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

Statistical Supplement | April 2006

Statistical Supplement to the Federal Reserve Bulletin, April 2006

1.56 Terms of Consumer Credit¹
Item		2003	2004	2005	2005
Percent per year except as noted
Item		2003	2004	2005	June	July	Aug	Sept	Oct	Nov	Dec
Interest Rates
	Commercial banks²
1	48-month new car	6.93	6.60	7.08	n.a.	n.a.	7.08	n.a.	n.a.	7.43^r	n.a.
2	24-month personal	11.95	11.89	12.05	n.a.	n.a.	12.22	n.a.	n.a.	11.95^r	n.a.

	Credit card plan
3	All accounts	12.30	12.71	12.50	n.a.	n.a.	12.48	n.a.	n.a.	12.57	n.a.
4	Accounts assessed interest	12.73	13.21	14.54	n.a.	n.a.	14.75	n.a.	n.a.	14.48	n.a.

	Auto finance companies
5	New car	3.40	4.36	5.46	5.55	5.71	5.80	5.89	6.13	6.40	5.39
6	Used car	9.72	8.96	9.03	8.93	8.55	8.72	9.06	8.96	8.95	8.73

Other Terms³
	Maturity (months)
7	New car	61.4	60.5	60.0	59.9	60.4	60.1	60.2	61.4	60.6	61.2
8	Used car	57.5	56.8	57.6	57.5	57.5	57.6	57.4	57.6	57.5	57.5

	Loan-to-value ratio
9	New car	95	89	88	88	89	88	88	90	88	88
10	Used car	100	100	98	98	97	97	99	99	98	98

	Amount financed (dollars)
11	New car	26,295	24,888	24,133	23,717	25,086	25,059	23,579	24,209	24,174	24,706
12	Used car	14,613	15,136	16,228	16,316	16,509	16,383	16,220	16,836	17,019	17,174

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 | April 2006 | Tips for printing wide tables | Symbols and Abbreviations

Accessibility | Contact us
Last update: May 1, 2006