<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 3,477 <SECURITIES> 0 <RECEIVABLES> 328,650 <ALLOWANCES> 10,831 <INVENTORY> 0 <CURRENT-ASSETS> 281,467 <PP&E> 15,831 <DEPRECIATION> 4,043 <TOTAL-ASSETS> 297,883 <CURRENT-LIABILITIES> 9,712 <BONDS> 255,393 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 48 <OTHER-SE> 29,319 <TOTAL-LIABILITY-AND-EQUITY> 297,883 <SALES> 20,851 <TOTAL-REVENUES> 23,047 <CGS> 0 <TOTAL-COSTS> 7,599 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 2,680 <INTEREST-EXPENSE> 8,571 <INCOME-PRETAX> 4,197 <INCOME-TAX> 766 <INCOME-CONTINUING> 1,235 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,431 <EPS-PRIMARY> .85 <EPS-DILUTED> .85