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Statistical Supplement | January 2005

Statistical Supplement to the Federal Reserve Bulletin, January 2005

1.56  Terms of Consumer Credit1
Percent per year except as noted
Item 2001 2002 2003 2004
Mar Apr May June July Aug Sept
Interest Rates  
  Commercial banks2  
1 48-month new car 8.50 7.62 6.93 n.a. n.a. 6.43r n.a. n.a. 6.55 n.a.
2 24-month personal 13.22 12.54 11.95 n.a. n.a. 11.80 n.a. n.a. 12.02 n.a.
 
  Credit card plan  
3 All accounts 14.87r 13.40r 12.30r n.a. n.a. 12.68 n.a. n.a. 13.01r n.a.
4 Accounts assessed interest 14.46r 13.11r 12.73r n.a. n.a. 12.93 n.a. n.a. 13.60r n.a.
 
  Auto finance companies  
5 New car 5.65 4.29 3.40 3.51 3.60 3.32 4.02 5.25 5.62 5.74
6 Used car 12.18 10.74 9.72 9.14 8.92 8.80 8.78 8.90 8.96 8.92
 
Other Terms3  
  Maturity (months)  
7 New car 55.1 56.8 61.4 59.5 59.9 60.2 60.6 60.9 60.8 60.9
8 Used car 57.5 57.5 57.5 56.7 56.8 56.9 57.0 56.9 57.1 57.2
 
  Loan-to-value ratio  
9 New car 91 94 95 93 93 92 91 89 84 81
10 Used car 100 100 100 100 101 101 101 100 100 99
 
  Amount financed (dollars)  
11 New car 22,822 24,747 26,295 25,873 25,918 25,854 24,804 23,821 22,951 22,765
12 Used car 14,416 14,532 14,613 14,599 14,829 14,955 15,086 15,361 15,197 15,490

1. The Board's series on amounts of credit covers most short- and intermediate-term credit extended to individuals. Data in this table also appear in the Board's G.19 (421) monthly statistical release.   Return to table

2. Data are available for only the second month of each quarter.   Return to table

3. At auto finance companies.   Return to table

Statistical Supplement | January 2005 | Tips for printing wide tables | Symbols and Abbreviations


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Last update: May 4, 2005