan
All accounts
n.a.
n.a.
15.82
n.a.
n.a.
15.44
n.a.
n.a.
15.65
n.a.
n.a.
15.62
n.a.
Accounts assessed interest
n.a.
n.a.
15.41
n.a.
n.a.
15.41
n.a.
n.a.
15.64
n.a.
n.a.
15.52
n.a.
New car loans at auto finance companies
Interest rates
10.52
9.74
9.86
9.77
9.64
9.37
9.53
9.81
10.49
10.52
10.40
10.31
8.60
Maturity (months)
53.6
51.8
52.3
51.8
51.5
50.8
50.4
50.5
51.4
51.9
52.5
52.3
52.3
Loan-to-value ratio
92
92
91
91
91
91
91
91
92
91
89
90
90
Amount financed (dollars)
17,034 16,698 16,627 16,520 16,605 16,686 16,854 16,926 16,927 17,182 17,435 17,719 17,670
--------------------------------------------------------------------------------------------------------------------------------------This release is issued around the fifth business day of each month. The exact date and time may be obtained by calling (202) 452 - 3206.
Footnotes appear on reverse.

1
CONSUMER CREDIT OUTSTANDING
(Billions of dollars)
Not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1995
1996
_______ _______________________________________________________________________________________________
Dec. r Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Total

1,128.6 1,117.9 1,115.8 1,120.5 1,129.0 1,135.9 1,146.9 1,157.6 1,171.6 1,177.3 1,180.2 1,190.3 1,214.9

Major holders
Commercial banks
Finance companies
Credit unions
Savings institutions
Nonfinancial business
Pools of securitized assets 5

507.8
152.1
131.9
40.1
85.1
211.6

499.4
152.1
131.5
40.2
80.7
213.9

497.2
153.9
131.2
40.4
78.1
215.0

497.7
152.5
131.5
40.7
76.7
221.4

503.9
154.3
132.8
41.1
73.7
223.0

502.3
156.1
134.6
41.6
74.1
227.2

505.7
153.9
136.1
42.1
72.0
237.2

510.2
155.8
137.9
43.0
69.9
240.8

516.7
154.7
140.0
44.0
71.0
245.3

517.1
154.6
140.9
44.9
68.5
251.2

521.3
151.4
143.0
44.9
68.0
251.7

523.0
151.0
143.3
44.8
69.8
258.4

529.4
152.4
144.1
44.7
77.7
266.5

Major types of credit 6
Automobile
Commercial banks
Finance companies
Pools of securitized assets 5

364.7
149.1
81.1
44.6

363.1
148.2
82.0
42.6

364.3
147.7
84.1
41.8

367.6
148.5
84.3
43.5

369.9
150.1
86.5
41.2

374.1
150.5
87.4
42.6

380.7
152.9
86.3
46.8

385.6
153.9
88.0
47.8

388.4
154.5
87.2
48.8

390.4
153.1
88.7
49.5

392.7
154.8
88.0
49.2

392.1
154.8
87.6
49.3

393.2
154.0
86.7
52.4

Revolving
Commercial banks
Finance companies
Nonfinancial business
Pools of securitized assets 5

464.1
210.3
28.5
53.5
147.9

454.7
200.1
28.7
50.5
151.6

453.5
198.9
28.9
48.6
153.4

455.1
196.8
29.1
47.4
157.9

460.5
201.1
29.3
44.5
161.4

466.6
203.4
29.5
44.7
164.5

470.3
204.0
29.8
42.6
169.2

474.7
207.3
30.0
40.5
171.6

480.7
209.8
29.2
41.3
174.6

483.3
211.2
29.4
38.8
178.0

487.5
215.0
29.6
38.1
178.6

497.8
217.9
29.9
39.3
184.0

522.9
228.6
32.5
44.9
188.7

Other
299.8
300.1
298.0
297.8
298.6
295.2
295.8
297.3
302.6
303.5
299.9
300.4
298.8
Commercial banks
148.4
151.2
150.6
152.4
152.7
148.4
148.7
149.1
152.5
152.8
151.4
150.2
146.8
Finance companies
42.6
41.4
40.9
39.1
38.6
39.1
37.8
37.9
38.3
36.5
33.8
33.6
33.2
Nonfinancial business
31.5
30.2
29.5
29.3
29.2
29.5
29.4
29.4
29.7
29.7
29.8
30.5
32.8
Pools of securitized assets 5
19.1
19.6
19.8
20.0
20.4
20.1
21.2
21.4
21.8
23.7
23.9
25.1
25.4
--------------------------------------------------------------------------------------------------------------------------------------1. Covers most short- and intermediate-term credit extended to individuals, excluding loans secured by real estate.
2. Percent changes calculated from unrounded data.
3. Comprises mobile home loans and all other loans not included in automobile or revolving credit, such as loans for education, boats,
trailers, or vacations. These loans may be secured or unsecured.
4. Interest rates are annual percentage rates (APR) as specified by the Federal Reserve's Regulation Z. Interest rates for new-car loans
and personal loans at commercial banks are simple unweighted averages of each bank's most common rate charged during the first calendar
week of the middle month of each quarter. For credit card accounts, the rate for all accounts is the stated APR averaged across all
credit card accounts at all reporting banks. The rate for accounts assessed interest is the annualized ratio of total finance charges at
all reporting banks to the total average daily balances against which the finance charges were assessed (excludes accounts for which no
finance charges were assessed). Finance company data are from the subsidiaries of the three major U.S. automobile manufacturers and are
volume-weighted averages covering all loans of each type purchased during the month.
5. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
the loan originators.
6. Includes estimates for holders that do not separately report consumer credit holding by type.
r=revised. p=preliminary.

