Current Release PDF Data Download

Release Date: July 15, 2021

Finance Companies 1

May 2021

 
Owned and Managed Receivables Outstanding 2
Seasonally adjusted. Billions of dollars except as noted.
  2020 2021
  2016 2017 2018 2019 2020 Q1 Q2 Q3r Q4 Q1r Marr Aprr Mayp
Total percent change (annual rate) 3   -2.9 -1.5 -0.4 -0.6 -2.3 1.2 -11.0 0.0 0.5 2.7 1.3 4.3 -2.9
Consumer   0.1 -0.5 -0.9 0.1 0.6 -3.5 0.0 4.7 1.2 9.1 14.2 10.5 2.3
Real estate   -13.3 -10.5 -7.3 2.1 -6.1 -17.8 -8.6 -14.3 16.6 -17.2 -16.4 1.2 2.0
Business   -4.1 -0.2 2.5 -2.6 -6.7 15.7 -31.4 -4.9 -5.3 -4.1 -19.7 -7.7 -15.4
 
Total flow (annual rate) 4   -37.4 -18.6 -5.5 -7.0 -28.8 14.5 -136.3 0.0 6.5 33.1 16.3 52.2 -35.1
Consumer   0.5 -3.3 -6.3 1.0 4.2 -25.3 -0.3 34.1 8.4 66.9 105.4 78.5 17.5
Real estate   -21.1 -14.5 -9.0 2.4 -7.2 -20.9 -9.6 -15.7 17.6 -18.9 -17.5 1.3 2.1
Business   -16.7 -0.8 9.8 -10.4 -25.9 60.7 -126.3 -18.3 -19.5 -14.9 -71.5 -27.6 -54.7
 
Total outstanding   1264.2 1245.6 1240.1 1233.1 1204.3 1236.7 1202.7 1202.7 1204.3 1212.6 1212.6 1216.9 1214.0
Consumer   737.9 734.5 728.3 729.2 733.5 722.9 722.8 731.4 733.5 750.2 750.2 756.7 758.2
Real estate   138.3 123.8 114.8 117.2 110.0 112.0 109.6 105.7 110.0 105.3 105.3 105.4 105.6
Business   388.0 387.2 397.1 386.7 360.8 401.9 370.3 365.7 360.8 357.1 357.1 354.8 350.2
 
Auto Loans: Terms of Credit 5
Not seasonally adjusted.
New car loans
Interest rates (percent)   5.1 5.4 6.1 6.4 5.2 6.1 4.8 5.0 5.1 4.8 4.8 n.a. n.a.
Maturity (months)   66 67 66 67 69 68 71 68 68 67 67 n.a. n.a.
Amount financed (dollars)   28,601 29,288 30,173 31,311 34,449 32,724 36,675 34,660 33,738 34,207 34,207 n.a. n.a.
 
Used car loans
Interest rates (percent)   13.5 13.5 14.1 14.7 13.6 14.3 14.2 12.7 13.0 13.6 13.6 n.a. n.a.
Maturity (months)   61 61 62 63 64 63 63 64 64 64 64 n.a. n.a.
Amount financed (dollars)   17,045 17,260 17,876 18,442 19,636 18,985 19,009 19,910 20,641 20,452 20,452 n.a. n.a.
 
Owned and Managed Receivables Outstanding (Levels) 2
Not seasonally adjusted. Billions of dollars.
  2020 2021
  2016 2017 2018 2019 2020 Q1 Q2 Q3r Q4 Q1r Marr Aprr Mayp
 
Total   1264.2 1245.6 1240.1 1233.1 1204.3 1232.8 1201.2 1202.8 1204.3 1208.6 1208.6 1212.6 1210.0
 
Consumer   737.9 734.5 728.3 729.2 733.5 717.5 720.0 730.7 733.5 744.8 744.8 752.4 756.2
Motor vehicle loans   305.5 305.2 311.6 321.5 350.3 318.9 334.0 347.6 350.3 359.8 359.8 362.8 365.0
Motor vehicle leases   189.5 193.2 193.9 191.5 182.1 189.0 183.7 182.1 182.1 183.0 183.0 183.6 184.1
Revolving 6   25.5 26.6 23.7 21.9 17.1 19.1 18.3 16.9 17.1 15.6 15.6 15.7 15.7
Other 7   217.4 209.5 199.1 194.4 184.0 190.6 184.1 184.1 184.0 186.4 186.4 190.3 191.4
 
Real estate   138.3 123.8 114.8 117.2 110.0 115.3 111.8 107.9 110.0 108.6 108.6 108.1 107.9
One-to-four family   106.8 95.2 87.1 85.4 77.1 83.6 79.1 75.4 77.1 76.1 76.1 75.7 75.5
Other   31.5 28.6 27.7 31.8 32.9 31.7 32.7 32.5 32.9 32.5 32.5 32.4 32.4
 
