US Finance Rate on Consumer Installment Loans at Commercial Banks (I:USFRCILC)
7.47% for Q2 2026
Level Chart
Basic Info
|
US Finance Rate on Consumer Installment Loans at Commercial Banks is at 7.47%, compared to 7.37% last quarter and 7.63% last year. This is lower than the long term average of 8.84%. |
| Report | G.19 Consumer Credit |
| Category | Consumer & Household Statistics |
| Region | United States |
| Source | Federal Reserve |
Stats
| Last Value | 7.47% |
| Latest Period | Jun 2026 |
| Last Updated | Jul 8 2026, 15:03 EDT |
| Next Release | Oct 1 2026, 15:00 EDT |
| Long Term Average | 8.84% |
| Average Growth Rate | -0.19% |
| Value from Last Quarter | 7.37% |
| Change from Last Quarter | 1.36% |
| Value from 1 Year Ago | 7.63% |
| Change from 1 Year Ago | -2.10% |
| Frequency | Quarterly |
| Unit | Percent |
| Adjustment | Not Seasonally Adjusted |
| Download Source File | |
| Notes | New autos 48-month loans |
Historical Data
| Date | Value |
|---|---|
| June 30, 2026 | 7.47% |
| March 31, 2026 | 7.37% |
| December 31, 2025 | 7.62% |
| September 30, 2025 | 7.51% |
| June 30, 2025 | 7.63% |
| March 31, 2025 | 7.71% |
| December 31, 2024 | 8.12% |
| September 30, 2024 | 8.63% |
| June 30, 2024 | 8.65% |
| March 31, 2024 | 8.57% |
| 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% |
| Date | Value |
|---|---|
| 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% |
| 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% |
News
Headline
Time (ET)
Basic Info
|
US Finance Rate on Consumer Installment Loans at Commercial Banks is at 7.47%, compared to 7.37% last quarter and 7.63% last year. This is lower than the long term average of 8.84%. |
| Report | G.19 Consumer Credit |
| Category | Consumer & Household Statistics |
| Region | United States |
| Source | Federal Reserve |
Stats
| Last Value | 7.47% |
| Latest Period | Jun 2026 |
| Last Updated | Jul 8 2026, 15:03 EDT |
| Next Release | Oct 1 2026, 15:00 EDT |
| Long Term Average | 8.84% |
| Average Growth Rate | -0.19% |
| Value from Last Quarter | 7.37% |
| Change from Last Quarter | 1.36% |
| Value from 1 Year Ago | 7.63% |
| Change from 1 Year Ago | -2.10% |
| Frequency | Quarterly |
| Unit | Percent |
| Adjustment | Not Seasonally Adjusted |
| Download Source File | |
| Notes | New autos 48-month loans |