<ARTICLE>                     5
<LEGEND>
     Note: This schedule  contains summary financial  information extracted from
the Form  10-Q for  the Quarter  Ended  March 31, 1999  and is  qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK>                         0001027574
<NAME>                        Outsourcing Solutions Inc. and Subsidiaries
<MULTIPLIER>                                   1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 JAN-01-1999
<PERIOD-END>                                   MAR-31-1999
<CASH>                                              41,932
<SECURITIES>                                             0
<RECEIVABLES>                                       44,726
<ALLOWANCES>                                         1,002
<INVENTORY>                                         33,418
<CURRENT-ASSETS>                                   131,519
<PP&E>                                              68,582
<DEPRECIATION>                                      28,732
<TOTAL-ASSETS>                                     622,051
<CURRENT-LIABILITIES>                              125,640
<BONDS>                                                  0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                         13,159
<COMMON>                                                53
<OTHER-SE>                                               0
<TOTAL-LIABILITY-AND-EQUITY>                       622,051
<SALES>                                                  0
<TOTAL-REVENUES>                                   129,247
<CGS>                                                    0
<TOTAL-COSTS>                                      120,160
<OTHER-EXPENSES>                                        76
<LOSS-PROVISION>                                         0
<INTEREST-EXPENSE>                                  12,565
<INCOME-PRETAX>                                     (3,554)
<INCOME-TAX>                                             0
<INCOME-CONTINUING>                                 (3,554)
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                        (3,544)
<EPS-PRIMARY>                                            0
<EPS-DILUTED>                                            0