G.19                                                        CONSUMER CREDIT                        For release at 3 p.m. (Eastern Time)
1                                                            November 2000                                              January 8, 2001

Consumer credit grew at a 10 1/4 percent annual rate in November, up from a 7 1/2 percent rate in October. (1)  The pickup reflected
faster growth in the nonrevolving component.

CONSUMER CREDIT OUTSTANDING 2
Seasonally adjusted
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                                                                             1999                            2000
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                                 1995    1996    1997    1998    1999     Q3      Q4      Q1      Q2      Q3      Sep    Oct r   Nov p
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Percent change at annual rate 3
  Total                           14.1     7.9     4.4     5.4     7.1     5.3     8.0    10.2     9.4     8.2     7.2     7.5    10.2
   Revolving                      21.2    12.7     6.4     5.5     6.3     4.0     7.7    13.3    12.5     9.2     7.8     9.2     8.7
   Nonrevolving 3                  9.7     4.7     3.0     5.3     7.8     6.3     8.3     7.9     7.1     7.5     6.7     6.1    11.4

Amount: billions of dollars
  Total                         1095.8  1182.6  1234.5  1301.0  1393.7  1366.3  1393.7  1429.2  1462.8  1492.9  1492.9  1510.2  1523.1
   Revolving                     443.1   499.4   531.2   560.5   595.6   584.4   595.6   615.5   634.7   649.3   649.3   657.2   662.0
   Nonrevolving 3                652.7   683.1   703.3   740.5   798.0   781.9   798.0   813.7   828.2   843.6   843.6   853.0   861.1
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TERMS OF CREDIT AT COMMERCIAL BANKS AND FINANCE COMPANIES 4
Percent except as noted: not seasonally adjusted
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Institution, terms, and type of loan
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Commercial banks
     Interest rates
   48-mo. new car                 9.57    9.05    9.02    8.72    8.44    8.44    8.66    8.88    9.21    9.62     n.a.    n.a.   9.63
   24-mo. personal               13.94   13.54   13.90   13.74   13.39   13.38   13.52   13.76   13.88   13.85     n.a.    n.a.  14.12
        Credit card plan
    All accounts                 15.90   15.63   15.77   15.71   15.21   15.08   15.13   15.47   15.39   15.98     n.a.    n.a.  15.99
    Accounts assessed interest   15.64   15.50   15.57   15.59   14.81   14.79   14.77   14.32   14.74   15.35     n.a.    n.a.  15.23

New car loans at auto finance companies
  Interest Rates                 11.19    9.84    7.12    6.30    6.66    6.48    7.27    7.09    6.43    7.06    7.16    4.74    5.44
  Maturity (months)               54.1    51.6    54.1    52.1    52.7    51.9    53.5    52.9    54.3    55.7    55.9    57.6    57.3
  Loan-to-Value Ratio               92      91      92      92      92      92      91      92      93      91      91      93      93
  Amount financed (dollars)     16,210  16,987  18,077  19,083  19,880  20,013  20,517  20,368  20,504  20,694  21,010  22,069  22,443

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This release is issued around the fifth business day of each month. The exact date and time may be obtained by calling (202) 452 - 3206.
Footnotes appear on reverse.



1
CONSUMER CREDIT OUTSTANDING
(Billions of dollars)
Not seasonally adjusted

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                                                                               1999                            2000
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                                   1995    1996    1997    1998    1999     Q3      Q4      Q1      Q2      Q3      Sep    Oct r   Nov p
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Total                             1122.8  1211.6  1264.1  1331.7  1426.2  1368.9  1426.2  1416.0  1454.0  1495.6  1495.6  1514.3  1530.8