Business   388.0 387.2 397.1 386.7 360.8 400.0 369.4 364.1 360.8 355.2 355.2 352.0 346.0
Motor vehicles   105.3 106.1 115.7 113.7 92.3 116.4 93.3 89.6 92.3 88.0 88.0 85.4 83.2
Retail loans   15.0 15.7 17.5 18.3 19.6 18.4 18.6 19.2 19.6 21.7 21.7 21.8 21.9
Wholesale loans 8   81.3 81.7 88.9 86.2 64.1 88.9 65.7 61.7 64.1 57.8 57.8 55.1 52.8
Leases   8.9 8.7 9.2 9.2 8.6 9.1 8.9 8.7 8.6 8.5 8.5 8.5 8.5
Equipment   197.2 195.3 199.6 196.9 187.7 197.1 192.5 190.3 187.7 188.0 188.0 188.6 188.5
Loans   115.2 117.4 125.7 120.9 118.8 122.5 120.4 120.6 118.8 120.0 120.0 120.5 120.8
Leases   82.0 77.9 73.9 76.0 68.9 74.7 72.1 69.7 68.9 67.9 67.9 68.1 67.7
Other business receivables 9   85.6 85.8 81.7 76.1 80.9 86.4 83.6 84.2 80.9 79.3 79.3 78.0 74.3
 
Owned and Managed Receivables Outstanding (Flows) 2,4
Not seasonally adjusted. Billions of dollars, annual rate.
  2020 2021
  2016 2017 2018 2019 2020 Q1 Q2 Q3r Q4 Q1r Marr Aprr Mayp
 
Total   -37.4 -18.6 -5.5 -7.0 -28.8 -1.4 -126.2 6.2 6.2 17.2 102.4 47.2 -30.1
 
Consumer   0.5 -3.3 -6.3 1.0 4.2 -46.8 10.0 42.8 10.9 45.5 108.5 90.8 45.8
Motor vehicle loans   2.2 -0.3 6.4 9.9 28.9 -10.4 60.7 54.4 10.8 38.0 56.7 35.4 26.2
Motor vehicle leases   13.4 3.7 0.6 -2.4 -9.4 -10.0 -21.3 -6.2 -0.2 3.8 17.4 6.8 6.4
Revolving 6   -0.2 1.1 -2.9 -1.9 -4.8 -11.0 -3.4 -5.4 0.6 -6.0 -5.7 1.3 0.7
Other 7   -15.0 -7.8 -10.4 -4.7 -10.4 -15.3 -26.0 0.1 -0.3 9.6 40.0 47.4 12.5
 
Real estate   -21.1 -14.5 -9.0 2.4 -7.2 -7.8 -13.8 -15.5 8.4 -5.8 -8.4 -5.7 -3.0
One-to-four family   -16.7 -11.6 -8.1 -1.7 -8.2 -7.1 -17.8 -14.9 6.9 -4.3 -6.9 -4.5 -2.6
Other   -4.5 -3.0 -0.9 4.1 1.1 -0.7 4.0 -0.6 1.6 -1.5 -1.6 -1.2 -0.4
 
Business   -16.7 -0.8 9.8 -10.4 -25.9 53.2 -122.4 -21.1 -13.2 -22.4 2.4 -37.9 -72.9
Motor vehicles   1.7 0.9 9.6 -2.0 -21.4 10.8 -92.3 -15.0 10.8 -17.1 -42.4 -31.3 -26.4
Retail loans   0.6 0.7 1.8 0.7 1.4 0.5 1.0 2.1 1.8 8.2 0.0 1.6 1.5
Wholesale loans 8   1.6 0.4 7.2 -2.7 -22.2 10.6 -92.6 -16.0 9.3 -24.9 -42.3 -32.9 -27.6
Leases   -0.5 -0.2 0.5 0.0 -0.6 -0.2 -0.8 -1.1 -0.3 -0.3 -0.1 0.0 -0.3
Equipment   -21.7 -1.9 4.3 -2.8 -9.2 1.1 -18.8 -8.5 -10.6 1.1 27.6 8.0 -1.5
Loans   -6.9 2.2 8.3 -4.9 -2.1 6.5 -8.4 1.0 -7.2 5.0 17.5 6.0 3.5
Leases   -14.8 -4.1 -4.0 2.1 -7.1 -5.3 -10.3 -9.5 -3.4 -3.8 10.1 2.0 -5.0
Other business receivables 9   3.3 0.2 -4.0 -5.6 4.7 41.3 -11.3 2.4 -13.3 -6.4 17.1 -14.7 -45.0

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 are 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. ...=not applicable.

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Last Update: July 15, 2021