Other Consumer Loans Owned by Finance Companies, Level
This dataset tracks other consumer loans owned by finance companies, level over time.
Latest Value
160459.23
Year-over-Year Change
-6.23%
Date Range
1/1/1943 - 5/1/2025
Summary
This economic trend measures the level of other consumer loans owned by finance companies in the United States. It is an important indicator of consumer credit conditions and a key input for economists and policymakers in assessing the overall state of the economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Other Consumer Loans Owned by Finance Companies' series tracks the outstanding balance of non-mortgage consumer loans held by finance companies, excluding auto loans and student loans. This metric provides insight into the availability of consumer credit and spending patterns across the broader economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve through surveys of finance companies.
Historical Context
This trend is closely monitored by economists, lenders, and policymakers to gauge consumer confidence and spending power.
Key Facts
- Other consumer loans exclude auto and student loans.
- This metric tracks outstanding balances, not new lending activity.
- Finance companies are non-bank institutions that provide consumer credit.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total level of non-mortgage consumer loans owned by finance companies in the United States, excluding auto loans and student loans.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the availability of consumer credit and spending power, which is a key indicator of economic conditions and consumer confidence.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of finance companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess consumer credit conditions and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months. There may be limitations in capturing all finance company lending activity.
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Citation
U.S. Federal Reserve, Other Consumer Loans Owned by Finance Companies, Level (DTCOLNOHFNM), retrieved from FRED.