View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL

RESERVE

statistical

r e l e a s e

March 1978
Finance Companies - January 1978
Outstanding Consumer Credit Held by Finance Companies
(In millions of dollars)

Type of credit

#

%

January 31,
1978

Seasonally adjusted
increase or decrease f-) during1977
1978
November
December
January

Consumer instalment credit
Retail automotive (passenger
cars)

43,970

542

498

461

14,260

242

126

247

Mobile homes
Other retail consumer goods
Home improvement loans
Personal loans

3,115
5,204
143
21,248

4
58
3
235

—8
125
2
253

36
15
-1
163

Consumer Credit Extended and Repaid at Finance Companies
(Seasonally adjusted, in millions of dollars)

Type of credit

Extended by finance cos.
1978
"November December January

f

Repaid to finance cos J
TTTT
19/8
November December January

Consumer instalment credit
Retail automotive (passenger
cars)

3,602

3,743

3,575

3,059

3,245

3,114

1,097

1,143

1,088

855

1,017

841

Mobile homes
Other retail consumer goods
Home improvement loans
Personal loans

54
527
10
1,914

60
555
10
1,975

101
530

50
470
6
1,678

68
430
8
1,722

65
515
6

1,851

Detail may not add to totals due to rounding.




1,688

G.20

-2Outstanding 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 on commercial accounts
receivable
Factored commercial accounts
receivable
All other business credit

January 31,
1978

Seasonally adjusted
increase or decrease x-) during:
1978
1977
January
December
November

55,631

499

906

111

12,098
12,218

146
-96

332
294

161
285

14,706

357

96

311

3,812

16

53

-35

2,135
10,662

15
61

-43
174

-7

1

!

62

Business Credit Extended and Repaid at Financo Companies
(Seasonally adjusted, in millions of dollars)

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
receivable
All other business credit




Extended by finance cos.
1977
1978
Nov.
Dec.
Jan.

Repaid to finance cos.
1977
1978
T)pr.
Nov.
Jan.

12,655

13,386

12,707

12,156

12,480

11,930

961
5,104

1,156
5,731

1,023
5,141

815
5,200

824
5,437

862
4,856

1,176

1,003

1,004

819

907

693

2,428

2,334

2,411

2,412

2,281

2,446

1,466
1,520

1,599
1,563

1,591
1,537

1,451
1,459

1,642
1,389

1,598
1,475

-3-

G. 20

Change in Extensions and Repayments
(Seasonally adjusted, 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
All other business credit

Chanee in extensions from:
Year ago
Month ago

Change in repayments from:
Year ago
Month ago

-168

98

-131

264

-55
41
-25
-5
-124

88
51
-156
1
114

-176
-3
85
-2
-34

-98
-3
229
1
136

-679

537

-550

757

-133
-5,90

96
-52

38
-581

230
161

1

198

-214

13

77

-37

165

12

—8
-26

98
234

—44
86

138
203

Number of Motor Vehicles Financed at Retail by Finance Companies
(In thousands)
Change from:
Year
ago

January 31,
1978

-72

-13

87
83
118

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

Month
ago

288

Type of vehicle

-21
-7
-44

3
3
-19

Selected Liabilities of Finance Companies
(In millions of dollars)

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




Seasonally adjusted increase or decrease
(-) during:
January 31,
November
December
January
1978
1977
1977
1978
5,805
30,826
27,201
3,625

-138
516
225
291

-154
1,678
1,238
440

344
1,274
930
344