{
  "name": "Show Real Cost: average loan rates",
  "source": "Federal Reserve G.19 Consumer Credit release, terms of credit at commercial banks, via FRED",
  "sourceUrl": "https://www.federalreserve.gov/releases/g19/current/",
  "fetched": "2026-10-03",
  "note": "Averages across commercial banks, not offers from any lender. Interest rates, not APRs; fees are not included. Educational, not advice.",
  "page": "https://www.showrealcost.com/rates",
  "changes": "https://www.showrealcost.com/rates/changes",
  "method": "https://www.showrealcost.com/methods/rates",
  "latestPeriod": "second quarter of 2026",
  "rates": [
    {
      "id": "personal-loan",
      "name": "24-month personal loan",
      "measures": "the average rate commercial banks charged on 24-month personal loans",
      "fredSeries": "TERMCBPER24NS",
      "url": "https://www.showrealcost.com/rates/personal-loan",
      "latest": {
        "date": "2026-05-01",
        "period": "second quarter of 2026",
        "ratePct": 11.86
      },
      "changeFromPreviousQuarter": {
        "points": 0.5,
        "fromPct": 11.36,
        "fromPeriod": "first quarter of 2026"
      },
      "changeFromYearEarlier": {
        "points": 0.29,
        "fromPct": 11.57,
        "fromPeriod": "second quarter of 2025"
      },
      "example": {
        "amount": 8000,
        "months": 24,
        "payment": 376.06,
        "interest": 1025.56
      },
      "history": [
        {
          "date": "2020-08-01",
          "period": "Q3 2020",
          "ratePct": 9.26
        },
        {
          "date": "2020-11-01",
          "period": "Q4 2020",
          "ratePct": 9.65
        },
        {
          "date": "2021-02-01",
          "period": "Q1 2021",
          "ratePct": 9.46
        },
        {
          "date": "2021-05-01",
          "period": "Q2 2021",
          "ratePct": 9.58
        },
        {
          "date": "2021-08-01",
          "period": "Q3 2021",
          "ratePct": 9.39
        },
        {
          "date": "2021-11-01",
          "period": "Q4 2021",
          "ratePct": 9.09
        },
        {
          "date": "2022-02-01",
          "period": "Q1 2022",
          "ratePct": 9.39
        },
        {
          "date": "2022-05-01",
          "period": "Q2 2022",
          "ratePct": 8.73
        },
        {
          "date": "2022-08-01",
          "period": "Q3 2022",
          "ratePct": 10.16
        },
        {
          "date": "2022-11-01",
          "period": "Q4 2022",
          "ratePct": 11.21
        },
        {
          "date": "2023-02-01",
          "period": "Q1 2023",
          "ratePct": 11.48
        },
        {
          "date": "2023-05-01",
          "period": "Q2 2023",
          "ratePct": 11.48
        },
        {
          "date": "2023-08-01",
          "period": "Q3 2023",
          "ratePct": 12.17
        },
        {
          "date": "2023-11-01",
          "period": "Q4 2023",
          "ratePct": 12.35
        },
        {
          "date": "2024-02-01",
          "period": "Q1 2024",
          "ratePct": 12.49
        },
        {
          "date": "2024-05-01",
          "period": "Q2 2024",
          "ratePct": 11.92
        },
        {
          "date": "2024-08-01",
          "period": "Q3 2024",
          "ratePct": 12.33
        },
        {
          "date": "2024-11-01",
          "period": "Q4 2024",
          "ratePct": 12.32
        },
        {
          "date": "2025-02-01",
          "period": "Q1 2025",
          "ratePct": 11.66
        },
        {
          "date": "2025-05-01",
          "period": "Q2 2025",
          "ratePct": 11.57
        },
        {
          "date": "2025-08-01",
          "period": "Q3 2025",
          "ratePct": 11.14
        },
        {
          "date": "2025-11-01",
          "period": "Q4 2025",
          "ratePct": 11.63
        },
        {
          "date": "2026-02-01",
          "period": "Q1 2026",
          "ratePct": 11.36
        },
        {
          "date": "2026-05-01",
          "period": "Q2 2026",
          "ratePct": 11.86
        }
      ]
    },
    {
      "id": "new-car-loan-60-months",
      "name": "60-month new car loan",
      "measures": "the average rate commercial banks charged on 60-month loans for new cars",
      "fredSeries": "RIFLPBCIANM60NM",
      "url": "https://www.showrealcost.com/rates/new-car-loan-60-months",
      "latest": {
        "date": "2026-05-01",
        "period": "second quarter of 2026",
        "ratePct": 7.14
      },
      "changeFromPreviousQuarter": {
        "points": -0.39,
        "fromPct": 7.53,
        "fromPeriod": "first quarter of 2026"
      },
      "changeFromYearEarlier": {
        "points": -0.53,
        "fromPct": 7.67,
        "fromPeriod": "second quarter of 2025"
      },
      "example": {
        "amount": 25000,