Major holders
Total                             1122.8  1211.6  1264.1  1331.7  1426.2  1368.9  1426.2  1416.0  1454.0  1495.6  1495.6  1514.3  1530.8
Commercial banks                   502.0   526.8   512.6   508.9   499.8   472.5   499.8   497.1   506.2   521.8   521.8   522.0   528.8
Finance companies                  152.1   152.4   160.0   168.5   181.6   173.0   181.6   183.7   190.3   197.3   197.3   200.8   196.9
Credit unions                      131.9   144.1   152.4   155.4   167.9   162.9   167.9   169.2   176.0   181.6   181.6   183.2   184.4
Savings institutions                40.1    44.7    47.2    51.6    61.5    60.1    61.5    59.0    61.0    62.6    62.6    62.8    63.1
Nonfinancial business               85.1    77.7    78.9    74.9    80.3    67.5    80.3    72.9    73.5    72.1    72.1    70.8    73.8
Pools of securitized assets 6      211.6   265.8   313.1   372.4   435.1   433.0   435.1   434.0   447.0   460.3   460.3   474.7   483.9

Major types of credit 7
Revolving                          464.1   522.9   555.9   586.5   623.2   581.3   623.2   609.0   627.9   645.8   645.8   655.2   665.4
   Commercial banks                210.3   228.6   219.8   210.3   189.4   168.9   189.4   184.9   194.8   202.4   202.4   202.4   208.1
   Finance companies                28.5    32.5    38.6    32.3    33.8    30.7    33.8    31.5    33.1    35.4    35.4    37.1    37.1
   Credit unions                    15.5    17.8    19.6    19.9    20.6    19.4    20.6    19.7    20.2    20.8    20.8    20.8    21.2
   Savings institutions              8.4    10.3    11.4    12.5    15.8    13.5    15.8    15.0    15.5    16.3    16.3    16.5    16.7
   Nonfinancial business            53.5    44.9    45.0    39.2    42.8    34.2    42.8    37.4    37.1    35.8    35.8    34.5    36.4
   Pools of securitized assets 6   147.9   188.7   221.5   272.3   320.8   314.6   320.8   320.6   327.3   335.1   335.1   343.8   345.9

Nonrevolving                       658.7   688.7   708.2   745.2   802.9   787.7   802.9   806.9   826.1   849.8   849.8   859.1   865.4
   Commercial banks                291.7   298.2   292.7   298.6   310.4   303.6   310.4   312.2   311.5   319.4   319.4   319.5   320.8
   Finance companies               123.7   119.9   121.4   136.2   147.8   142.2   147.8   152.2   157.2   161.9   161.9   163.7   159.8
   Credit unions                   116.5   126.3   132.8   135.5   147.3   143.5   147.3   149.5   155.9   160.8   160.8   162.4   163.2
   Savings institutions             31.7    34.4    35.7    39.2    45.7    46.6    45.7    44.0    45.5    46.3    46.3    46.3    46.4
   Nonfinancial business            31.5    32.8    34.0    35.7    37.5    33.3    37.5    35.5    36.4    36.3    36.3    36.4    37.4
   Pools of securitized assets 6    63.7    77.1    91.6   100.1   114.2   118.4   114.2   113.5   119.7   125.2   125.2   130.9   137.9

1. The level of consumer credit outstanding in October and its revolving and nonrevolving components include previously unreported
assets, and thus represent breaks in these series.  The October growth rates are adjusted to exclude these previously unreported assets.
2. Covers most short- and intermediate-term credit extended to individuals, excluding loans secured by real estate.
3. Percent changes calculated from unrounded data.
4. Comprises automobile loans and all other loans not included in revolving credit, such as loans for mobile homes, trailers, or
vacations. These loans may be secured or unsecured.
5. Interest rates are annual percentage rates (APR) as specified by the Federal Reserve's Regulation Z. Interest rates for new-car loans
and personal loans at commercial banks are simple unweighted averages of each bank's most common rate charged during the first calendar
week of the middle month of each quarter. For credit card accounts, the rate for all accounts is the stated APR averaged across all
credit card accounts at all reporting banks. The rate for accounts assessed interest is the annualized ratio of total finance charges at
all reporting banks to the total average daily balances against which the finance charges were assessed (excludes accounts for which no
finance charges were assessed). Finance company data are from the subsidiaries of the three major U.S. automobile manufacturers and are
volume-weighted averages covering all loans of each type purchased during the month.
6. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of
the loan originators.
7. Includes estimates for holders that do not separately report consumer credit holding by type.
r=revised.  p=preliminary.