<TABLE> <S> <C>

<ARTICLE>                                           9
<CIK>                                               0001021061
<MULTIPLIER>                                                 1,000
<NAME>                                              Metris Companies Inc.

<S>                                                 <C>
<PERIOD-TYPE>                                       6-mos
<FISCAL-YEAR-END>                                   Dec-31-1999
<PERIOD-END>                                        Jun-30-1999
<CASH>                                                      23,035
<INT-BEARING-DEPOSITS>                                           0
<FED-FUNDS-SOLD>                                            50,148
<TRADING-ASSETS>                                                 0
<INVESTMENTS-HELD-FOR-SALE>                                      0
<INVESTMENTS-CARRYING>                                           0
<INVESTMENTS-MARKET>                                             0
<LOANS>                                                  1,148,319
<ALLOWANCE>                                                475,028
<TOTAL-ASSETS>                                           1,338,700
<DEPOSITS>                                                 315,373
<SHORT-TERM>                                                39,000
<LIABILITIES-OTHER>                                        225,240
<LONG-TERM>                                                200,893
<PREFERRED-MANDATORY>                                            0
<PREFERRED>                                                315,377
<COMMON>                                                       386
<OTHER-SE>                                                 242,431
<TOTAL-LIABILITIES-AND-EQUITY>                           1,338,700
<INTEREST-LOAN>                                             82,112
<INTEREST-INVEST>                                            2,475
<INTEREST-OTHER>                                               812
<INTEREST-TOTAL>                                            85,399
<INTEREST-DEPOSIT>                                           2,624
<INTEREST-EXPENSE>                                          19,436
<INTEREST-INCOME-NET>                                       85,399
<LOAN-LOSSES>                                               55,073
<SECURITIES-GAINS>                                               0
<EXPENSE-OTHER>                                            200,461
<INCOME-PRETAX>                                             83,155
<INCOME-PRE-EXTRAORDINARY>                                  50,142
<EXTRAORDINARY>                                             50,808
<CHANGES>                                                        0
<NET-INCOME>                                                  (666)
<EPS-BASIC>                                                (2.91)
<EPS-DILUTED>                                                (2.91)
<YIELD-ACTUAL>                                               17.60
<LOANS-NON>                                                      0
<LOANS-PAST>                                               201,168
<LOANS-TROUBLED>                                                 0
<LOANS-PROBLEM>                                                  0
<ALLOWANCE-OPEN>                                           393,283
<CHARGE-OFFS>                                              268,387
<RECOVERIES>                                                16,136
<ALLOWANCE-CLOSE>                                          475,028
<ALLOWANCE-DOMESTIC>                                       475,028
<ALLOWANCE-FOREIGN>                                              0
<ALLOWANCE-UNALLOCATED>                                          0


</TABLE>