        "months": 60,
        "payment": 496.68,
        "interest": 4800.98
      },
      "history": [
        {
          "date": "2020-08-01",
          "period": "Q3 2020",
          "ratePct": 4.98
        },
        {
          "date": "2020-11-01",
          "period": "Q4 2020",
          "ratePct": 4.8
        },
        {
          "date": "2021-02-01",
          "period": "Q1 2021",
          "ratePct": 4.96
        },
        {
          "date": "2021-05-01",
          "period": "Q2 2021",
          "ratePct": 5.05
        },
        {
          "date": "2021-08-01",
          "period": "Q3 2021",
          "ratePct": 4.6
        },
        {
          "date": "2021-11-01",
          "period": "Q4 2021",
          "ratePct": 4.67
        },
        {
          "date": "2022-02-01",
          "period": "Q1 2022",
          "ratePct": 4.52
        },
        {
          "date": "2022-05-01",
          "period": "Q2 2022",
          "ratePct": 4.85
        },
        {
          "date": "2022-08-01",
          "period": "Q3 2022",
          "ratePct": 5.5
        },
        {
          "date": "2022-11-01",
          "period": "Q4 2022",
          "ratePct": 6.55
        },
        {
          "date": "2023-02-01",
          "period": "Q1 2023",
          "ratePct": 7.48
        },
        {
          "date": "2023-05-01",
          "period": "Q2 2023",
          "ratePct": 7.81
        },
        {
          "date": "2023-08-01",
          "period": "Q3 2023",
          "ratePct": 7.88
        },
        {
          "date": "2023-11-01",
          "period": "Q4 2023",
          "ratePct": 8.15
        },
        {
          "date": "2024-02-01",
          "period": "Q1 2024",
          "ratePct": 8.22
        },
        {
          "date": "2024-05-01",
          "period": "Q2 2024",
          "ratePct": 8.2
        },
        {
          "date": "2024-08-01",
          "period": "Q3 2024",
          "ratePct": 8.4
        },
        {
          "date": "2024-11-01",
          "period": "Q4 2024",
          "ratePct": 7.82
        },
        {
          "date": "2025-02-01",
          "period": "Q1 2025",
          "ratePct": 8.04
        },
        {
          "date": "2025-05-01",
          "period": "Q2 2025",
          "ratePct": 7.67
        },
        {
          "date": "2025-08-01",
          "period": "Q3 2025",
          "ratePct": 7.64
        },
        {
          "date": "2025-11-01",
          "period": "Q4 2025",
          "ratePct": 7.24
        },
        {
          "date": "2026-02-01",
          "period": "Q1 2026",
          "ratePct": 7.53
        },
        {
          "date": "2026-05-01",
          "period": "Q2 2026",
          "ratePct": 7.14
        }
      ]
    },
    {
      "id": "new-car-loan-72-months",
      "name": "72-month new car loan",
      "measures": "the average rate commercial banks charged on 72-month loans for new cars",
      "fredSeries": "RIFLPBCIANM72NM",
      "url": "https://www.showrealcost.com/rates/new-car-loan-72-months",
      "latest": {
        "date": "2026-05-01",
        "period": "second quarter of 2026",
        "ratePct": 6.97
      },
      "changeFromPreviousQuarter": {
        "points": -0.56,
        "fromPct": 7.53,
        "fromPeriod": "first quarter of 2026"
      },
      "changeFromYearEarlier": {
        "points": -0.76,
        "fromPct": 7.73,
        "fromPeriod": "second quarter of 2025"
      },
      "example": {
        "amount": 35000,
        "months": 72,
        "payment": 596.21,
        "interest": 7927.2
      },
      "history": [
        {
          "date": "2020-08-01",
          "period": "Q3 2020",
          "ratePct": 5.19
        },
        {
          "date": "2020-11-01",
          "period": "Q4 2020",
          "ratePct": 5.11
        },
        {
          "date": "2021-02-01",
          "period": "Q1 2021",
          "ratePct": 4.91
        },
        {
          "date": "2021-05-01",
          "period": "Q2 2021",
          "ratePct": 4.77
        },
        {
          "date": "2021-08-01",
          "period": "Q3 2021",
          "ratePct": 4.97
        },
        {
          "date": "2021-11-01",
          "period": "Q4 2021",
          "ratePct": 4.64
        },
        {
          "date": "2022-02-01",
          "period": "Q1 2022",
          "ratePct": 4.54
        },
        {
          "date": "2022-05-01",
          "period": "Q2 2022",
          "ratePct": 5.19
        },
        {
          "date": "2022-08-01",
          "period": "Q3 2022",
          "ratePct": 5.61
        },
        {
          "date": "2022-11-01",
          "period": "Q4 2022",
          "ratePct": 6.64
        },
        {
          "date": "2023-02-01",
          "period": "Q1 2023",
          "ratePct": 6.97
        },
        {
          "date": "2023-05-01",
          "period": "Q2 2023",
