FRB: January 2006 Statistical Supplement--Terms of Consumer Credit

Statistical Supplement | January 2006

Statistical Supplement to the Federal Reserve Bulletin, January 2006

1.56 Terms of Consumer Credit¹
Item		2002	2003	2004	2005
Percent per year except as noted
Item		2002	2003	2004	Mar	Apr	May	June	July	Aug	Sept
Interest Rates
	Commercial banks²
1	48-month new car	7.62	6.93	6.60	n.a.	n.a.	6.93	n.a.	n.a.	7.08	n.a.
2	24-month personal	12.54	11.95	11.89	n.a.	n.a.	12.03	n.a.	n.a.	12.22	n.a.

	Credit card plan
3	All accounts	13.40	12.30	12.71	n.a.	n.a.	12.76	n.a.	n.a.	12.48	n.a.
4	Accounts assessed interest	13.11	12.73	13.21	n.a.	n.a.	14.81	n.a.	n.a.	14.75	n.a.

	Auto finance companies
5	New car	4.29	3.40	4.36	4.35	4.76	5.25	5.55	5.71	5.80	5.89
6	Used car	10.74	9.72	8.96	9.38	9.41	9.34	8.93	8.55	8.72	9.06

Other Terms³
	Maturity (months)
7	New car	56.8	61.4	60.5	59.7	59.5	59.2	59.9	60.4	60.1	60.2
8	Used car	57.5	57.5	56.8	57.9	57.9	57.5	57.5	57.5	57.6	57.4

	Loan-to-value ratio
9	New car	94	95	89	88	87	88	88	89	88	88
10	Used car	100	100	100	99	99	98	98	97	97	99

	Amount financed (dollars)
11	New car	24,747	26,295	24,888	24,118	23,725	22,989	23,717	25,086	25,059	23,579
12	Used car	14,532	14,613	15,136	15,395	15,750	16,011	16,316	16,509	16,383	16,220

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 2006 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: January 26, 2006