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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
G. 21

'

:

March 4, 1960

CONSUMER LOANS MADE UNDER. EFFECTIVE STATE SMALL L A LAWS*
OM
Amount o u t s t a n d i n g and volume of loans made
January 1960
( E s t i m a t e s , i n m i l l i o n s of d o l l a r s )

Item

Amount of loans o u t s t a n d i n g ,
end of month
Chan, c from:
Month ago
Year ago
Volume of loans made during
month
Chan c from:
Month ago
Ycnr ago

January
19#

January
1958

3,070

2,813

2,721

+ 12
+ 257

+

0 '
+ 2#

January j
I960

3
92

326
.-236
+ 19

-233
1

308

307
.

- 211
+ 13

-::-Data cover a l l consui.icr loans nadi: under e f f e c t i v e S t a t e
s n a i l loan l a v s , as d e f i n e d by the N a t i o n a l Consumer Finance
A s s o c i a t i o n . I n c l u d e s such lopns nade by consumer f i n a n c e comp a n i e s , s a l e s f i n a n c e companies, and o t h e r lending i n s t i t u t i o n s .