G.19
1

CONSUMER CREDIT
December 1995

For release at 3 p.m. (Eastern Time)
August 7, 1997

CONSUMER CREDIT OUTSTANDING 1
Seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1994
1995
_______ _______________________________________________________________________________________________
Dec. r Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Percent change at annual rate 2
Total
13.6
15.3
8.4
17.8
13.5
14.8
13.6
11.0
13.8
19.2
9.3
15.1
7.6
Automobile
8.0
10.7
9.8
10.0
6.8
11.0
7.3
14.1
9.5
8.3
11.9
16.8
9.1
Revolving
5.5
24.4
22.9
23.4
12.8
22.5
20.7
11.0
24.3
33.3
16.5
7.1
13.8
Other 3
31.5
8.9
-12.8
19.5
22.5
8.7
11.2
7.0
3.9
12.1
-4.5
25.0
-3.1
Amount: billions of dollars
Total
964.6
976.9
983.7
998.3 1,009.5 1,022.0 1,033.6 1,043.0 1,055.0 1,071.9 1,080.2 1,093.7 1,100.7
Automobile
326.4
329.3
331.9
334.7
336.6
339.7
341.8
345.8
348.5
350.9
354.4
359.4
362.1
Revolving
364.6
372.0
379.1
386.5
390.6
398.0
404.9
408.6
416.8
428.4
434.3
436.9
441.9
Other 3
273.6
275.6
272.7
277.1
282.3
284.3
287.0
288.7
289.6
292.5
291.5
297.5
296.8
--------------------------------------------------------------------------------------------------------------------------------------TERMS OF CREDIT AT COMMERCIAL BANKS AND FINANCE COMPANIES 4
Percent except as noted: not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------Institution, terms, and type of loan
--------------------------------------------------------------------------------------------------------------------------------------Commercial banks
Interest rates
48-mo. new car
n.a.
n.a.
9.70
n.a.
n.a.
9.78
n.a.
n.a.
9.44
n.a.
n.a.
9.36
n.a.
24-mo. personal
n.a.
n.a.
14.10
n.a.
n.a.
14.03
n.a.
n.a.
13.84
n.a.
n.a.
13.80
n.a.
Credit card plan
All accounts
n.a.
n.a.
16.14
n.a.
n.a.
16.15
n.a.
n.a.
15.98
n.a.
n.a.
15.81
n.a.
Accounts assessed interest
n.a.
n.a.
15.27
n.a.
n.a.
16.23
n.a.
n.a.
15.94
n.a.
n.a.
15.71
n.a.
New car loans at auto finance companies
Interest rates
10.72
11.35
11.89
11.95
11.74
11.43
11.08
11.01
10.85
10.75
10.89
10.84
10.52
Maturity (months)
53.9
53.9
54.1
54.5
54.6
54.4
53.9
54.1
53.5
53.4
54.6
54.5
53.6
Loan-to-value ratio
92
92
92
92
92
92
92
92
92
92
92
92
92
Amount financed (dollars)
16,187 16,068 15,774 15,826 16,029 16,155 16,083 16,086 16,056 16,402 16,430 16,583 17,034
--------------------------------------------------------------------------------------------------------------------------------------This release is issued around the fifth business day of each month. The exact date and time may be obtained by calling (202) 452 - 3206.
Footnotes appear on reverse.

1
CONSUMER CREDIT OUTSTANDING
(Billions of dollars)
Not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1994
1995
_______ _______________________________________________________________________________________________
Dec. r Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Total

988.1

984.6

979.6

989.5 1,000.4 1,013.6 1,028.5 1,036.6 1,054.9 1,074.9 1,080.7 1,099.7 1,128.6

Major holders
Commercial banks
Finance companies
Credit unions
Savings institutions
Nonfinancial business
Pools of securitized assets 5

462.9
134.4
119.6
38.5
86.6
146.1

460.9
137.1
119.6
38.2
82.8
146.1

459.3
134.3
119.7
37.8
80.2
148.2

463.0
135.4
120.6
37.5
79.7
153.3

470.1
137.4
121.4
37.8
79.1
154.6

473.9
139.2
122.8
38.2
80.0
159.6

476.3
141.3
125.7
38.5
80.5
166.2

480.5
141.7
126.8
38.9
80.0
168.7

490.4
145.1
128.7
39.3
78.6
173.0

492.4
145.7
129.2
39.7
78.3
189.6

491.8
148.2
130.3
40.1
78.8
191.6

496.0
148.3
130.9
40.5
77.9
206.0

507.8
152.1
131.9
40.1
85.1
211.6

Major types of credit 6
Automobile
Commercial banks
Finance companies
Pools of securitized assets 5

328.6
141.9
70.2
36.7

328.2
141.5
71.0
35.0

329.4
141.6
69.9
36.1

331.9
141.6
70.3
37.0

333.2
141.4
71.6
36.0

337.2
141.7
73.0
36.7

341.0
143.0
74.7
37.1

345.4
145.5
75.5
37.4

350.3
147.2
78.1
37.0

354.1
146.9
78.8
39.2

358.2
150.1
80.9
37.3

362.6
148.0
79.7
44.7

364.7
149.1
81.1
44.6

Revolving
Commercial banks
Finance companies
Nonfinancial business
Pools of securitized assets 5

383.2
182.0
25.9
56.8
96.1

378.4
178.7
26.1
53.8
97.5

377.8
179.0
26.3
52.0
98.3

381.6
180.9
26.5
51.6
102.3

385.1
182.1
26.7
50.9
104.8

393.8
185.9
27.0
51.7
108.4

401.8
187.3
27.2
52.1
114.1

404.3
187.4
27.4
51.7
116.5

415.1
195.4
27.6
49.8
120.3

427.1
195.0
27.8
49.6
132.8

432.0
195.9
28.0
50.0
135.7

438.7
197.1
28.2
48.5
141.9

464.1
210.3
28.5
53.5
147.9

Other
276.3
278.0
272.5
276.0
282.2
282.5
285.8
287.0
289.5
293.7
290.5
298.3
299.8
Commercial banks
139.0
140.8
138.7
140.5
146.6
146.3
146.0
147.7
147.7
150.5
145.7
150.9
148.4
Finance companies
38.4
39.9
38.1
38.6
39.0
39.2
39.5
38.8
39.4
39.1
39.2
40.3
42.6
Nonfinancial business
29.8
28.9
28.2
28.1
28.1
28.3
28.4
28.4
28.7
28.7
28.8
29.4
31.5
Pools of securitized assets 5
13.2
13.5
13.8
14.0
13.8
14.5
15.0
14.8
15.7
17.6
18.6
19.4
19.1
--------------------------------------------------------------------------------------------------------------------------------------1. Covers most short- and intermediate-term credit extended to individuals, excluding loans secured by real estate.
2. Percent changes calculated from unrounded data.
3. Comprises mobile home loans and all other loans not included in automobile or revolving credit, such as loans for education, boats,
trailers, or vacations. These loans may be secured or unsecured.
4. Interest rates are annual percentage rates (APR) as specified by the Federal Reserve's Regulation Z. Interest rates for new-car loans
and personal loans at commercial banks are simple unweighted averages of each bank's most common rate charged during the first calendar
week of the middle month of each quarter. For credit card accounts, the rate for all accounts is the stated APR averaged across all
credit card accounts at all reporting banks. The rate for accounts assessed interest is the annualized ratio of total finance charges at
all reporting banks to the total average daily balances against which the finance charges were assessed (excludes accounts for which no
finance charges were assessed). Finance company data are from the subsidiaries of the three major U.S. automobile manufacturers and are
volume-weighted averages covering all loans of each type purchased during the month.
5. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
the loan originators.
6. Includes estimates for holders that do not separately report consumer credit holding by type.
r=revised. p=preliminary.

