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F E D E R A L

R E S E R V E

statistical

release

•ftALR&S*:
June 19.76
FINANCE COMPANIES - APRIL 1976
Outstanding Consumer Credit Held.by Finance Companies
(In millions of dollars)

Increase or decrease
Type of credit

April 30, ...
1976

Consumer instalment credit
Retail automotive (passenger
cars)

39,003
43,869

Mobile homes
Other retail consumer goods
Home improvement loans
Personal loans '

3,409
4,164
5i4
17,047

April
1976
338

,

x
•

April
1975
-

-164

' 245
-11
8.
-29
125

(•-) during:
Year ended,
Apr" 30. 1976

-22

1,257
.

—6
-61"
-36
-39

1,520
-104
-202
-353
396

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

Type of credit

Extended by finance cos.
Apr.
Mar.
Apr.
1976
1976
1975

Repaid to finance cos.
Apr.
Apr.
Mar.
1976
1975
1976

Consumer instalment credit
Retail automotive (passenger
cars)

4,117

4,027

3,232

3,779

4,022

3,396

1,009

1,011

788

764

877

- 810

Mobile homes
:
Other retail c o n s u m e ^ g o o d s
Home improvement loans
Personal loans

83
1,133
30
1,862

74
1,151
17
1,774

94
1,125
59
1,737

94
1,195
52
1,804

95
908
•
55
1,528




89
847.
19
1,489

~

G.20
'Outstanding Business Credit Held by Finance Companies
(In millions of dollars)
Increase or decrease ( - ) during:
Type of credit
Business credit
Retail automotive (commercial
vehicles
Wholesale automotive
Retail paper on.business, industrial and farm equipment
.Loans on commercial accounts
receivable
Factored commercial accounts
V
receivable
All other business credit

April 30,
1976

^

"

April
1976

'

April
1975

Year ended
Apr. 30, 1976

36,715

225

313

3,776

5,022
8,540

143
-44

107
-31

494
654

9,751

143

108

698

2,226

11

14

154

20
-48

-49
164

1,577
9,599

.

' 1
|

238
1,538

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

Type of credit

Extended by finance cos.
Apr.
Mar.
Apr.
1976
1976
1975

11,368
Business credit
Retail automotive (commercial
540
vehicles)
1
4,476
wholesale automotive
R e t a i t paper on business, in1,337
dustrial and farm'equipment
• Loans,on .commercial accounts
' 1,648
receivable - % .
Factored commercial accounts
1,796
receivable
.
•
1,571
All other business credit




:

Repaid to finance cos.
Apr.
Apr.
Mar.
1975 ,
1976
1976

11,515

8,632

11,143

i 10,703

8,319

551
4,756

484
2,770

397
4,520

392
4,334

377
2,801

927

1,371

1,194

1,041

: 1,263

1,729

1,093

1,637

1,723

1,079

1,855
1,697

1,312 •
1,602

1,776
1,619

1,801
1,412

1,361
1,438

G. 20
Change in Extensions and Repayments
(In millions of dollars) .

Type of credit
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 and farm equipment
Loans on commercial accounts
receivable
Factored commercial accounts
receivable
A l l other business credit

Change in repayments from:
M o n t h ago
Year ago

Change in extensions from:
Year ago
Month ago

5

.90

885

-243

~2

221

-113

9
-18
13 '
88

-6
286
11
373

-70
7
-67

-1
217
4
209

2,736

440

2,824

56
1,706

5
186

20
1,719

-147
-11
-280

,

383

'

-46

*

410

-34

153

-69

-81

555

-86

558

-59
-126

484
-31

-25
207

415
181

* Less than 0.5 million".
.Number of M o t o r Vehicles Financed at Retail by Finance Companies
(In thousands)
j

Type of vehicle

April.30,
1976

Month
ago

341

_9

Total financed at retail
New passenger '
Used passenger
New and used commercial

132
104
105

.
" "V

Chanj?e from:
Year
ago
.

2
-8

25
30
-5

z

' -3

Less than 0.5 thousand.
Selected Liabilities of Finance Companies
(In millions of dollars)

Type of liability

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




A p r i l 30,
1976
5,882
21,978
20,383
1,595

!

Increase or decrease
( - ) during:
April
1976

March
1976

April
1975

-281
212
238
-26

199
-639
-582
-57

-191
989
1,003
-14

—