The Federal Reserve Board eagle logo links to home page

Statistical Supplement | September 2004

Statistical Supplement to the Federal Reserve Bulletin, September 2004
1.56  Terms of Consumer Credit1
Percent per year except as noted
Item 2001 2002 2003 2003 2004
Nov Dec Jan Feb Mar Apr May
Interest Rates  
  Commercial banks2  
1 48-month new car 8.50 7.62 6.93 6.82 n.a. n.a. 6.72 n.a. n.a. 6.47
2 24-month personal 13.22 12.54 11.95 11.97 n.a. n.a. 11.88 n.a. n.a. 11.80
 
  Credit card plan  
3 All accounts 14.89 13.42 12.74 12.36 n.a. n.a. 12.66 n.a. n.a. 12.68
4 Accounts assessed interest 14.44 13.09 12.92 12.91 n.a. n.a. 12.41 n.a. n.a. 12.93
 
  Auto finance companies  
5 New car 5.65 4.29 3.40 3.93 3.56 3.20 3.00 3.51 3.60 3.32
6 Used car 12.18 10.74 9.72 9.08 9.18 9.22 9.29 9.14 8.92 8.80
 
Other Terms3  
  Maturity (months)  
7 New car 55.1 56.8 61.4 62.9 61.3 59.9 59.6 59.5 59.9 60.2
8 Used car 57.5 57.5 57.5 57.1 56.2 56.4 56.6 56.7 56.8 56.9
 
  Loan-to-value ratio  
9 New car 91 94 95 94 94 94 94 93 93 92
10 Used car 100 100 100 100 100 99 99 100 101 101
 
  Amount financed (dollars)  
11 New car 22,822 24,747 26,295 26,306 27,105 27,240 26,296 25,873 25,918 25,854
12 Used car 14,416 14,532 14,613 14,951 14,949 14,535 14,434 14,599 14,829 14,955

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 | September 2004 | Tips for printing wide tables | Symbols and Abbreviations

Accessibility | Contact us
Last update: May 11, 2005