<ARTICLE> 5
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               MAR-31-1996
<EXCHANGE-RATE>                                      1
<CASH>                                           6,984
<SECURITIES>                                         0
<RECEIVABLES>                                  152,710
<ALLOWANCES>                                     4,857
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                           1,459
<DEPRECIATION>                                     468
<TOTAL-ASSETS>                                 139,958
<CURRENT-LIABILITIES>                                0
<BONDS>                                         43,580
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            48
<OTHER-SE>                                      33,463
<TOTAL-LIABILITY-AND-EQUITY>                   139,958
<SALES>                                              0
<TOTAL-REVENUES>                                 3,856
<CGS>                                                0
<TOTAL-COSTS>                                    1,647
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                   348
<INTEREST-EXPENSE>                               1,609
<INCOME-PRETAX>                                    252
<INCOME-TAX>                                       100
<INCOME-CONTINUING>                                152
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       152
<EPS-PRIMARY>                                      .04
<EPS-DILUTED>                                      .04