The document summarizes a new survey on installment lending that examined the size, maturities, credit risk, rates, payments, borrower age, and regional variations of installment loans. The survey faced some difficulties in business, legal, and practical areas such as information technology and processing. The findings provide coverage on key aspects of the installment lending market that is sometimes overlooked despite ongoing debates about the implications of credit use and rate regulations.

1. Installment Lending Survey
Thomas A. Durkin

2. Background
• Installment Lending Sometimes Overlooked
• Rate Ceilings: The Oldest Running Controversy
• Regulations Have Implications
• Still Arguments Whether Credit Use Good or Bad

3. New Survey of Installment Loans
• Coverage
• Some Project Difficulties
– Business
– Legal
– Practical (I. T. and Processing)
• Some Limitations

4. Findings
• Size
• Maturities
• Credit Risk
• Rates
• Payments
• Borrower Age
• Variation By Location

8. Installment Lending Survey
Thomas A. Durkin