<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                          11,122
<SECURITIES>                                         0
<RECEIVABLES>                                  278,797
<ALLOWANCES>                                     5,617
<INVENTORY>                                          0
<CURRENT-ASSETS>                               237,386
<PP&E>                                           2,725
<DEPRECIATION>                                   1,271
<TOTAL-ASSETS>                                 244,645
<CURRENT-LIABILITIES>                           44,241
<BONDS>                                        156,592
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            49
<OTHER-SE>                                      35,408
<TOTAL-LIABILITY-AND-EQUITY>                   244,645
<SALES>                                              0
<TOTAL-REVENUES>                                 8,018
<CGS>                                                0
<TOTAL-COSTS>                                    3,315
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                   584
<INTEREST-EXPENSE>                               3,412
<INCOME-PRETAX>                                    735
<INCOME-TAX>                                       325
<INCOME-CONTINUING>                                410
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       410
<EPS-PRIMARY>                                      .11
<EPS-DILUTED>                                      .10