G.20                                                      FINANCE COMPANIES 1                                                                    For immediate release
                                                               October 2018                                                                                  December 20, 2018

Owned and Managed Receivables Outstanding 2
Seasonally adjusted. Billions of dollars except as noted.

Owned and Managed Receivables Outstanding (Levels) 2
(Billions of dollars)
Not seasonally adjusted

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

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.
    of the loan originator. Detailed historical data on securitized business receivables are available from the Data Download Program.
    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.

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