FRED Graph

Source: Bankrate, LLC  

Release: Bankrate Monitor (BRM) National Index

Units:  Percent, Not Seasonally Adjusted

Frequency:  Weekly, As of Thursday

This series represents the national average interest rate for unsecured personal loans.

The Bankrate Monitor (BRM) National Index is a weekly index that tracks interest rate trends for a range of financial products including deposit accounts, loans, mortgages and credit cards. The interest rates that comprise the index are collected by Bankrate’s market analysis team each week, using a consistent methodology as far back as the early 1980s. The index is intended to offer consumers an apples to apples view of interest rate trends over time. The Bankrate market analysis team conducts a weekly survey of the 10 largest institutions (a combination of banks and thrifts) in the same 10 large US markets each week. The rates are calculated as an average, with bank and thrift rates weighted equally to account for the difference between bank and thrift rates for the same financial products, in the same markets. For the BRM 3-year unsecured personal loan rates, rates are collected as defined above based on no existing relationship or automatic payments. The customer profile also includes: 700 FICO, $5K loan amount, 3-year repayment plan. Copyright Bankrate, LLC. Bankrate Unsecured personal loan rate

Source: Board of Governors of the Federal Reserve System (US)  

Release: G.19 Consumer Credit  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Monthly

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