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FEDERAL

•A

RESERVE

statistical

r e l e a s e

July 1975

\G.25K-

FINANCE COMPANIES - MAY 1975

Outstanding Consumer Credit Held by Finance Companies
(In millions of dollars)

May 31,
1975

Increase or decrease (-•) during:
|May
May
Year ended
May 31. 1975
1975
11974

Consumer instalment credit
Retail automotive (passenger
cars)

37,711

z35

12,406

57

Mobile homes
Other retail consumer goods
Home improvement loans
Personal loans

3,507
4,315
833
16,650

-6
-51.
-34
-1

Type of credit

.

.

460

-40

126

596

• ' • .j 49 •
! 36
40
209
- .

94
-268
-264
-198

Consumer Credit Extended and Repaid at Finance Companies
(In millions of dollars)

Type of credit

Extended by finance cos.
May
May
Apr.
1974
1975
1975
3,232

Consumer instalment credit
Retail automotive (passenger
cars)

3,205
799

788

Mobile homes
Other retail consumer goods
Home improvement loans
Personal loans

93
816
17
1,480

89
847
19
1,489




4,127

' 180
1,080
70
1,876

Repaid to finance cos.
May
Apr.
May
1974
1975
1975
3,240

ia

3,396

3,667

810

.795

: -

95 ~
908
. 55
1,528

131
1,044
30
1,667

'

Outstanding Business Credit Held by Finance Companies
(In millions of dollars)

Type of credit
Business credit
Retail automotive (commercial
;
: vehicles
Wholesale automotive'
Retail paper on business, industrial and farm equipment
Loans or. commercial accounts
receivable
Factored commercial accounts
receivable
All other business credit

Increase or decrease (-) during:
May
Year ended:
May
May 31, 1975
1974
1975

May 31,
1975
33,330

391

-103

3,085

4,563
8,006

35
120

-20
-114

-6
1,161

9,190

137

88

826

- -32

. -41

-19

2,040 .
1,388
8,143

-23
7 -

49
82

'

-98
1,221

Business Credit Extended and Repaid at Finanec Companies
(In millions of dollars)

Type of credit
Business credit
Retail automotive (commercial
• . ;vehicles)
Wholesale automotive:
Retail paper on business, in. - ' dustrial and farm equipment
5
Loans on commercial accounts
receivable
|
Factored commercial accounts
receivable
All other business credit




Extended by finance cos.
May
Apr.
May
1974
1975
1975

Repaid to finance cos.
Apr.
May
May
1975
1975
1974

8,422

8,632

8,996

8,031

8,319

9,099

426
3,152

484
2,770

373
3,038

391
3,032

377
2,801

393
3,152

1,118

1,371

968

981

1,263

880

1,029

1,093

-1,-907

1,061

1,079

1,948

1,500
1,197

1,312
•1,602

1,424
1,286

1,451
1,115

1,361
1,438

1,447
1,279

G. 20
Change in Extensions and Repayments
(In millions of dolla!rs)
Type of credit

Change in extensions from:, I Change in repayments from:
Month ago
Year ago
Month ago
Year ago

Consumer instalment credit
Retail automotive (passenger
car)
Mobile.homes
Other retail consumer goods
Home improvement loans
Personal loans
Business credit
Retail automotive (commercial
vehicles)
Wholesale automotive
Retail paper on business, industrial ajjd farm equipment
Loans on commercial accounts
receivable
Factored commercial accounts
receivable
All other business credit

-427

ill

-922

Zl56

11

—122

—68

-53

4
-31
-2
-9

-87
-264
-53
-396

4
-41
-4
-47

-32
-177
21
-186

-210

-574

|

-288

53
114

1
|

14
231

150

1

-282

101

-18

-887

90
-323

4
-164

-58 382
-253
-64

-878

188
-405

76
-89

,

!
!
1. '

j
:

-1,068 . ,
-2
-120

(In thousands)
May 31,
1975

Type of vehicle
Total financed at retail

,295

. New passenger
Used passenger
New and used commercial

106
98
91

Month
ago

Chan;?e from:
Year
ago
=74

:

4
-11
-14

,

-42
-40
8

Selected Liabilities of Finance Companies
(In millions of dollars)

Type of liability
Bank loans (excl. commercial
paper)
Commercial paper
Directly placed
Dealer placed




May 31,
1975
6,992
23,075
21,704
1,371

:

May
• 1975

Increase or decrease
(-) during:
'
: April
May
1975 , •
1974

-81
236' :
204
32

1
! -191
989
1,003
! -14

-98
898
871
27