Current Release PDF DDP

Release Date: August 21, 2019

Finance Companies 1

June 2019

 
Owned and Managed Receivables Outstanding 2
Seasonally adjusted. Billions of dollars except as noted.
  2018 2019
  2014 2015 2016 2017 2018 Q2 Q3 Q4 Q1r Q2p Aprr Mayr Junp
Total percent change (annual rate) 3   2.0 0.4 -2.8 -1.7 -0.5 0.2 -2.1 1.1 3.3 0.9 2.4 1.2 -1.0
Consumer   3.2 2.4 0.2 -0.8 -0.9 -0.5 -1.0 1.3 -0.5 0.6 -1.9 1.7 2.1
Real estate   -5.7 -19.3 -13.3 -10.5 -7.3 -6.2 -18.2 -3.3 10.9 -2.8 11.6 -3.7 -16.0
Business   2.5 3.3 -4.1 -0.2 2.5 3.4 0.6 1.9 8.1 2.3 7.6 1.6 -2.3
 
Total flow (annual rate) 4   28.3 5.8 -36.3 -21.4 -5.8 2.0 -26.8 13.1 41.2 10.8 30.8 14.7 -13.2
Consumer   27.0 20.8 1.5 -6.1 -6.6 -3.8 -7.0 9.4 -3.6 4.6 -13.8 12.5 15.1
Real estate   -8.9 -28.6 -21.1 -14.5 -9.0 -7.6 -22.1 -3.8 12.6 -3.3 13.7 -4.4 -19.0
Business   10.2 13.6 -16.7 -0.8 9.8 13.4 2.3 7.5 32.3 9.4 30.9 6.6 -9.3
 
Total outstanding   1442.2 1310.8 1274.4 1253.0 1247.2 1250.7 1244.0 1247.2 1257.5 1260.2 1260.1 1261.3 1260.2
Consumer   882.6 746.6 748.1 742.0 735.4 734.8 733.0 735.4 734.5 735.7 733.3 734.4 735.7
Real estate   148.1 159.5 138.3 123.8 114.8 121.2 115.7 114.8 117.9 117.1 119.1 118.7 117.1
Business   411.5 404.7 388.0 387.2 397.1 394.6 395.2 397.1 405.1 407.5 407.7 408.3 407.5
 
Auto Loans: Terms of Credit 5
Not seasonally adjusted.
New car loans
Interest rates (percent)   4.9 5.1 5.0 5.4 6.1 6.2 6.4 6.7 6.5 n.a. n.a. n.a. n.a.
Maturity (months)   64 65 66 67 66 66 66 66 66 n.a. n.a. n.a. n.a.
Amount financed (dollars)   26,288 27,472 28,601 29,288 30,173 29,805 29,921 30,494 30,865 n.a. n.a. n.a. n.a.
 
Used car loans
Interest rates (percent)   13.3 14.1 13.5 13.4 14.1 14.3 13.8 14.2 15.0 n.a. n.a. n.a. n.a.
Maturity (months)   59 60 61 61 62 62 62 62 62 n.a. n.a. n.a. n.a.
Amount financed (dollars)   17,263 16,977 17,045 17,260 17,876 17,554 18,211 18,431 18,100 n.a. n.a. n.a. n.a.
 
Owned and Managed Receivables Outstanding (Levels) 2
Not seasonally adjusted. Billions of dollars.
  2018 2019
  2014 2015 2016 2017 2018 Q2 Q3 Q4 Q1r Q2p Aprr Mayr Junp
 
Total   1442.2 1310.8 1274.4 1253.0 1247.2 1245.8 1243.6 1247.2 1250.5 1255.3 1251.6 1252.5 1255.3
 
Consumer   882.6 746.6 748.1 742.0 735.4 732.4 733.9 735.4 729.2 733.3 729.2 732.0 733.3
Motor vehicle loans   330.8 307.6 311.2 309.3 316.0 308.5 312.3 316.0 317.5 321.6 318.6 320.7 321.6
Motor vehicle leases   188.9 176.1 189.5 193.2 193.9 193.7 194.0 193.9 192.9 192.2 191.7 191.8 192.2
Revolving 6   60.3 25.7 25.5 26.6 23.7 24.1 23.5 23.7 22.0 23.8 22.6 23.2 23.8
Other 7   302.5 237.3 221.8 212.9 201.8 206.2 204.2 201.8 196.9 195.8 196.3 196.4 195.8
 
Real estate   148.1 159.5 138.3 123.8 114.8 122.6 117.8 114.8 120.3 118.4 120.5 119.8 118.4
One-to-four family   104.6 123.4 106.8 95.2 87.1 94.8 89.9 87.1 88.9 87.0 89.1 88.4 87.0
Other   43.5 36.0 31.5 28.6 27.7 27.7 27.9 27.7 31.4 31.4 31.5 31.4 31.4
 
