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            Data Consumer Credit - G.19
 Current Release
        Release Dates
        Revisions
        Historical Data
        Charts
        About
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        Show More
        Show More
 The Board of Governors of the Federal Reserve System and the Federal Reserve
        Bank of St. Louis's Federal Reserve Economic Data (FRED) program are working
        together to expand options for finding, accessing, and visualizing data from
        the Board's Data Download Program (DDP) in FRED.
        Learn more about the DDP and FRED partnership.
  Current Release
  PDF
      Data Download *
 Notes about the Data
  April 2024
   Consumer Credit Outstanding 1  2023
    	  20242019
        2020
        2021
        2022r
        2023r
        Q1r
        Q2r
        Q3r
        Q4r
        Q1r
        Febr
        Marr
        AprpTotal percent change (annual rate)2
        4.6
        -0.3
        5.7
        7.6
        2.6
        4.0
        3.5
        0.4
        2.6
        1.8
        2.8
        -0.3
        1.5Revolving
        3.6
        -11.2
        6.7
        15.1
        8.8
        9.2
        8.3
        8.9
        7.5
        6.1
        10.7
        1.5
        -0.4Nonrevolving 3
        5.0
        3.5
        5.4
        5.3
        0.6
        2.3
        1.9
        -2.5
        0.9
        0.3
        0.0
        -0.9
        2.2Total flow (annual rate)2,4
        185.1
        -12.0
        237.8
        345.7
        129.5
        197.2
        171.8
        19.5
        129.4
        92.7
        141.8
        -13.2
        76.8Revolving
        38.1
        -122.1
        65.6
        159.1
        106.2
        112.1
        102.8
        112.9
        97.1
        80.8
        141.6
        19.9
        -5.5Nonrevolving 3
        147.0
        110.1
        172.2
        186.6
        23.3
        85.2
        69.0
        -93.4
        32.3
        11.9
        0.0
        -33.1
        82.4Total outstanding
        4,192.2
        4,184.9
        4,548.5
        4,894.2
        5,023.7
        4,943.5
        4,986.5
        4,991.3
        5,023.7
        5,046.9
        5,048.0
        5,046.9
        5,053.3Revolving
        1,092.0
        974.6
        1,053.5
        1,212.6
        1,318.8
        1,240.6
        1,266.3
        1,294.5
        1,318.8
        1,339.0
        1,337.3
        1,339.0
        1,338.5Nonrevolving 3
        3,100.2
        3,210.3
        3,495.0
        3,681.6
        3,704.9
        3,702.9
        3,720.2
        3,696.8
        3,704.9
        3,707.9
        3,710.6
        3,707.9
        3,714.7Terms of Credit
          Not seasonally adjusted. Percent except as noted.Commercial bank interest rates 5New car loans60-month
        5.31
        5.02
        4.82
        5.36
        7.83
        7.48
        7.81
        7.88
        8.15
        8.22
        8.22
        n.a.
        n.a.72-month
        5.36
        5.21
        4.82
        5.50
        7.89
        6.97
        7.80
        8.12
        8.67
        8.41
        8.41
        n.a.
        n.a.Credit card plansAll accounts
        15.05
        14.71
        14.60
        16.26
        20.90
        20.09
        20.84
        21.19
        21.47
        21.59
        21.59
        n.a.
        n.a.Accounts assessed interest
        16.98
        16.28
        16.45
        17.91
        22.15
        20.92
        22.16
        22.77
        22.75
        22.63
        22.63
        n.a.
        n.a.Personal loans24-month
        10.32
        9.51
        9.38
        9.87
        11.87
        11.48
        11.48
        12.17
        12.35
        12.49
        12.49
        n.a.
        n.a.Finance companies (new car loans)6Interest rates
        6.4
        5.2
        4.6
        5.2
        6.7
        6.4
        6.6
        6.7
        7.0
        6.2
        n.a.
        6.2
        n.a.Maturity (months)
        67
        69
        67
        67
        66
        66
        65
        65
        65
        66
        n.a.
        66
        n.a.Amount financed (dollars)
        31,311
        34,449
        35,307
        38,900
        38,716
        39,066
        38,689
        38,588
        38,519
        38,740
        n.a.
        38,740
        n.a.
  Consumer Credit Outstanding (Levels) 1  2023
        20242019
2020
2021
2022r
2023r
Q1r
Q2r
Q3r
Q4r
Q1r
Febr
Marr
AprpTotal
        4,192.2
        4,184.9
        4,548.5
        4,894.2
        5,023.7
        4,886.7
        4,941.7
        4,963.0
        5,023.7
        4,990.0
        5,004.8
        4,990.0
        4,998.0Major holdersDepository institutions
        1,774.1
        1,687.5
        1,827.2
        2,032.8
        2,116.9
        2,002.5
        2,037.0
        2,065.2
        2,116.9
        2,065.3
        2,079.4
        2,065.3
        2,069.8Finance companies
        537.7
        551.4
        695.1
        682.7
        727.3
        686.0
        706.5
        718.7
        727.3
        729.3
        728.1
        729.3
        733.1Credit unions
        498.0
        505.1
        532.0
        636.7
        662.6
        644.9
        653.9
        661.4
        662.6
        653.6
        657.1
        653.6
        655.8Federal government 7
        1,319.2
        1,381.0
        1,436.4
        1,487.3
        1,462.2
        1,499.7
        1,490.1
        1,463.1
        1,462.2
        1,488.6
        1,486.6
        1,488.6
        1,486.4Nonprofit and educational institutions 8
        27.3
        24.1
        22.0
        18.9
        18.9
        18.9
        19.2
        19.5
        18.9
        18.5
        18.6
        18.5
        18.3Nonfinancial business
        35.8
        35.8
        35.8
        35.8
        35.8
        34.7
        35.0
        35.1
        35.8
        34.7
        34.9
        34.7
        34.7Major types of credit, by holderRevolving
        1,092.0
        974.6
        1,053.5
        1,212.6
        1,318.8
        1,178.9
        1,224.2
        1,253.8
        1,318.8
        1,277.3
        1,282.7
        1,277.3
        1,280.5Depository institutions
        983.6
        875.3
        944.2
        1,095.7
        1,195.5
        1,064.8
        1,107.3
        1,135.1
        1,195.5
        1,158.7
        1,163.3
        1,158.7
        1,161.5Finance companies
        21.9
        17.1
        24.7
        22.3
        20.8
        20.6
        20.8
        20.4
        20.8
        19.2
        19.7
        19.2
        19.3Credit unions
        66.5
        62.3
        64.7
        74.7
        82.5
        74.6
        77.0
        79.2
        82.5
        80.5
        80.7
        80.5
        80.8Federal government 7
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...Nonprofit and educational institutions 8