G.19
1

CONSUMER CREDIT
December 1994

For release at 3 p.m. (Eastern Time)
August 7, 1997

CONSUMER CREDIT OUTSTANDING 1
Seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1993
1994
_______ _______________________________________________________________________________________________
Dec. r Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Percent change at annual rate 2
Total
13.3
8.8
10.2
14.4
14.2
14.6
14.4
9.5
17.6
16.0
16.4
12.9
13.6
Automobile
8.0
10.5
6.7
16.7
17.5
17.2
16.6
3.5
17.0
20.0
7.0
14.0
8.0
Revolving
8.8
13.6
13.5
16.7
19.6
12.2
18.4
19.9
26.5
9.2
12.7
32.4
5.5
Other 3
25.4
0.8
10.1
9.0
3.3
14.7
6.6
3.3
6.8
20.4
32.8
-14.0
31.5
Amount: billions of dollars
Total
842.9
849.1
856.3
866.6
876.8
887.5
898.2
905.3
918.6
930.9
943.6
953.8
964.6
Automobile
287.1
289.7
291.3
295.3
299.6
303.9
308.1
309.0
313.4
318.6
320.5
324.2
326.4
Revolving
309.1
312.6
316.1
320.5
325.7
329.0
334.0
339.6
347.1
349.7
353.4
363.0
364.6
Other 3
246.7
246.9
249.0
250.8
251.5
254.6
256.0
256.7
258.2
262.6
269.7
266.6
273.6
--------------------------------------------------------------------------------------------------------------------------------------TERMS OF CREDIT AT COMMERCIAL BANKS AND FINANCE COMPANIES 4
Percent except as noted: not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------Institution, terms, and type of loan
--------------------------------------------------------------------------------------------------------------------------------------Commercial banks
Interest rates
48-mo. new car
n.a.
n.a.
7.54
n.a.
n.a.
7.76
n.a.
n.a.
8.41
n.a.
n.a.
8.75
n.a.
24-mo. personal
n.a.
n.a.
12.89
n.a.
n.a.
12.96
n.a.
n.a.
13.33
n.a.
n.a.
13.59
n.a.
Credit card plan
All accounts
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
15.69
n.a.
Accounts assessed interest
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
15.77
n.a.
New car loans at auto finance companies
Interest rates
8.80
7.55
8.93
9.13
9.71
9.92
9.96
10.17
10.32
10.13
10.39
10.53
10.72
Maturity (months)
54.0
52.9
54.4
54.0
53.8
53.5
53.3
53.9
54.2
54.3
54.9
54.6
53.9
Loan-to-value ratio
90
91
91
92
92
93
94
93
93
93
92
93
92
Amount financed (dollars)
15,097 15,330 14,904 14,821 15,067 15,194 15,180 15,319 15,283 15,419 15,827 15,971 16,187
--------------------------------------------------------------------------------------------------------------------------------------This release is issued around the fifth business day of each month. The exact date and time may be obtained by calling (202) 452 - 3206.
Footnotes appear on reverse.

1
CONSUMER CREDIT OUTSTANDING
(Billions of dollars)
Not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1993
1994
_______ _______________________________________________________________________________________________
Dec. r Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Total

863.0

855.8

853.0

859.3

869.3

880.3

893.5

899.7

918.6

933.6

944.3

958.8

988.1

Major holders
Commercial banks
Finance companies
Credit unions
Savings institutions
Nonfinancial business
Pools of securitized assets 5

399.7
116.1
101.6
37.9
77.2
130.5

398.6
117.2
100.2
37.6
74.1
128.1

398.4
117.7
100.3
37.4
71.8
127.5

401.1
119.8
101.6
37.1
71.7
128.0

408.4
122.5
102.7
37.5
72.2
126.0

411.7
121.8
105.7
37.8
73.0
130.2

417.4
124.0
108.2
38.1
73.3
132.6

423.9
122.8
109.7
38.1
73.9
131.3

432.7
124.8
112.9
38.0
75.0
135.2

438.2
130.0
114.3
38.4
74.7
137.9

443.0
131.2
116.0
38.1
75.0
141.0

449.0
132.5
117.5
38.3
78.1
143.3

462.9
134.4
119.6
38.5
86.6
146.1

Major types of credit 6
Automobile
Commercial banks
Finance companies
Pools of securitized assets 5

288.9
122.0
62.7
40.2

288.8
122.4
64.3
38.0

289.3
122.2
65.2
37.4

293.2
124.2
66.1
37.3

296.9
126.9
67.9
35.4

301.9
129.4
66.8
36.7

307.3
132.0
67.4
36.7

308.4
134.4
65.9
35.7

314.9
137.5
66.5
35.8

321.5
138.8
68.6
37.4

323.8
140.3
69.0
36.6

326.9
141.6
69.8
36.5

328.6
141.9
70.2
36.7

Revolving
Commercial banks
Finance companies
Nonfinancial business
Pools of securitized assets 5

