Full text of G.20 Finance Companies : February 2022

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Finance Companies1

G.20

For immediate release

December 2021

February 2022

Owned and Managed Receivables Outstanding2
Seasonally adjusted. Billions of dollars except as noted.
2020

r
Oct

Nov

2018

2019

2020

p
2021

Q4

Q1

Total percent change (annual rate)3
Consumer
Real estate
Business

-1.5
-0.5
-10.5
-0.2

-0.4
-0.9
-7.3
2.5

-0.6
0.1
2.1
-2.6

-2.3
0.6
-6.1
-6.7

-2.2
2.7
-4.9
-11.2

0.5
1.2
16.6
-5.3

1.9
8.3
-17.0
-5.6

-4.2
5.5
-2.2
-25.2

-2.9
0.1
-6.2
-8.6

-3.5
-3.1
5.7
-7.4

0.7
-5.5
33.5
4.8

-9.0
-2.3
-12.4
-23.4

-2.2
-1.5
-3.6
-3.4

Total flow (annual rate)4
Consumer
Real estate
Business

-18.6
-3.3
-14.5
-0.8

-5.5
-6.3
-9.0
9.8

-7.0
1.0
2.4
-10.4

-28.8
4.2
-7.2
-25.9

-26.1
19.9
-5.4
-40.6

6.5
8.4
17.6
-19.5

22.3
61.2
-18.8
-20.1

-50.6
41.3
-2.3
-89.5

-34.3
0.8
-6.5
-28.7

-41.7
-23.6
5.9
-24.0

8.4
-41.8
34.6
15.6

-107.4
-17.5
-13.1
-76.8

-26.1
-11.5
-3.7
-10.9

Q2

r

r

2017

Total outstanding
Consumer
Real estate
Business

r

2021
p
Q4

Q3

r

Dec

p

1,245.6 1,240.1 1,233.1 1,204.3 1,178.2 1,204.3 1,209.9 1,197.2 1,188.7 1,178.2 1,189.4 1,180.4 1,178.2
734.5
728.3
729.2
733.5
753.4
733.5
748.8
759.1
759.3
753.4
755.8
754.3
753.4
123.8
114.8
117.2
110.0
104.6
110.0
105.4
104.8
103.2
104.6
106.0
104.9
104.6
387.2
397.1
386.7
360.8
320.2
360.8
355.8
333.4
326.2
320.2
327.5
321.1
320.2

Auto Loans: Terms of Credit5
Not seasonally adjusted.
New car loans
Interest rates (percent)
Maturity (months)
Amount financed (dollars)

5.4
67
29,288

6.1
66
30,173

6.4
67
31,311

5.2
69
34,449

4.7
67
34,469

5.1
68
33,738

4.8
67
34,207

4.9
67
33,915

4.5
67
35,284

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

Used car loans
Interest rates (percent)
Maturity (months)
Amount financed (dollars)

13.5
61
17,260

14.1
62
17,876

14.7
63
18,442

13.6
64
19,636

13.6
65
21,504

13.0
64
20,641

13.6
64
20,452

14.0
65
20,813

13.1
65
23,248

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

Footnotes appear on the third page.

Owned and Managed Receivables Outstanding (Levels)2
(Billions of dollars)
Not seasonally adjusted
2020
2017
Total

2018

2019

2020

p
2021

Q4

Q1

Q2

r

Q3

r

2021
p
Q4

r
Oct

Nov

r

Dec

p

1,245.6 1,240.1 1,233.1 1,204.3 1,178.2 1,204.3 1,205.9 1,195.8 1,188.7 1,178.2 1,185.9 1,176.5 1,178.2

Consumer
Motor vehicle loans
Motor vehicle leases
Revolving6
Other7

734.5
305.2
193.2
26.6
209.5

728.3
311.6
193.9
23.7
199.1

729.2
321.5
191.5
21.9
194.4

733.5
350.3
182.1
17.1
184.0

753.4
368.1
178.3
13.4
193.5

733.5
350.3
182.1
17.1
184.0

743.4
358.6
182.8
15.6
186.4

756.3
366.1
184.0
15.4
190.7

758.7
370.2
180.7
14.9
192.9

753.4
368.1
178.3
13.4
193.5

755.5
369.7
178.7
14.4
192.7

754.0
370.3
176.8
13.9
193.0

753.4
368.1
178.3
13.4
193.5

Real estate
One-to-four family
Other

123.8
95.2
28.6

114.8
87.1
27.7

117.2
85.4
31.8

110.0
77.1
32.9

104.6
73.6
31.1

110.0
77.1
32.9

108.6
76.1
32.5

107.0
75.1
31.9

105.4
74.3
31.1

104.6
73.6
31.1

105.5
74.1
31.5

105.3
73.8
31.5

104.6
73.6
31.1

Business
Motor vehicles
Retail loans
Wholesale loans8
Leases
Equipment
Loans
Leases
Other business receivables9

387.2
106.1
15.7
81.7
8.7
195.3
117.4
77.9
85.8

397.1
115.7
17.5
88.9
9.2
199.6
125.7
73.9
81.7

386.7
113.7
18.3
86.2
9.2
196.9
120.9
76.0
76.1

360.8
92.3
19.6
64.1
8.6
187.7
118.8
68.9
80.9

320.2
65.4
21.7
35.6
8.1
184.3
126.8
57.4
70.6

360.8
92.3
19.6
64.1
8.6
187.7
118.8
68.9
80.9

353.9
86.2
21.7
56.0
8.5
188.4
120.0
68.4
79.3

332.5
69.9
21.8
39.8
8.3
186.9
122.9
64.0
75.8

324.6
65.2
21.6
35.4
8.1
187.2
124.3
62.9
72.2

320.2
65.4
21.7
35.6
8.1
184.3
126.8
57.4
70.6

324.9
65.8
21.7
36.1
8.1
187.3
124.8
62.5
71.8

317.2
64.6
21.7
34.8
8.0
181.2
124.1
57.0
71.4

320.2
65.4
21.7
35.6
8.1
184.3
126.8
57.4
70.6

Footnotes appear on the third page.