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...Nonfinancial business
        20.0
        20.0
        20.0
        20.0
        19.9
        18.9
        19.2
        19.2
        19.9
        18.9
        19.0
        18.9
        18.9Nonrevolving
        3,100.2
        3,210.3
        3,495.0
        3,681.6
        3,704.9
        3,707.8
        3,717.5
        3,709.1
        3,704.9
        3,712.8
        3,722.1
        3,712.8
        3,717.5Depository institutions
        790.5
        812.2
        883.0
        937.1
        921.4
        937.7
        929.7
        930.1
        921.4
        906.6
        916.1
        906.6
        908.3Finance companies
        515.9
        534.3
        670.4
        660.5
        706.4
        665.4
        685.7
        698.3
        706.4
        710.1
        708.4
        710.1
        713.8Credit unions
        431.5
        442.8
        467.4
        562.0
        580.1
        570.3
        576.9
        582.3
        580.1
        573.1
        576.5
        573.1
        574.9Federal government 7
        1,319.2
        1,381.0
        1,436.4
        1,487.3
        1,462.2
        1,499.7
        1,490.1
        1,463.1
        1,462.2
        1,488.6
        1,486.6
        1,488.6
        1,486.4Nonprofit and educational institutions 8
        27.3
        24.1
        22.0
        18.9
        18.9
        18.9
        19.2
        19.5
        18.9
        18.5
        18.6
        18.5
        18.3Nonfinancial business
        15.8
        15.8
        15.8
        15.8
        15.8
        15.9
        15.8
        15.9
        15.8
        15.9
        15.9
        15.9
        15.8MemoStudent Loans 9
        1,637.9
        1,693.9
        1,733.4
        1,764.1
        1,729.3
        1,774.9
        1,761.2
        1,732.6
        1,729.3
        1,751.7
        n.a.
        1,751.7
        n.a.Motor Vehicle Loans 10
        1,184.1
        1,224.4
        1,392.7
        1,499.5
        1,555.3
        1,516.4
        1,535.1
        1,552.3
        1,555.3
        1,552.9
        n.a.
        1,552.9
        n.a.
  Consumer Credit Outstanding (Flows) 1  2023
        20242019
2020
2021
2022r
2023r
Q1r
Q2r
Q3r
Q4r
Q1r
Febr
Marr
AprpTotal
        185.1
        -12.0
        237.8
        345.7
        129.5
        -30.0
        220.0
        85.2
        242.8
        -134.6
        -170.9
        -176.7
        95.7Major holdersDepository institutions
        86.6
        -91.3
        139.7
        205.6
        84.1
        -121.3
        138.0
        112.8
        206.9
        -206.5
        -125.1
        -169.9
        53.8Finance companies
        3.4
        13.7
        17.8
        -12.4
        44.6
        13.3
        81.9
        48.8
        34.3
        8.0
        0.3
        14.1
        45.9Credit unions
        16.8
        7.1
        26.9
        104.7
        25.9
        32.7
        36.0
        30.3
        4.6
        -35.7
        -39.3
        -41.7
        25.4Federal government 7
          83.0
          61.7
          55.4
          51.0
          -25.1
          49.4
          -38.2
          -108.2
          -3.5
          105.7
          -0.2
          24.5
          -27.2Nonprofit and educational institutions 8
        -4.0
        -3.2
        -2.0
        -3.2
        0.1
        0.2
        1.1
        1.1
        -2.2
        -1.9
        -2.2
        -1.3
        -2.0Nonfinancial business
        -0.7
        0.0
        0.0
        0.0
        0.0
        -4.3
        1.1
        0.3
        2.8
        -4.2
        -4.5
        -2.4
        -0.2Major types of credit, by holderRevolving
        38.1
        -122.1
        65.6
        159.1
        106.2
        -134.8
        181.3
        118.5
        259.9
        -166.1
        -106.5
        -64.8
        38.8Depository institutions
        36.4
        -113.0
        68.9
        151.5
        99.8
        -123.6
        170.0
        111.2
        241.8
        -147.3
        -80.3
        -55.5
        33.7Finance companies
        -1.9
        -4.8
        -5.6
        -2.5
        -1.4
        -6.5
        0.6
        -1.4
        1.7
        -6.7
        -6.8
        -6.0
        2.0Credit unions
        4.2
        -4.3
        2.4
        10.0
        7.8
        -0.3
        9.6
        8.6
        13.3
        -7.8
        -15.0
        -1.3
        3.4Federal government 7
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...Nonprofit and educational institutions 8
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...
        ...Nonfinancial business
        -0.5
        0.0
        0.0
        0.0
        0.0
        -4.3
        1.1
        0.1
        3.1
        -4.3
        -4.3
        -2.0
        -0.2Nonrevolving
        147.0
        110.1
        172.2
        186.6
        23.3
        104.7
        38.7
        -33.3
        -17.0
        31.5
        -64.4
        -111.9
        56.8Depository institutions
        50.3
        21.7
        70.8
        54.1
        -15.7
        2.3
        -32.0
        1.6
        -34.9
        -59.2
        -44.7
        -114.3
        20.2Finance companies
        5.2
        18.5
        23.5
        -9.9
        46.0
        19.8
        81.3
        50.2
        32.6
        14.7
        7.2
        20.1
        44.0Credit unions
        12.7
        11.3
        24.6
        94.6
        18.1
        33.0
        26.4
        21.6
        -8.7
        -28.0
        -24.2
        -40.4
        22.0Federal government 7
        83.0
        61.7
        55.4
        51.0
        -25.1
        49.4
        -38.2
        -108.2
        -3.5
        105.7
        -0.2
        24.5
        -27.2Nonprofit and educational institutions 8
        -4.0
        -3.2
        -2.0
        -3.2
        0.1
        0.2
        1.1
        1.1
        -2.2
        -1.9
        -2.2
        -1.3
        -2.0Nonfinancial business
        -0.1
        0.0
        0.0
        0.0
        0.0
        0.1
        0.0
        0.2
        -0.3
        0.1
        -0.3
        -0.5
        -0.1MemoStudent Loans 9
        71.0
        56.0
        39.6
        30.7
        -34.8
        43.4
        -54.7
        -114.7
        -13.3
        89.9
        n.a.
        89.9
        n.a.Motor Vehicle Loans 10
        44.5
        40.3
        90.4
        106.8
        55.8
        67.6
        75.0
        68.7
        12.0
        -9.6
        n.a.
        -9.6
        n.a.
 *This release is generally issued on the fifth business day of each month. See the Statistical Release Schedule for more information. Footnotes Covers most credit extended to individuals, excluding loans secured by real estate. Includes receivables carried on the balance sheet of the institution as well as outstanding balances of pools upon which securities have been issued; under the current accounting rule, most of those balances remain on the balance sheets of the loan originator.