325.0
149.9
23.3
50.1
79.8

318.1
146.2
23.5
47.9
79.3

315.0
144.9
23.7
46.3
79.5

316.4
146.5
23.9
46.1
79.7

321.0
150.2
24.2
46.6
79.8

325.4
151.0
24.4
47.2
82.2

331.2
154.2
24.6
47.4
84.3

335.9
158.2
24.8
47.9
84.2

345.6
162.9
25.0
48.6
88.1

348.6
166.3
25.2
48.2
87.8

351.5
164.8
25.5
48.3
91.5

364.5
172.3
25.7
50.6
94.1

383.2
182.0
25.9
56.8
96.1

Other
249.1
248.9
248.8
249.7
251.3
253.0
255.0
255.3
258.1
263.5
268.9
267.3
276.3
Commercial banks
127.8
130.0
131.3
130.4
131.3
131.4
131.3
131.2
132.4
133.1
137.8
135.1
139.0
Finance companies
30.1
29.4
28.8
29.7
30.4
30.6
32.0
32.2
33.3
36.2
36.7
37.0
38.4
Nonfinancial business
27.1
26.2
25.6
25.6
25.6
25.8
25.9
26.0
26.4
26.5
26.7
27.5
29.8
Pools of securitized assets 5
10.5
10.8
10.6
11.1
10.7
11.3
11.6
11.4
11.2
12.7
12.9
12.7
13.2
--------------------------------------------------------------------------------------------------------------------------------------1. Covers most short- and intermediate-term credit extended to individuals, excluding loans secured by real estate.
2. Percent changes calculated from unrounded data.
3. Comprises mobile home loans and all other loans not included in automobile or revolving credit, such as loans for education, boats,
trailers, or vacations. These loans may be secured or unsecured.
4. Interest rates are annual percentage rates (APR) as specified by the Federal Reserve's Regulation Z. Interest rates for new-car loans
and personal loans at commercial banks are simple unweighted averages of each bank's most common rate charged during the first calendar
week of the middle month of each quarter. For credit card accounts, the rate for all accounts is the stated APR averaged across all
credit card accounts at all reporting banks. The rate for accounts assessed interest is the annualized ratio of total finance charges at
all reporting banks to the total average daily balances against which the finance charges were assessed (excludes accounts for which no
finance charges were assessed). Finance company data are from the subsidiaries of the three major U.S. automobile manufacturers and are
volume-weighted averages covering all loans of each type purchased during the month.
5. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
the loan originators.
6. Includes estimates for holders that do not separately report consumer credit holding by type.
r=revised. p=preliminary.

G.19
1

CONSUMER CREDIT
December 1993

For release at 3 p.m. (Eastern Time)
August 7, 1997

CONSUMER CREDIT OUTSTANDING 1
Seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1992
1993
_______ _______________________________________________________________________________________________
Dec. r Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Percent change at annual rate 2
Total
2.6
9.0
7.1
-0.8
9.5
-1.0
5.3
8.7
6.6
9.3
12.1
10.1
13.3
Automobile
9.6
1.9
14.5
2.9
6.1
8.0
10.4
9.9
10.1
8.1
21.0
7.0
8.0
Revolving
8.7
15.3
12.5
6.1
9.1
3.5
4.4
18.6
7.3
14.2
11.8
18.4
8.8

Other 3

-11.8

9.5

-6.8

-12.9

13.7

-16.3

0.5

-4.6

1.6

4.7

2.3

3.2

25.4

Amount: billions of dollars
Total
782.8
788.7
793.4
792.8
799.1
798.4
801.9
807.7
812.1
818.5
826.7
833.7
842.9
Automobile
262.6
263.0
266.1
266.8
268.1
269.9
272.3
274.5
276.8
278.7
283.6
285.2
287.1
Revolving
277.5
281.0
284.0
285.4
287.6
288.4
289.5
294.0
295.7
299.2
302.2
306.8
309.1
Other 3
242.7
244.7
243.3
240.6
243.4
240.1
240.2
239.3
239.6
240.5
241.0
241.6
246.7
--------------------------------------------------------------------------------------------------------------------------------------TERMS OF CREDIT AT COMMERCIAL BANKS AND FINANCE COMPANIES 4
Percent except as noted: not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------Institution, terms, and type of loan
--------------------------------------------------------------------------------------------------------------------------------------Commercial banks
Interest rates
48-mo. new car
n.a.
n.a.
8.57
n.a.
n.a.
8.17
n.a.
n.a.
7.98
n.a.
n.a.
7.63
n.a.
24-mo. personal
n.a.
n.a.
13.57
n.a.
n.a.
13.63
n.a.
n.a.
13.45
n.a.
n.a.
13.22
n.a.
Credit card plan
All accounts
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
Accounts assessed interest
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
New car loans at auto finance companies
Interest rates
9.65
10.08
10.32
9.95
9.61
9.51
9.45
9.37
9.21
9.21
9.25
8.96
8.80
Maturity (months)
53.6
53.9
54.3
54.6
54.5
54.4
54.6
54.7
54.9
54.7
55.0
54.5
54.0
Loan-to-value ratio
90
90
91
90
90
91
91
91
91
91
90
91
90
Amount financed (dollars)
14,315 13,975 13,849 14,013 14,021 14,146 14,296 14,430 14,324 14,348 14,650 14,839 15,097
--------------------------------------------------------------------------------------------------------------------------------------This release is issued around the fifth business day of each month. The exact date and time may be obtained by calling (202) 452 - 3206.
Footnotes appear on reverse.

1
CONSUMER CREDIT OUTSTANDING
(Billions of dollars)
Not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1992
1993
_______ _______________________________________________________________________________________________
Dec. r Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Total

801.0

795.1

790.6

786.4

792.7

791.9

797.6

802.7

812.2

820.9

827.2

837.7

863.0

Major holders
Commercial banks
Finance companies
Credit unions
Savings institutions
Nonfinancial business
Pools of securitized assets 5

365.5
118.1
89.4
37.4
70.3
120.3

365.3
116.8
90.9
37.1
66.9
118.1

363.2
113.4
91.8
37.0
64.2
121.0

362.7
112.4
91.4
36.8
63.4
119.8

366.3
112.9
93.5
37.0
63.8
119.2

369.2
108.3
94.3
37.2
64.4
118.7

370.9
110.3
95.4
37.4
64.6
119.1

375.4
111.9
96.1
37.3
65.1
116.9

379.3
110.7
98.1
37.3
66.1
120.7

383.6
110.7
98.9
37.2
66.6
123.8

385.8
111.3
99.3
37.4
67.5
125.9

391.7
113.4
100.1
37.6
69.9
125.0

399.7
116.1
101.6
37.9
77.2
130.5

Major types of credit 6
Automobile
Commercial banks
Finance companies
Pools of securitized assets 5

263.8
109.6
62.0
34.7

262.3
109.5
61.8
33.5

264.5
110.8
58.8
37.2

265.1
111.0
58.4
37.4

266.1
110.8
59.0
37.6

268.3
112.4
59.2
37.9

271.4
114.5
61.0
36.3

273.8
116.3
62.3
35.2

278.1
118.1
60.9
37.8

281.2
120.5
60.2
38.7

286.4
121.9
60.6
41.0

287.3
121.8
62.0
39.9

288.9
122.0
62.7
40.2

Revolving
Commercial banks
Finance companies
Nonfinancial business
Pools of securitized assets 5

