Consumer Credit Outstanding1
Updated August 5, 2020 |
Infoplease Staff
Find data below on outstanding consumer credit from 1975 through 2007. The amounts below are in billions of dollars
Total | Commercial banks | Finance companies | Credit unions | Federal government and Sallie Mae | Savings institutions | Nonfinancial business | Pools of securitized assets2 | |
---|---|---|---|---|---|---|---|---|
1975 | $168.7 | $82.9 | $32.7 | $25.7 | n.a | n.a. | n.a. | n.a. |
1980 | 302.1 | 147.0 | 62.3 | 44.0 | n.a | n.a. | n.a. | n.a. |
1985 | 526.3 | 245.1 | 111.7 | 72.7 | n.a | n.a. | n.a. | n.a. |
1990 | 751.9 | 347.1 | 133.3 | 93.1 | n.a | n.a. | n.a. | n.a. |
1995 | 1,122.8 | 502.0 | 152.1 | 131.9 | n.a | $40.1 | $85.1 | $211.6 |
1996 | 1,211.6 | 526.8 | 152.4 | 144.1 | n.a | 44.7 | 77.7 | 265.8 |
1997 | 1,264.1 | 512.6 | 160.0 | 152.4 | n.a | 47.2 | 78.9 | 313.1 |
1998 | 1,331.7 | 508.9 | 168.5 | 155.4 | n.a | 51.6 | 74.9 | 372.4 |
1999 | 1,426.2 | 499.8 | 181.6 | 167.9 | n.a | 61.5 | 80.3 | 435.1 |
2000 | 1,566.5 | 541.5 | 193.2 | 184.4 | $104.0 | 64.6 | 82.7 | 500.1 |
2001 | 1,869.0 | 568.4 | 238.1 | 189.6 | 119.5 | 71.1 | 75.6 | 606.6 |
2002 | 1,952.7 | 602.6 | 237.8 | 195.7 | 129.6 | 68.7 | 77.5 | 640.8 |
2003 | 2,034.4 | 669.4 | 295.4 | 205.9 | 114.7 | 77.9 | 63.3 | 607.9 |
2004 | 2,120.6 | 704.3 | 366.8 | 215.4 | 98.4 | 91.3 | 64.7 | 579.8 |
2005 | 2,313.9 | 707.0 | 516.5 | 228.6 | 89.8 | 109.1 | 58.8 | 604.0 |
2006 | 2,418.3 | 741.2 | 534.4 | 234.5 | 91.7 | 95.5 | 56.8 | 664.2 |
2007 | 2,554.3 | 804.1 | 583.9 | 235.7 | 98.4 | 90.8 | 55.2 | 686.2 |
1. Covers most short- and intermediate-term credit extended to individuals, excluding loans secured by real estate.
2. Outstanding balances of pools on which securities have been issued; these balances are no longer carried on the balance sheets of the loan originators. n.a. = not available.
Source: Federal Reserve Board. Web /node/4649.
Median Income of Households by Selected Characteristics, 2005 | Poverty and Income | Poverty in the United States |