Reporting Form FR 2835a Quarterly Report of Credit Card Interest Rates

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Reporting Form

FR 2835a Quarterly Report of Credit Card Interest Rates

Description:

This report collects information on two measures of credit card interest rates. One measure is the average nominal finance rate for all accounts. The other -- average computed interest rates -- is derived from two items: total finance charges assessed to cardholders during the period and the total of balances on which the finance charges were determined. Also, the reporting form asks for total number of accounts and total balances for all accounts.

Subjects:

Consumer Credit

Audiences:

Commercial Banks

Form and Instructions: Offsite

Current and historical versions of this form and their instructions are maintained on the Board of Governors' website in PDF format.

Publication:

Aggregate data are published in the monthly Consumer Credit (G.19) Offsite

statistical release.

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