292.0
133.0
20.7
44.5
74.6

286.2
130.1
20.9
42.0
73.8

283.1
128.5
21.2
40.0
73.9

281.8
128.8
21.4
39.4
72.7

283.5
130.4
21.6
39.8
71.7

285.1
131.9
21.8
40.3
70.8

286.9
131.1
22.0
40.5
72.5

290.8
135.5
22.2
41.0
71.5

294.6
136.9
22.4
41.8
72.8

298.3
138.3
22.7
42.3
74.6

300.5
138.8
22.9
43.1
74.8

308.1
143.6
23.1
44.9
75.2

325.0
149.9
23.3
50.1
79.8

Other
245.2
246.7
243.0
239.6
243.2
238.6
239.3
238.1
239.5
241.4
240.3
242.2
249.1
Commercial banks
122.9
125.7
123.9
122.8
125.0
125.0
125.3
123.5
124.4
124.8
125.1
126.3
127.8
Finance companies
35.3
34.1
33.4
32.7
32.3
27.3
27.3
27.4
27.4
27.9
27.9
28.3
30.1
Nonfinancial business
25.8
24.9
24.2
23.9
23.9
24.1
24.0
24.1
24.3
24.3
24.4
25.1
27.1
Pools of securitized assets 5
10.9
10.8
9.9
9.7
9.9
10.0
10.2
10.2
10.1
10.5
10.1
9.9
10.5
--------------------------------------------------------------------------------------------------------------------------------------1. Covers most short- and intermediate-term credit extended to individuals, excluding loans secured by real estate.
2. Percent changes calculated from unrounded data.
3. Comprises mobile home loans and all other loans not included in automobile or revolving credit, such as loans for education, boats,
trailers, or vacations. These loans may be secured or unsecured.
4. Interest rates are annual percentage rates (APR) as specified by the Federal Reserve's Regulation Z. Interest rates for new-car loans
and personal loans at commercial banks are simple unweighted averages of each bank's most common rate charged during the first calendar
week of the middle month of each quarter. For credit card accounts, the rate for all accounts is the stated APR averaged across all
credit card accounts at all reporting banks. The rate for accounts assessed interest is the annualized ratio of total finance charges at
all reporting banks to the total average daily balances against which the finance charges were assessed (excludes accounts for which no
finance charges were assessed). Finance company data are from the subsidiaries of the three major U.S. automobile manufacturers and are
volume-weighted averages covering all loans of each type purchased during the month.
5. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
the loan originators.

6. Includes estimates for holders that do not separately report consumer credit holding by type.
r=revised. p=preliminary.

G.19
1

CONSUMER CREDIT
December 1992

For release at 3 p.m. (Eastern Time)
August 7, 1997

CONSUMER CREDIT OUTSTANDING 1
Seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1991
1992
_______ _______________________________________________________________________________________________
Dec. r Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Percent change at annual rate 2
Total
-0.8
2.5
1.8
-0.5
-3.4
-1.5
-2.2
1.3
2.0
-0.1
0.6
2.5
2.6
Automobile
3.6
11.2
-8.2
0.2
-1.2
-4.0
-9.7
2.5
2.0
0.6
-7.5
1.4
9.6
Revolving
2.3
10.3
6.2
1.4
5.5
2.1
7.3
1.5
4.2
5.8
10.8
0.1
8.7
Other 3
-8.7
-14.7
7.7
-3.3
-15.4
-2.7
-4.7
-0.1
-0.6
-7.4
-2.1
6.3
-11.8
Amount: billions of dollars
Total
779.3
780.9
782.1
781.7
779.5
778.5
777.1
777.9
779.2
779.1
779.5
781.1
782.8
Automobile
263.3
265.7
263.9
263.9
263.7
262.8
260.7
261.2
261.7
261.8
260.2
260.5
262.6
Revolving
263.2
265.4
266.8
267.1
268.3
268.8
270.4
270.8
271.7
273.0
275.5
275.5
277.5
Other 3
252.9
249.8
251.4
250.7
247.5
246.9
246.0
245.9
245.8
244.3
243.9
245.1
242.7
--------------------------------------------------------------------------------------------------------------------------------------TERMS OF CREDIT AT COMMERCIAL BANKS AND FINANCE COMPANIES 4
Percent except as noted: not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------Institution, terms, and type of loan
--------------------------------------------------------------------------------------------------------------------------------------Commercial banks
Interest rates
48-mo. new car
n.a.
n.a.
9.89
n.a.
n.a.
9.52
n.a.
n.a.
9.15
n.a.
n.a.
8.60
n.a.
24-mo. personal
n.a.
n.a.
14.39
n.a.
n.a.
14.28
n.a.
n.a.
13.94
n.a.
n.a.
13.55
n.a.
Credit card plan
All accounts
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
Accounts assessed interest
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
New car loans at auto finance companies
Interest rates
10.41
10.04
10.19
10.92
10.84
10.67
10.24
9.94
8.88
8.65
9.51
9.65
9.65
Maturity (months)
53.7
53.5
53.8
54.3
54.5
54.7
54.4
54.4
53.6
53.3
54.1
54.1
53.6
Loan-to-value ratio
88
89
89
89
89
89
89
89
90
90
89
89
90
Amount financed (dollars)
13,476 13,135 13,340 13,137 13,208 13,373 13,369 13,570 13,745 13,889 13,885 14,043 14,315
--------------------------------------------------------------------------------------------------------------------------------------This release is issued around the fifth business day of each month. The exact date and time may be obtained by calling (202) 452 - 3206.
Footnotes appear on reverse.

