1.Go to the Federal Reserve Web site, http://www.federalreserve.gov. Click on the Data tab, and go to the "Consumer Credit - G.19" link under the "Household Finance" (last column).

.Find average interest rates charged by commercial banks on new automobile loans, personal loans, and credit card plans.

a.Compare the average level of interest rates among the three types of loans (use the 2017 data under the year column):

After comparing the interest on all the loans, the CC interest rates surpass the others.

b.Click on the Data tab, and go to the "Consumer Credit - G.19" link (same data as in letter a), and compare trends in the cost of consumer credit provided by commercial banks over the past three years (2015-2017).