          "ratePct": 7.8
        },
        {
          "date": "2023-08-01",
          "period": "Q3 2023",
          "ratePct": 8.12
        },
        {
          "date": "2023-11-01",
          "period": "Q4 2023",
          "ratePct": 8.67
        },
        {
          "date": "2024-02-01",
          "period": "Q1 2024",
          "ratePct": 8.41
        },
        {
          "date": "2024-05-01",
          "period": "Q2 2024",
          "ratePct": 8.32
        },
        {
          "date": "2024-08-01",
          "period": "Q3 2024",
          "ratePct": 8.76
        },
        {
          "date": "2024-11-01",
          "period": "Q4 2024",
          "ratePct": 7.67
        },
        {
          "date": "2025-02-01",
          "period": "Q1 2025",
          "ratePct": 8.16
        },
        {
          "date": "2025-05-01",
          "period": "Q2 2025",
          "ratePct": 7.73
        },
        {
          "date": "2025-08-01",
          "period": "Q3 2025",
          "ratePct": 7.8
        },
        {
          "date": "2025-11-01",
          "period": "Q4 2025",
          "ratePct": 7.5
        },
        {
          "date": "2026-02-01",
          "period": "Q1 2026",
          "ratePct": 7.53
        },
        {
          "date": "2026-05-01",
          "period": "Q2 2026",
          "ratePct": 6.97
        }
      ]
    },
    {
      "id": "credit-card",
      "name": "Credit card",
      "measures": "the average rate on bank credit card accounts that were charged interest",
      "fredSeries": "TERMCBCCINTNS",
      "url": "https://www.showrealcost.com/rates/credit-card",
      "latest": {
        "date": "2026-05-01",
        "period": "second quarter of 2026",
        "ratePct": 22.15
      },
      "changeFromPreviousQuarter": {
        "points": 0.63,
        "fromPct": 21.52,
        "fromPeriod": "first quarter of 2026"
      },
      "changeFromYearEarlier": {
        "points": -0.1,
        "fromPct": 22.25,
        "fromPeriod": "second quarter of 2025"
      },
      "example": {
        "amount": 4000,
        "months": 36,
        "payment": 153.07,
        "interest": 1510.61
      },
      "history": [
        {
          "date": "2020-08-01",
          "period": "Q3 2020",
          "ratePct": 16.43
        },
        {
          "date": "2020-11-01",
          "period": "Q4 2020",
          "ratePct": 16.28
        },
        {
          "date": "2021-02-01",
          "period": "Q1 2021",
          "ratePct": 15.91
        },
        {
          "date": "2021-05-01",
          "period": "Q2 2021",
          "ratePct": 16.3
        },
        {
          "date": "2021-08-01",
          "period": "Q3 2021",
          "ratePct": 17.13
        },
        {
          "date": "2021-11-01",
          "period": "Q4 2021",
          "ratePct": 16.44
        },
        {
          "date": "2022-02-01",
          "period": "Q1 2022",
          "ratePct": 16.17
        },
        {
          "date": "2022-05-01",
          "period": "Q2 2022",
          "ratePct": 16.65
        },
        {
          "date": "2022-08-01",
          "period": "Q3 2022",
          "ratePct": 18.43
        },
        {
          "date": "2022-11-01",
          "period": "Q4 2022",
          "ratePct": 20.4
        },
        {
          "date": "2023-02-01",
          "period": "Q1 2023",
          "ratePct": 20.92
        },
        {
          "date": "2023-05-01",
          "period": "Q2 2023",
          "ratePct": 22.16
        },
        {
          "date": "2023-08-01",
          "period": "Q3 2023",
          "ratePct": 22.77
        },
        {
          "date": "2023-11-01",
          "period": "Q4 2023",
          "ratePct": 22.75
        },
        {
          "date": "2024-02-01",
          "period": "Q1 2024",
          "ratePct": 22.63
        },
        {
          "date": "2024-05-01",
          "period": "Q2 2024",
          "ratePct": 22.78
        },
        {
          "date": "2024-08-01",
          "period": "Q3 2024",
          "ratePct": 23.37
        },
        {
          "date": "2024-11-01",
          "period": "Q4 2024",
          "ratePct": 22.8
        },
        {
          "date": "2025-02-01",
          "period": "Q1 2025",
          "ratePct": 21.91
        },
        {
          "date": "2025-05-01",
          "period": "Q2 2025",
          "ratePct": 22.25
        },
        {
          "date": "2025-08-01",
          "period": "Q3 2025",
          "ratePct": 22.83
        },
        {
          "date": "2025-11-01",
          "period": "Q4 2025",
          "ratePct": 22.3
        },
        {
          "date": "2026-02-01",
          "period": "Q1 2026",
          "ratePct": 21.52
        },
        {
          "date": "2026-05-01",
          "period": "Q2 2026",
          "ratePct": 22.15
        }
      ]
    }
  ]
}