WASHINGTON, D.C. — According to the Federal Reserve, consumer credit increased at an annual rate of 7.5 percent in November.

Meanwhile, revolving credit increased at an annual rate of 11.25 percent and non-revolving credit increased at an annual rate of 5 percent.

More specifically, the average interest rate for new-car loans at auto finance companies averaged 4.20 percent in November, compared to 4.11 percent in October and 4.48 percent in September.

As for median maturity at auto finance companies, it came in at 63.1 months in November, as opposed to 63.7 percent in October and 62.9 percent in September.

The average maturity appears to be creeping up from its most recent low of 59.2 percent in the second quarter.

Continuing on, the loan-to-value metric was 95 in November, compared with 95 in October and 96 in September.

Additionally, the average amount financed was $29,419 for November, down slightly from $30,738 in October, but up from $28,908 in September.

Finally, looking at the average interest rate for a 48-month new-car loan at commercial banks, the Federal Reserve found it was 8.41 percent in November. The last available statistic was in the third quarter, when the median interest rate was 7.82 percent.

In the second quarter, the average APR was 7.92 percent.