1
CONSUMER CREDIT OUTSTANDING
(Billions of dollars)
Not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1991
1992
_______ _______________________________________________________________________________________________
Dec. r Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Total

796.7

787.4

779.7

775.6

773.6

772.3

772.8

773.0

779.1

781.3

779.8

784.6

801.0

Major holders
Commercial banks
Finance companies
Credit unions
Savings institutions
Nonfinancial business
Pools of securitized assets 5

372.4
121.6
90.3
42.2
67.3
103.0

369.1
118.9
89.6
41.4
63.5
104.9

364.2
120.8
89.3
40.5
60.9
104.0

361.3
118.9
89.5
39.3
59.9
106.7

361.3
118.7
88.7
38.7
60.3
106.0

359.8
116.5
88.8
38.6
60.7
108.0

359.1
117.0
88.3
38.1
60.7
109.5

360.1
117.4
89.2
38.0
60.7
107.7

360.8
118.0
90.1
37.9
61.7
110.7

360.4
117.5
90.7
37.5
61.7
113.5

359.3
117.1
90.9
36.7
63.2
112.7

360.2
117.5
91.9
36.8
64.0
114.3

365.5
118.1
89.4
37.4
70.3
120.3

Major types of credit 6
Automobile

264.2

265.1

262.6

262.3

261.8

261.3

259.8

260.5

262.8

264.1

262.7

262.1

263.8

Commercial banks
Finance companies
Pools of securitized assets 5

112.7
65.1
30.1

112.0
64.1
31.5

111.4
64.1
30.3

111.6
63.0
31.9

110.9
64.3
30.5

110.8
62.2
32.2

109.2
63.0
31.6

110.5
63.6
30.4

111.0
63.8
31.6

111.6
63.4
32.8

110.4
63.1
32.5

109.4
62.5
33.7

109.6
62.0
34.7

Revolving
Commercial banks
Finance companies
Nonfinancial business
Pools of securitized assets 5

277.1
138.0
18.1
41.7
63.4

270.4
133.9
18.4
38.9
63.4

266.0
130.7
18.6
37.1
63.8

263.7
128.4
18.8
36.4
64.5

264.5
128.4
19.0
36.9
64.5

265.5
127.8
19.2
37.3
65.1

267.8
127.7
19.4
37.5
67.0

267.7
127.6
19.6
37.6
66.5

270.6
127.1
19.9
38.4
68.6

272.2
127.0
20.1
38.6
69.7

274.0
127.1
20.3
39.9
69.1

276.8
127.7
20.5
40.2
69.8

292.0
133.0
20.7
44.5
74.6

Other
255.4
251.9
251.1
249.6
247.2
245.5
245.1
244.8
245.7
245.1
243.2
245.7
245.2
Commercial banks
121.8
123.2
122.1
121.4
122.0
121.1
122.2
122.1
122.7
121.8
121.8
123.1
122.9
Finance companies
38.3
36.5
38.2
37.1
35.4
35.1
34.5
34.2
34.3
34.0
33.6
34.5
35.3
Nonfinancial business
25.7
24.6
23.8
23.4
23.4
23.4
23.2
23.1
23.2
23.1
23.3
23.7
25.8
Pools of securitized assets 5
9.4
10.0
9.8
10.4
11.0
10.7
11.0
10.7
10.5
11.0
11.0
10.8
10.9
--------------------------------------------------------------------------------------------------------------------------------------1. Covers most short- and intermediate-term credit extended to individuals, excluding loans secured by real estate.
2. Percent changes calculated from unrounded data.
3. Comprises mobile home loans and all other loans not included in automobile or revolving credit, such as loans for education, boats,
trailers, or vacations. These loans may be secured or unsecured.
4. Interest rates are annual percentage rates (APR) as specified by the Federal Reserve's Regulation Z. Interest rates for new-car loans
and personal loans at commercial banks are simple unweighted averages of each bank's most common rate charged during the first calendar
week of the middle month of each quarter. For credit card accounts, the rate for all accounts is the stated APR averaged across all
credit card accounts at all reporting banks. The rate for accounts assessed interest is the annualized ratio of total finance charges at
all reporting banks to the total average daily balances against which the finance charges were assessed (excludes accounts for which no
finance charges were assessed). Finance company data are from the subsidiaries of the three major U.S. automobile manufacturers and are
volume-weighted averages covering all loans of each type purchased during the month.
5. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
the loan originators.
6. Includes estimates for holders that do not separately report consumer credit holding by type.
r=revised. p=preliminary.

G.19
1

CONSUMER CREDIT
December 1991

For release at 3 p.m. (Eastern Time)
August 7, 1997

CONSUMER CREDIT OUTSTANDING 1
Seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1990
1991
_______ _______________________________________________________________________________________________
Dec. r Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Percent change at annual rate 2
Total
-8.6
-3.8
0.3
0.2
-0.6
0.1
-3.3
-2.4
-3.3
-2.9
-2.8
-2.9
-0.8
Automobile
-7.7
-8.5
-9.9
-7.2
-10.3
-13.3
-7.6
-8.6
-8.0
-5.5
-3.0
-8.6
3.6
Revolving
-4.7
3.0
19.1
22.1
10.1
9.5
5.8
7.4
8.7
13.7
13.0
5.7
2.3
Other 3
-12.8
-4.9
-5.6
-12.0
-0.5
5.1
-7.5
-5.3
-9.8
-16.4
-18.5
-5.9
-8.7
Amount: billions of dollars
Total
793.9
791.4
791.6
791.7
791.3
791.4
789.2
787.6
785.5
783.6
781.8
779.9
779.3
Automobile
283.1
281.1
278.8
277.1
274.7
271.7
270.0
268.0
266.2
265.0
264.4
262.5
263.3
Revolving
238.2
238.7
242.5
247.0
249.1
251.1
252.3
253.8
255.7
258.6
261.4
262.7
263.2
Other 3
272.7
271.6
270.3
267.6
267.5
268.6
267.0
265.8
263.6
260.0
256.0
254.7
252.9
--------------------------------------------------------------------------------------------------------------------------------------TERMS OF CREDIT AT COMMERCIAL BANKS AND FINANCE COMPANIES 4
Percent except as noted: not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------Institution, terms, and type of loan
--------------------------------------------------------------------------------------------------------------------------------------Commercial banks
Interest rates
48-mo. new car
n.a.
n.a.
11.60
n.a.
n.a.
11.28
n.a.
n.a.
11.06
n.a.
n.a.
10.61
n.a.
24-mo. personal
n.a.
n.a.
15.42
n.a.
n.a.
15.16
n.a.
n.a.
15.24
n.a.
n.a.
14.88
n.a.
Credit card plan
All accounts
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
Accounts assessed interest
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
New car loans at auto finance companies
Interest rates
12.86
Maturity (months)
54.7
Loan-to-value ratio
85
Amount financed (dollars)
12,140

12.99
54.9
88
12,229

13.16
55.2
88
12,081

13.14
55.2
87
12,121

13.14
55.4
87
11,993

12.95
55.4
87
12,204

12.77
55.5
88
12,343

12.55
55.5
88
12,572

12.40
55.4
88
12,518

12.38
55.4
87
12,460

12.23
55.4
88
12,684

10.79
54.1
88
13,245

10.41
53.7
88
13,476

--------------------------------------------------------------------------------------------------------------------------------------This release is issued around the fifth business day of each month. The exact date and time may be obtained by calling (202) 452 - 3206.
Footnotes appear on reverse.