	  The series for consumer credit outstanding and its components may contain breaks that result from discontinuities in source data. Percent changes are adjusted to exclude the effect of such breaks. In addition, percent changes are at a simple annual rate and are calculated from unrounded data.

	  Includes motor vehicle loans and all other loans not included in revolving credit, such as loans for mobile homes, education, boats, trailers, or vacations. These loans may be secured or unsecured.

    Flow data represent changes in the level of credit due to economic and financial activity, and exclude breaks in the data series due to changes in methodology, source data, and other technical aspects of the estimation that could affect the level of credit.

	  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).

	  Covers most of the captive and non-captive finance companies. The series of finance company new car loan terms included in previous releases are discontinued. They remain available from the Data Download Program.

	  Includes student loans originated by the Department of Education under the Federal Direct Loan Program and the Perkins Loan Program, as well as Federal Family Education Program loans that the government purchased under the Ensuring Continued Access to Student Loans Act.

	  Includes student loans originated under the Federal Family Education Loan Program and held by educational institutions and nonprofit organizations.

	  

    

    Includes student loans originated under the Federal Family Education Loan Program and the Direct Loan Program; Perkins loans; and private student loans without government guarantees. This memo item includes loan balances that are not included in the nonrevolving credit balances. For additional information, see public documentation. Data for this memo item are released for each quarter-end month.

	  Includes motor vehicle loans owned and securitized by depository institutions, finance companies, credit unions, and nonfinancial business. Includes loans for passenger cars and other vehicles such as minivans, vans, sport-utility vehicles, pickup trucks, and similar light trucks for personal use. Loans for boats, motorcycles and recreational vehicles are not included. Data for this memo item are released for each quarter-end month. r=revised.  p=preliminary.  n.a.=not available.  ...=not applicable.
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