Owned and Managed Receivables Outstanding (Flows)2,4
(Billions of dollars, annual rate)
Not seasonally adjusted
2020

Total
Consumer
Motor vehicle loans
Motor vehicle leases
Revolving6
Other7
Real estate
One-to-four family
Other
Business
Motor vehicles
Retail loans
Wholesale loans8
Leases
Equipment
Loans
Leases
Other business receivables9

r
Oct

Nov

2018

2019

2020

-18.6

-5.5

-7.0

-28.8

-26.1

6.2

6.5

-40.5

-28.2

-42.1

-33.8

-112.9

20.5

-3.3
-0.3
3.7
1.1
-7.8

-6.3
6.4
0.6
-2.9
-10.4

1.0
9.9
-2.4
-1.9
-4.7

4.2
28.9
-9.4
-4.8
-10.4

19.9
17.8
-3.7
-3.7
9.5

10.9
10.8
-0.2
0.6
-0.3

39.7
33.0
3.1
-6.0
9.6

51.6
30.1
4.7
-0.6
17.4

9.5
16.5
-13.2
-2.2
8.4

-21.2
-8.4
-9.5
-5.8
2.6

-38.0
-6.3
-23.8
-5.7
-2.2

-17.5
7.4
-23.2
-5.9
4.2

-7.9
-26.4
18.5
-5.9
5.9

-14.5
-11.6
-3.0

-9.0
-8.1
-0.9

2.4
-1.7
4.1

-7.2
-8.2
1.1

-5.4
-3.6
-1.8

8.4
6.9
1.6

-5.7
-4.1
-1.5

-6.5
-3.9
-2.6

-6.2
-3.3
-2.9

-3.2
-3.0
-0.2

1.0
-2.9
3.9

-3.0
-2.8
-0.2

-7.6
-3.2
-4.4

-0.8
0.9
0.7
0.4
-0.2
-1.9
2.2
-4.1
0.2

9.8
9.6
1.8
7.2
0.5
4.3
8.3
-4.0
-4.0

-10.4
-2.0
0.7
-2.7
0.0
-2.8
-4.9
2.1
-5.6

-25.9
-21.4
1.4
-22.2
-0.6
-9.2
-2.1
-7.1
4.7

-40.6
-26.9
2.0
-28.4
-0.5
-3.4
8.0
-11.5
-10.3

-13.2
10.8
1.8
9.3
-0.3
-10.6
-7.2
-3.4
-13.3

-27.6
-24.3
8.2
-32.2
-0.3
3.0
5.0
-2.0
-6.3

-85.6
-65.2
0.5
-64.9
-0.7
-6.2
11.4
-17.7
-14.2

-31.5
-18.8
-0.5
-17.4
-0.9
1.5
5.7
-4.1
-14.3

-17.7
0.7
0.0
0.8
-0.1
-12.0
10.1
-22.0
-6.4

3.2
7.3
0.2
7.4
-0.4
0.2
5.2
-5.0
-4.3

-92.4
-14.1
1.0
-14.6
-0.5
-73.0
-7.3
-65.7
-5.2

36.1
9.0
-1.1
9.5
0.6
37.0
32.4
4.6
-9.9

Q1

Q2

r

2021
p
Q4

2017

Q4

r

r

p
2021

Q3

r

Dec

p

Footnotes
1. Includes finance company subsidiaries of bank holding companies, but not of retailers and banks.
2. Owned receivables are those carried on the balance sheet of the institution. Managed receivables include outstanding balances of pools upon which securities have been issued; these balances
are no longer carried on the balance sheets of the loan originator. Data are shown before deductions for unearned income and losses. Components may not add to totals because of rounding.
3. The series may contain breaks that result from discontinuities in source data. Growth rates are adjusted to exclude the effect of such breaks. In addition, percent changes are at a simple annual
rate and are calculated from unrounded data.
4. Flow data represent changes in the level of credit due to economic and financial activity, and exclude breaks in the data series due to changes in methodology, source data, and other technical
aspects of the estimation that could affect the level of credit.
5. Covers most of the captive and non-captive finance companies. The series of finance company car loan terms included in previous releases are discontinued. They remain available from the
Data Download Program.
6. Excludes revolving credit reported as held by depository institutions that are subsidiaries of finance companies.
7. Includes student loans, personal cash loans, mobile home loans, and loans to purchase other types of consumer goods such as appliances, apparel, boats, and recreation vehicles.
8. Credit arising from transactions between manufacturers and dealers, that is, floor plan financing.
9. Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used primarily for business or farm purposes; and wholesale and
lease paper for mobile homes, recreation vehicles, and travel trailers.
r=revised. p=preliminary. n.a.=not available.