1
CONSUMER CREDIT OUTSTANDING
(Billions of dollars)
Not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1990
1991
_______ _______________________________________________________________________________________________
Dec. r Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Total

810.2

797.7

789.4

785.7

785.7

785.2

784.9

782.9

785.5

785.8

782.0

783.0

796.7

Major holders
Commercial banks
Finance companies
Credit unions
Savings institutions
Nonfinancial business
Pools of securitized assets 5

387.0
133.4
91.6
49.6
71.9
76.7

380.9
131.2
90.3
49.4
67.8
78.0

378.3
128.8
89.2
49.4
64.5
79.3

374.1
126.9
88.5
49.7
63.3
83.3

375.4
127.5
88.5
48.5
62.7
83.0

374.1
127.8
88.4
47.4
61.7
85.8

372.6
127.5
88.5
46.5
61.2
88.6

372.6
127.3
88.1
45.6
60.8
88.4

372.6
128.9
88.9
44.4
62.0
88.8

370.4
124.4
89.2
43.4
60.9
97.4

368.1
123.3
88.8
43.9
60.9
97.1

367.0
122.4
88.5
43.4
62.7
99.1

372.4
121.6
90.3
42.2
67.3
103.0

Major types of credit 6
Automobile
Commercial banks
Finance companies
Pools of securitized assets 5

283.9
124.9
75.8
24.2

280.6
124.4
73.2
24.8

277.5
122.5
71.0
26.3

275.4
120.7
69.7
27.2

272.9
119.6
69.9
26.2

270.2
118.0
68.9
26.4

269.1
117.6
69.6
25.3

267.4
116.8
69.7
25.2

267.4
115.6
70.9
24.8

267.4
114.3
68.0
28.8

266.8
114.1
67.4
28.9

263.8
113.5
66.3
27.8

264.2
112.7
65.1
30.1

Revolving
Commercial banks
Finance companies
Nonfinancial business
Pools of securitized assets 5

250.9
133.4
15.6
44.9
44.6

243.4
127.1
15.8
42.2
45.2

241.8
127.3
16.0
39.7
45.0

243.9
126.5
16.2
38.8
47.7

245.6
128.2
16.4
38.3
48.1

247.9
128.6
16.6
37.2
50.9

249.7
127.0
16.9
36.8
54.6

250.9
127.8
17.1
36.7
54.8

254.6
129.3
17.3
37.6
55.6

257.8
129.3
17.5
36.7
59.1

260.0
131.3
17.7
36.7
58.9

263.9
130.5
17.9
38.0
61.9

277.1
138.0
18.1
41.7
63.4

Other
275.4
273.7
270.1
266.4
267.1
267.2
266.1
264.6
263.5
260.7
255.3
255.3
255.4
Commercial banks
128.7
129.4
128.5
126.8
127.6
127.5
128.1
128.0
127.6
126.7
122.6
123.1
121.8
Finance companies
42.0
42.3
41.8
41.0
41.1
42.2
41.0
40.6
40.7
39.0
38.2
38.2
38.3
Nonfinancial business
27.0
25.7
24.8
24.5
24.4
24.5
24.3
24.2
24.4
24.2
24.2
24.7
25.7
Pools of securitized assets 5
7.9
8.0
8.0
8.3
8.7
8.5
8.7
8.5
8.4
9.5
9.3
9.3
9.4
--------------------------------------------------------------------------------------------------------------------------------------1. Covers most short- and intermediate-term credit extended to individuals, excluding loans secured by real estate.
2. Percent changes calculated from unrounded data.
3. Comprises mobile home loans and all other loans not included in automobile or revolving credit, such as loans for education, boats,
trailers, or vacations. These loans may be secured or unsecured.
4. Interest rates are annual percentage rates (APR) as specified by the Federal Reserve's Regulation Z. Interest rates for new-car loans
and personal loans at commercial banks are simple unweighted averages of each bank's most common rate charged during the first calendar
week of the middle month of each quarter. For credit card accounts, the rate for all accounts is the stated APR averaged across all
credit card accounts at all reporting banks. The rate for accounts assessed interest is the annualized ratio of total finance charges at
all reporting banks to the total average daily balances against which the finance charges were assessed (excludes accounts for which no
finance charges were assessed). Finance company data are from the subsidiaries of the three major U.S. automobile manufacturers and are
volume-weighted averages covering all loans of each type purchased during the month.
5. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
the loan originators.
6. Includes estimates for holders that do not separately report consumer credit holding by type.
r=revised. p=preliminary.

G.19
1

CONSUMER CREDIT
December 1990

For release at 3 p.m. (Eastern Time)
August 7, 1997

CONSUMER CREDIT OUTSTANDING 1
Seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1989
1990
_______ _______________________________________________________________________________________________
Dec.
Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Percent change at annual rate 2

