Level Chart

Basic Info

US Finance Rate on Consumer Installment Loans at Commercial Banks is at 8.51%, compared to 8.30% last quarter and 6.94% last year. This is lower than the long term average of 8.88%.

Stats

Last Value 8.51%
Latest Period Dec 2023
Last Updated Jan 8 2024, 15:02 EST
Next Release Mar 7 2024, 15:00 EST
Long Term Average 8.88%
Average Growth Rate 0.04%
Value from Last Quarter 8.30%
Change from Last Quarter 2.53%
Value from 1 Year Ago 6.94%
Change from 1 Year Ago 22.62%
Frequency Quarterly
Unit Percent
Adjustment Not Seasonally Adjusted
Download Source File Upgrade
Notes New autos 48-month loans

Historical Data

View and export this data back to 1972. Upgrade now.
Date Value
December 31, 2023 8.51%
September 30, 2023 8.30%
June 30, 2023 7.59%
March 31, 2023 7.46%
December 31, 2022 6.94%
September 30, 2022 5.52%
June 30, 2022 5.15%
March 31, 2022 4.87%
December 31, 2021 4.58%
September 30, 2021 5.14%
June 30, 2021 5.28%
March 31, 2021 5.21%
December 31, 2020 4.95%
September 30, 2020 4.98%
June 30, 2020 5.13%
March 31, 2020 5.29%
December 31, 2019 5.45%
September 30, 2019 5.27%
June 30, 2019 5.35%
March 31, 2019 5.50%
December 31, 2018 5.29%
September 30, 2018 5.05%
June 30, 2018 5.05%
March 31, 2018 4.74%
December 31, 2017 4.81%
Date Value
September 30, 2017 4.42%
June 30, 2017 4.67%
March 31, 2017 4.52%
December 31, 2016 4.45%
September 30, 2016 4.25%
June 30, 2016 4.33%
March 31, 2016 4.17%
December 31, 2015 4.00%
September 30, 2015 4.09%
June 30, 2015 4.15%
March 31, 2015 4.53%
December 31, 2014 4.06%
September 30, 2014 4.16%
June 30, 2014 4.50%
March 31, 2014 4.23%
December 31, 2013 4.42%
September 30, 2013 4.46%
June 30, 2013 4.13%
March 31, 2013 4.69%
December 31, 2012 4.82%
September 30, 2012 4.88%
June 30, 2012 4.88%
March 31, 2012 5.07%
December 31, 2011 5.40%
September 30, 2011 5.89%

Basic Info

US Finance Rate on Consumer Installment Loans at Commercial Banks is at 8.51%, compared to 8.30% last quarter and 6.94% last year. This is lower than the long term average of 8.88%.

Stats

Last Value 8.51%
Latest Period Dec 2023
Last Updated Jan 8 2024, 15:02 EST
Next Release Mar 7 2024, 15:00 EST
Long Term Average 8.88%
Average Growth Rate 0.04%
Value from Last Quarter 8.30%
Change from Last Quarter 2.53%
Value from 1 Year Ago 6.94%
Change from 1 Year Ago 22.62%
Frequency Quarterly
Unit Percent
Adjustment Not Seasonally Adjusted
Download Source File Upgrade
Notes New autos 48-month loans