<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS INFORMATION EXTRACTED FROM THE SECOND QUARTER 10-QSB AND
THE YEAR ENDED 1994 10-KSB AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000852220
<NAME> ALLSTATE FINANCIAL CORP
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                         1209183
<SECURITIES>                                         0
<RECEIVABLES>                                 30318991
<ALLOWANCES>                                   2898870
<INVENTORY>                                          0
<CURRENT-ASSETS>                              33353305
<PP&E>                                         1283607
<DEPRECIATION>                                  735448
<TOTAL-ASSETS>                                36282517
<CURRENT-LIABILITIES>                          7473893
<BONDS>                                              0
<COMMON>                                         40000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                    28702726
<TOTAL-LIABILITY-AND-EQUITY>                  36282517
<SALES>                                              0
<TOTAL-REVENUES>                               6354450
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               3034263
<LOSS-PROVISION>                               1911600
<INTEREST-EXPENSE>                              424526
<INCOME-PRETAX>                                 984061
<INCOME-TAX>                                    362500
<INCOME-CONTINUING>                             621561
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    621561
<EPS-PRIMARY>                                      .20
<EPS-DILUTED>                                      .20