The Federal Reserve Board eagle logo links to home page

Statistical Supplement | August 2008

Statistical Supplement to the Federal Reserve Bulletin, August 2008
1.56  Terms of Consumer Credit1
Percent per year except as noted
Item 2005 2006 2007 2007 2008
Oct Nov Dec Jan Feb Mar Apr
Interest Rates  
  Commercial banks2  
1 48-month new car 7.08 7.72 7.77 na 7.59 n.a. n.a. 7.27 n.a. n.a.
2 24-month personal 12.05 12.41 12.39 na 12.16 n.a. n.a. 11.43 n.a. n.a.
 
  Credit card plan  
3 All accounts 12.51 13.21 13.38 na 13.08 n.a. n.a. 12.48 n.a. n.a.
4 Accounts assessed interest 14.55 14.73 14.67 na 14.34 n.a. n.a. 13.72 n.a. n.a.
 
  Auto finance companies  
5 New car 6.02 4.99 4.87 4.60 4.72 4.33 4.97 5.37 4.19 4.54
6 Used car 8.81 9.61 9.24 9.46 9.74 9.73 9.06 8.91 8.88 8.34
 
Other Terms3  
  Maturity (months)  
7 New car 60.0 63.0 62.0 63.6 62.7 62.5 62.3 63.2 62.3 63.1
8 Used car 58.6 59.4 60.7 60.3 60.4 60.5 58.9 60.3 60.8 60.6
 
  Loan-to-value ratio  
9 New car 88 94 95 95 95 95 94 95 94 94
10 Used car 98 99 100 99 98 97 96 96 96 96
 
  Amount financed (dollars)  
11 New car 24,133 26,620 28,287 30,133 29,327 29,076 28,231 28,118 28,173 27,397
12 Used car 16,228 16,671 17,095 17,162 17,184 17,371 17,220 17,127 17,049r 17,281

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

Accessibility | Contact us
Last update: August 29, 2008