Total
Automobile
Revolving
Other 3

4.8
-6.3
19.8
5.2

4.4
0.2
15.5
0.3

3.2
-1.7
17.0
-2.2

0.7
-2.0
5.4
-0.2

1.4
-0.2
13.0
-6.0

3.0
2.4
18.8
-8.9

5.1
2.9
13.5
0.6

5.6
-0.3
20.0
0.0

1.8
-7.7
12.9
2.5

0.2
-3.5
11.6
-5.4

4.0
-6.6
8.3
11.5

-0.2
-5.4
15.2
-8.0

-8.6
-7.7
-4.7
-12.8

Amount: billions of dollars
Total
780.4
783.3
785.4
785.8
786.7
788.7
792.0
795.7
796.9
797.1
799.8
799.7
793.9
Automobile
290.2
290.3
289.8
289.4
289.3
289.9
290.6
290.5
288.6
287.8
286.2
284.9
283.1
Revolving
210.9
213.7
216.7
217.7
220.0
223.5
226.0
229.7
232.2
234.5
236.1
239.1
238.2
Other 3
279.3
279.4
278.9
278.8
277.4
275.4
275.5
275.5
276.1
274.8
277.5
275.6
272.7
--------------------------------------------------------------------------------------------------------------------------------------TERMS OF CREDIT AT COMMERCIAL BANKS AND FINANCE COMPANIES 4
Percent except as noted: not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------Institution, terms, and type of loan
--------------------------------------------------------------------------------------------------------------------------------------Commercial banks
Interest rates
48-mo. new car
n.a.
n.a.
11.80
n.a.
n.a.
11.82
n.a.
n.a.
11.89
n.a.
n.a.
11.62
n.a.
24-mo. personal
n.a.
n.a.
15.27
n.a.
n.a.
15.41
n.a.
n.a.
15.46
n.a.
n.a.
15.69
n.a.
Credit card plan
All accounts
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
Accounts assessed interest
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
New car loans at auto finance companies
Interest rates
13.27
12.64
12.67
12.31
12.21
12.23
12.58
12.68
12.62
12.34
12.57
12.74
12.86
Maturity (months)
55.1
54.7
54.7
54.3
54.2
54.5
54.8
54.9
54.8
54.3
54.6
54.6
54.7
Loan-to-value ratio
89
89
88
88
87
87
87
86
86
85
85
85
85
Amount financed (dollars)
12,301 12,381 12,053 12,216 12,089 12,064 12,108 12,125 11,939 11,837 11,917 11,986 12,140
--------------------------------------------------------------------------------------------------------------------------------------This release is issued around the fifth business day of each month. The exact date and time may be obtained by calling (202) 452 - 3206.
Footnotes appear on reverse.

1
CONSUMER CREDIT OUTSTANDING
(Billions of dollars)
Not seasonally adjusted
--------------------------------------------------------------------------------------------------------------------------------------1989
1990
_______ _______________________________________________________________________________________________
Dec.
Jan. r Feb. r Mar. r Apr. r
May r June r July r Aug. r Sept. r Oct. r Nov. r Dec. r
--------------------------------------------------------------------------------------------------------------------------------------Total

795.0

789.2

783.3

779.9

781.4

782.7

787.9

791.5

797.3

799.4

800.3

802.7

810.2

Major holders
Commercial banks
Finance companies
Credit unions
Savings institutions
Nonfinancial business
Pools of securitized assets 5

385.1
138.9
91.7
62.5
69.6
47.3

385.1
138.5
91.1
61.0
66.5
47.1

380.8
136.5
90.5
60.4
63.8
51.3

377.1
134.9
90.0
60.4
63.5
53.9

379.5
134.9
90.1
59.7
63.3
54.0

379.5
134.8
90.3
58.1
63.6
56.3

378.8
134.8
90.4
57.1
63.9
63.0

379.2
137.4
90.8
56.4
63.6
64.1

382.7
137.6
91.7
54.8
64.8
65.7

384.4
138.8
91.6
53.1
64.3
67.2

385.6
139.2
91.8
51.8
63.7
68.1

385.6
136.3
91.6
51.7
65.3
72.1

387.0
133.4
91.6
49.6
71.9
76.7

Major types of credit 6
Automobile
Commercial banks
Finance companies
Pools of securitized assets 5

290.9
126.3
84.1
17.6

289.8
126.9
83.3
17.3

288.6
126.8
81.6
18.3

287.5
125.8
81.0
19.0

287.4
126.2
80.8
18.8

288.3
126.8
80.5
19.5

289.6
126.9
79.8
21.5

289.9
126.5
80.3
21.8

290.0
127.6
79.5
21.7

290.3
128.3
80.4
21.1

288.8
127.2
80.5
20.6

286.3
125.6
77.2
23.1

283.9
124.9
75.8
24.2

Revolving
Commercial banks
Finance companies
Nonfinancial business
Pools of securitized assets 5

222.3
130.8
13.0
43.5
22.6

217.9
128.5
13.2
41.3
22.9

216.1
125.2
13.4
39.4
26.2

214.9
122.3
13.6
39.2
28.0

217.0
124.3
13.8
38.9
28.2

220.5
125.6
14.1
39.1
29.8

223.5
122.5
14.3
39.5
35.4

227.1
125.2
14.5
39.2
36.2

231.2
126.7
14.7
40.2
37.7

233.7
127.4
14.9
39.8
39.6

234.7
127.4
15.1
39.2
40.9

240.2
129.8
15.3
40.2
42.5

250.9
133.4
15.6
44.9
44.6

Other
281.9
281.5
278.6
277.5
276.9
273.9
274.7
274.5
276.1
275.5
276.7
276.1
275.4
Commercial banks
128.0
129.7
128.9
129.0
129.0
127.2
129.3
127.4
128.4
128.8
131.0
130.2
128.7
Finance companies
41.8
41.9
41.4
40.3
40.3
40.3
40.7
42.6
43.4
43.5
43.5
43.8
42.0
Nonfinancial business
26.1
25.2
24.4
24.3
24.4
24.5
24.4
24.4
24.6
24.5
24.5
25.1
27.0
Pools of securitized assets 5
7.1
6.9
6.8
7.0
7.0
6.9
6.1
6.1
6.3
6.5
6.6
6.5
7.9
--------------------------------------------------------------------------------------------------------------------------------------1. Covers most short- and intermediate-term credit extended to individuals, excluding loans secured by real estate.
2. Percent changes calculated from unrounded data.
3. Comprises mobile home loans and all other loans not included in automobile or revolving credit, such as loans for education, boats,
trailers, or vacations. These loans may be secured or unsecured.
4. Interest rates are annual percentage rates (APR) as specified by the Federal Reserve's Regulation Z. Interest rates for new-car loans
and personal loans at commercial banks are simple unweighted averages of each bank's most common rate charged during the first calendar
week of the middle month of each quarter. For credit card accounts, the rate for all accounts is the stated APR averaged across all
credit card accounts at all reporting banks. The rate for accounts assessed interest is the annualized ratio of total finance charges at
all reporting banks to the total average daily balances against which the finance charges were assessed (excludes accounts for which no
finance charges were assessed). Finance company data are from the subsidiaries of the three major U.S. automobile manufacturers and are

volume-weighted averages covering all loans of each type purchased during the month.
5. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
the loan originators.
6. Includes estimates for holders that do not separately report consumer credit holding by type.
r=revised. p=preliminary.

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Last update: August 7, 1997