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Statistical Supplement | March 2008

Statistical Supplement to the Federal Reserve Bulletin, March 2008
1.56  Terms of Consumer Credit1
Percent per year except as noted
Item 2004 2005 2006 2007
May June July Aug Septr Octr Nov
Interest Rates  
  Commercial banks2  
1 48-month new car 6.60 7.08 7.72 7.92 n.a. n.a. 7.82 n.a. n.a. 7.59
2 24-month personal 11.89 12.05 12.41 12.57 n.a. n.a. 12.51 n.a. n.a. 12.16
 
  Credit card plan  
3 All accounts 12.72 12.51 13.21 13.46 n.a. n.a. 13.58 n.a. n.a. 13.08
4 Accounts assessed interest 13.22 14.55 14.73 14.47 n.a. n.a. 15.24 n.a. n.a. 14.35
 
  Auto finance companies  
5 New car 4.36 5.46 4.96 4.88 4.66 4.74 4.13r 4.52 4.14 4.25
6 Used car 8.96 9.03 9.67 9.35 9.22 9.00 9.08 9.23 9.76 10.07
 
Other Terms3  
  Maturity (months)  
7 New car 60.5 60.0 62.3 61.1 58.7 58.6 62.5r 62.8 63.5 62.8
8 Used car 56.8 57.6 57.5 59.4 59.3 59.4 59.4r 59.4 59.2 59.1
 
  Loan-to-value ratio  
9 New car 89 88 94r 97r 95r 95r 95 96 95 95
10 Used car 100 98 99 103 103 103 102 101 99 98
 
  Amount financed (dollars)  
11 New car 24,888 24,133 26,620r 27,780r 27,524r 27,583r 28,639r 28,826 30,133 29,327
12 Used car 15,136 16,228 16,671 16,938 17,131 17,230 17,109 17,117 17,162 17,184

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 | March 2008 | Tips for printing wide tables | Symbols and Abbreviations

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Last update: April 11, 2008