How to Read the Fed's G.20 Finance Companies Release — Consumer, Real Estate and Business Receivables

As of 25 October 2026 (KST); latest release: Finance Companies (G.20), released by the Federal Reserve Board on September 24, 2026, with data for July 2026. On timing, the release dates page says: "These data are released monthly. The exact date and time may be obtained by calling 202-452-3206." It shows no date for the next release. Primary sources: https://www.federalreserve.gov/releases/g20/current/default.htm and https://www.federalreserve.gov/releases/g20/about.htm^[1][3]

Comparison basis: the release shows monthly values only for May to July 2026, so July 2025 is not in it; the year-ago column compares the second quarters of 2026 and 2025 as shown. Levels are published to one decimal; changes are this page's calculations from those rounded levels, while the published percent changes are calculated from unrounded data. "Components may not add to totals because of rounding." July 2026 is preliminary and May and June are revised. All three documents are Federal Reserve Board publications and count as one issuer record.^[1][2]

In three lines

1. The G.20 measures receivables owned or securitized by U.S. finance companies: consumer (mainly auto loans and leases), real estate and business credit.
2. Seasonally adjusted receivables were $1,960.0 billion in July 2026 (preliminary), $1.3 billion below June, with business receivables up and consumer and real estate receivables down from June to July.
3. Percent changes are simple annual rates, calculated as the period's flow divided by the previous level.^[1][2]

Scope. "Includes finance company subsidiaries of bank holding companies, but not of retailers and banks." "Owned receivables are those carried on the balance sheet of the institution. Managed receivables are outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator." "Data are shown before deductions for unearned income and losses."^[1]

Breaks and flows. "The series may contain breaks that result from discontinuities in source data. Growth rates 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." "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."^[1]

Percent changes. "The percent change in a given period is calculated as the flow of receivables in the current period divided by the level in the previous period. Percent changes and levels are calculated from unrounded data."^[2]

Data sources. As described on the About page (last updated October 03, 2018): "Every five years since 1955, the Federal Reserve has conducted the Finance Company Survey (FR 3033s), which is sent to a stratified random sample of finance and mortgage companies." "In the most recent survey, the Board surveyed roughly 2,400 finance companies to collect balance sheet data as of December 2010." On monthly indicator data, the same page says: "The Board is currently authorized to survey 70 companies each month; because of consolidation and attrition, the current reporting panel as of November 2011 consists of a random sample of about 50 companies." These statements are dated by that page and are not described here as the current panel or the latest survey.^[2]

Categories. Business motor vehicle wholesale loans are "Credit arising from transactions between manufacturers and dealers, that is, floor plan financing." The consumer "other" category "Includes student loans, personal cash loans, mobile home loans, and loans to purchase other types of consumer goods such as appliances, apparel, boats, and recreation vehicles."^[1]

Business vs consumer receivables. In seasonally adjusted terms business receivables rose from $713.5 billion in Q2 2025 to $723.1 billion in Q2 2026, while consumer receivables fell from $934.8 billion to $921.4 billion (published levels; changes are this page's calculation). In July 2026 business receivables were $724.1 billion, about 36.9% of the total (this page's calculation).^[1]

Seasonally adjusted vs not. Total receivables were $1,960.0 billion seasonally adjusted and $1,945.3 billion not seasonally adjusted in July 2026. The seasonally adjusted business flow was +11.4 (annual rate) while the not seasonally adjusted business flow was -151.5, with wholesale loans at -56.1 and other business receivables at -89.6 (published values).^[1]

Monthly vs quarterly. The total percent change was 7.7 in May, -3.4 in June and -0.8 in July 2026 (simple annual rates), against 0.3 for the second quarter of 2026.^[1]

New vs used car loan terms. In Q2 2026 finance company new car loans carried a 6.3% interest rate, 67-month maturity and $41,705 financed on average; used car loans 15.9%, 66 months and $24,958 (not seasonally adjusted). The auto terms "Covers most of the captive and non-captive finance companies." Monthly values are n.a. for May and July 2026.^[1]

Rebuilding the July percent change. The July total flow of -15.8 (annual rate) divided by June's level of $1,961.3 billion gives about -0.81%, consistent with the published -0.8 (this page's calculation from rounded figures; the Fed calculates from unrounded data).^[1][2]

Components vs total. Consumer ($920.1 billion), real estate ($315.8 billion) and business ($724.1 billion) add to $1,960.0 billion in July 2026, equal to the published total.^[1]

Revised and preliminary months. The table marks the first and second quarters of 2026 and May and June 2026 as revised and July 2026 as preliminary: "r=revised. p=preliminary. n.a.=not available."^[1]