Business   411.5 404.7 388.0 387.2 397.1 390.7 391.8 397.1 401.0 403.6 401.9 400.6 403.6
Motor vehicles   150.9 103.6 105.3 106.1 115.7 107.7 105.7 115.7 117.9 119.6 118.3 118.3 119.6
Retail loans   30.0 14.5 15.0 15.7 17.5 16.1 16.7 17.5 17.6 17.8 17.7 17.8 17.8
Wholesale loans 8   88.6 79.7 81.3 81.7 88.9 82.8 80.0 88.9 91.0 92.3 91.3 91.1 92.3
Leases   32.4 9.4 8.9 8.7 9.2 8.9 9.0 9.2 9.3 9.4 9.3 9.4 9.4
Equipment   173.9 218.9 197.2 195.3 199.6 201.6 202.1 199.6 201.7 201.8 201.7 200.5 201.8
Loans   115.5 122.1 115.2 117.4 125.7 125.1 126.2 125.7 127.9 128.0 127.9 127.2 128.0
Leases   58.4 96.8 82.0 77.9 73.9 76.5 75.9 73.9 73.9 73.8 73.8 73.3 73.8
Other business receivables 9   86.7 82.2 85.6 85.8 81.7 81.4 84.1 81.7 81.3 82.2 81.9 81.8 82.2
 
Owned and Managed Receivables Outstanding (Flows) 2,4
Not seasonally adjusted. Billions of dollars, annual rate.
  2018 2019
  2014 2015 2016 2017 2018 Q2 Q3 Q4 Q1r Q2p Aprr Mayr Junp
 
Total   28.3 5.8 -36.3 -21.4 -5.8 10.7 -8.6 14.5 13.0 19.4 14.1 9.7 34.5
 
Consumer   27.0 20.8 1.5 -6.1 -6.6 7.9 6.0 5.8 -24.7 16.3 -0.5 34.3 15.2
Motor vehicle loans   14.6 -23.2 3.7 -1.9 6.7 9.1 15.4 15.0 5.7 16.4 13.2 25.4 10.6
Motor vehicle leases   21.6 -12.9 13.4 3.7 0.6 3.6 1.2 -0.4 -4.0 -2.9 -13.8 0.8 4.3
Revolving 6   -6.8 -34.6 -0.2 1.1 -2.9 -1.7 -2.6 0.9 -7.0 7.3 7.3 7.4 7.1
Other 7   -2.4 -65.3 -15.4 -9.0 -11.1 -3.2 -8.0 -9.7 -19.4 -4.5 -7.3 0.7 -6.8
 
Real estate   -8.9 -28.6 -21.1 -14.5 -9.0 -11.9 -19.1 -12.1 22.1 -7.5 2.7 -8.1 -17.2
One-to-four family   -10.1 18.8 -16.7 -11.6 -8.1 -8.2 -19.7 -11.3 7.1 -7.5 2.2 -7.8 -16.9
Other   1.2 -7.4 -4.5 -3.0 -0.9 -3.7 0.6 -0.8 14.9 0.0 0.5 -0.3 -0.3
 
Business   10.2 13.6 -16.7 -0.8 9.8 14.7 4.4 20.8 15.6 10.6 11.9 -16.5 36.5
Motor vehicles   7.9 -47.3 1.7 0.9 9.6 -6.3 -8.3 40.1 8.9 6.7 4.9 -0.6 15.8
Retail loans   1.9 -15.5 0.6 0.7 1.8 0.8 2.4 3.5 0.5 0.7 0.9 0.9 0.3
Wholesale loans 8   2.4 -8.9 1.6 0.4 7.2 -7.6 -11.1 35.5 8.3 5.3 3.6 -2.2 14.6
Leases   3.6 -23.0 -0.5 -0.2 0.5 0.5 0.3 1.1 0.2 0.6 0.3 0.7 0.9
Equipment   1.6 45.0 -21.7 -1.9 4.3 14.8 1.8 -9.8 8.3 0.5 -0.4 -14.7 16.5
Loans   5.5 6.5 -6.9 2.2 8.3 22.8 4.5 -2.0 8.5 0.5 0.2 -8.5 10.0
Leases   -3.9 38.4 -14.8 -4.1 -4.0 -8.0 -2.6 -7.9 -0.1 -0.1 -0.6 -6.2 6.5
Other business receivables 9   0.8 -4.5 3.3 0.2 -4.0 6.2 10.9 -9.4 -1.6 3.5 7.4 -1.2 4.2

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: August 21, 2019