CONSUMER CREDIT FINANCE RATES BY INSTITUTION AND TYPE OF LOAN, 1999-2008
Commercial banks |
|
|
|
|
|
|
|
|
|
|
New automobiles (48 months) |
8.44% |
9.34% |
8.50% |
7.62% |
6.93% |
6.60% |
7.08% |
7.72% |
7.77% |
7.02% |
Personal (24 months) |
13.39 |
13.90 |
13.22 |
12.54 |
11.95 |
11.89 |
12.05 |
12.41 |
12.39 |
11.37 |
Credit card plans |
15.21 |
15.78 |
14.87 |
13.40 |
12.30 |
12.72 |
12.51 |
13.21 |
13.38 |
12.08 |
Finance companies |
|
|
|
|
|
|
|
|
|
|
New automobiles |
6.66 |
6.61 |
5.65 |
4.29 |
3.81 |
4.92 |
6.02 |
4.99 |
4.87 |
5.52 |
Used automobiles |
12.60 |
13.55 |
12.18 |
10.74 |
9.86 |
8.81 |
8.81 |
9.61 |
9.24 |
NA |
|
NA=Data not available.
Source: Board of Governors of the Federal Reserve System.
CONSUMER CREDIT FINANCE RATES BY INSTITUTION AND TYPE OF LOAN, 2000-2009
Commercial banks |
|
|
|
|
|
|
|
|
|
|
New automobiles (48 months) |
9.34% |
8.50% |
7.62% |
6.93% |
6.60% |
7.07% |
7.72% |
7.77% |
7.02% |
6.72% |
Personal (24 months) |
13.90 |
13.22 |
12.54 |
11.95 |
11.89 |
12.06 |
12.41 |
12.38 |
11.37 |
11.10 |
Credit card plans |
15.78 |
14.87 |
13.40 |
12.30 |
12.72 |
12.51 |
13.21 |
13.30 |
12.08 |
13.40 |
Finance companies |
|
|
|
|
|
|
|
|
|
|
New automobiles |
6.61 |
5.65 |
4.29 |
3.81 |
4.92 |
6.02 |
4.99 |
4.87 |
5.52 |
3.82 |
Used automobiles |
13.55 |
12.18 |
10.74 |
9.86 |
8.81 |
8.81 |
9.61 |
9.24 |
NA |
NA |
|
NA=Data not available.
Source: Board of Governors of the Federal Reserve System.
CONSUMER CREDIT FINANCE RATES BY INSTITUTION AND TYPE OF LOAN, 2001-2010
Commercial banks |
|
|
|
|
|
|
|
|
|
|
New automobiles (48 months) |
8.50% |
7.62% |
6.93% |
6.60% |
7.07% |
7.72% |
7.77% |
7.02% |
6.72% |
6.21% |
Personal (24 months) |
13.22 |
12.54 |
11.95 |
11.89 |
12.06 |
12.41 |
12.38 |
11.37 |
11.10 |
10.87 |
Credit card plans |
14.87 |
13.40 |
12.30 |
12.72 |
12.51 |
13.21 |
13.30 |
12.08 |
13.40 |
13.78 |
Finance companies |
|
|
|
|
|
|
|
|
|
|
New automobiles |
5.65 |
4.29 |
3.81 |
4.92 |
6.02 |
4.99 |
4.87 |
5.52 |
3.82 |
4.26 |
Used automobiles |
12.18 |
10.74 |
9.86 |
8.81 |
8.81 |
9.61 |
9.24 |
NA |
NA |
NA |
|
NA=Data not available.
Source: Board of Governors of the Federal Reserve System.