Full text of G.20 Finance Companies : November 2021

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Finance Companies1

G.20

For immediate release

September 2021

November 2021

Owned and Managed Receivables Outstanding2
Seasonally adjusted. Billions of dollars except as noted.
2020
r
r
Q3
Q4

Q2

r

2017

2018

2019

2020

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

-2.9
0.1
-13.3
-4.1

-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

0.0
4.7
-14.3
-4.9

0.5
1.2
16.6
-5.3

1.8
8.3
-17.2
-5.6

-4.2
5.5
-2.0
-25.2

Total flow (annual rate)4
Consumer
Real estate
Business

-37.4
0.5
-21.1
-16.7

-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

0.0
34.1
-15.7
-18.3

6.5
8.4
17.6
-19.5

22.1
61.2
-18.9
-20.1

-50.4
41.3
-2.1
-89.5

Total outstanding
Consumer
Real estate
Business

Q1

r

2016

2021
p

r
Jul

Aug

-2.4
0.8
-5.1
-8.9

-0.6
-3.2
-8.0
7.5

-1.9
-1.5
-3.7
-2.0

-4.8
7.2
-3.6
-32.2

-28.9
6.2
-5.3
-29.8

-7.6
-24.3
-8.4
25.1

-22.3
-11.7
-3.9
-6.7

-56.9
54.7
-3.8
-107.8

Q3

r

Sep

p

1,264.2 1,245.6 1,240.1 1,233.1 1,204.3 1,202.7 1,204.3 1,209.8 1,197.3 1,190.0 1,196.6 1,194.8 1,190.0
737.9
734.5
728.3
729.2
733.5
731.4
733.5
748.8
759.1
760.6
757.0
756.1
760.6
138.3
123.8
114.8
117.2
110.0
105.7
110.0
105.3
104.8
103.4
104.1
103.8
103.4
388.0
387.2
397.1
386.7
360.8
365.7
360.8
355.8
333.4
325.9
335.5
334.9
325.9

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

5.1
66
28,601

5.4
67
29,288

6.1
66
30,173

6.4
67
31,311

5.2
69
34,449

5.0
68
34,660

5.1
68
33,738

4.8
67
34,207

4.9
67
33,915

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
17,045

13.5
61
17,260

14.1
62
17,876

14.7
63
18,442

13.6
64
19,636

12.7
64
19,910

13.0
64
20,641

13.6
64
20,452

14.0
65
20,813

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
2016
Total

2017

2018

2019

2020

Q3

Q4

Q1

Q2

Q3

2021
p

r
Jul

Aug

r

Sep

p

1,264.2 1,245.6 1,240.1 1,233.1 1,204.3 1,202.8 1,204.3 1,205.9 1,195.8 1,190.1 1,191.2 1,190.2 1,190.1

Consumer
Motor vehicle loans
Motor vehicle leases
Revolving6
Other7

737.9
305.5
189.5
25.5
217.4

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

730.7
347.6
182.1
16.9
184.1

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

760.0
370.8
181.5
14.9
192.9

755.9
366.1
183.2
15.3
191.3

756.1
366.7
182.1
15.1
192.3

760.0
370.8
181.5
14.9
192.9

Real estate
One-to-four family
Other

138.3
106.8
31.5

123.8
95.2
28.6

114.8
87.1
27.7

117.2
85.4
31.8

110.0
77.1
32.9

107.9
75.4
32.5

110.0
77.1
32.9

108.6
76.1
32.5

107.0
75.1
31.9

105.7
74.6
31.1

106.9
74.9
32.0

106.5
74.8
31.8

105.7
74.6
31.1

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

388.0
105.3
15.0
81.3
8.9
197.2
115.2
82.0
85.6

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

364.1
89.6
19.2
61.7
8.7
190.3
120.6
69.7
84.2

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
63.9
75.8

324.4
64.9
21.6
35.0
8.2
187.1
124.3
62.8
72.4

328.4
67.1
21.8
37.1
8.2
186.7
123.4
63.3
74.6

327.5
67.0
21.7
37.1
8.2
187.1
124.1
63.0
73.4

324.4
64.9
21.6
35.0
8.2
187.1
124.3
62.8
72.4

Footnotes appear on the third page.

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

r
Jul

Aug

-22.8

-55.6

-11.9

-0.9

51.6
30.1
4.7
-0.6
17.4

14.9
18.7
-10.1
-2.2
8.5

-5.1
-0.1
-9.7
-2.0
6.7

3.3
7.1
-13.2
-2.3
11.8

46.4
49.1
-7.4
-2.4
7.1

-5.8
-4.3
-1.5

-6.3
-3.7
-2.6

-5.1
-2.2
-2.9

-1.0
-2.3
1.3

-4.5
-2.2
-2.3

-9.9
-2.2
-7.7

-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
-6.3
11.4
-17.7
-14.2

-32.6
-20.1
-0.5
-19.3
-0.3
1.0
5.7
-4.7
-13.4

-49.5
-33.3
-0.3
-32.0
-1.0
-2.1
5.4
-7.5
-14.2

-10.7
-1.0
-0.5
0.3
-0.8
4.9
8.9
-4.0
-14.6

-37.4
-26.1
-0.8
-26.2
0.8
0.2
2.7
-2.5
-11.5

2016

2017

2018

2019

2020

Q3

Q4

Q1

Q2

Q3

-37.4

-18.6

-5.5

-7.0

-28.8

6.2

6.2

6.3

-40.3

Consumer
Motor vehicle loans
Motor vehicle leases
Revolving6
Other7

0.5
2.2
13.4
-0.2
-15.0

-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

42.8
54.4
-6.2
-5.4
0.1

10.9
10.8
-0.2
0.6
-0.3

39.7
33.0
3.1
-6.0
9.6

Real estate
One-to-four family
Other

-21.1
-16.7
-4.5

-14.5
-11.6
-3.0

-9.0
-8.1
-0.9

2.4
-1.7
4.1

-7.2
-8.2
1.1

-15.5
-14.9
-0.6

8.4
6.9
1.6

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

-16.7
1.7
0.6
1.6
-0.5
-21.7
-6.9
-14.8
3.3

-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

-21.1
-15.0
2.1
-16.0
-1.1
-8.5
1.0
-9.5
2.4

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

Total

2021
p

r

Sep

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.