<TABLE> <S> <C>

<ARTICLE>                        5
<LEGEND>
=======================================================================
This schedule contains summary financial information extracted from the
company's financial statements as of and for the 9 months  ended
December 31, 1998 and is  qualified  in its  entirety by  reference to
such financial statements.
=======================================================================
 
</LEGEND>
<PERIOD-TYPE>                                                              9-MOS
<FISCAL-YEAR-END>                                                    Mar-31-1998
<PERIOD-START>                                                       Apr-01-1998
<PERIOD-END>                                                         Dec-31-1998
 
<CASH>                                                                   144,467
<SECURITIES>                                                                   0
<RECEIVABLES>                                                         41,040,947
<ALLOWANCES>                                                           1,170,213
<INVENTORY>                                                                    0
<CURRENT-ASSETS>                                                               0
<PP&E>                                                                   658,342
<DEPRECIATION>                                                           472,477
<TOTAL-ASSETS>                                                        40,554,286
 
<CURRENT-LIABILITIES>                                                          0
<BONDS>                                                                        0
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                                    0
<COMMON>                                                              20,607,376
 
<OTHER-SE>                                                                23,347
<TOTAL-LIABILITY-AND-EQUITY>                                          40,554,286
 
<SALES>                                                                3,387,308
<TOTAL-REVENUES>                                                       3,387,308
<CGS>                                                                          0
<TOTAL-COSTS>                                                                  0
<OTHER-EXPENSES>                                                          72,586
<LOSS-PROVISION>                                                         135,000
<INTEREST-EXPENSE>                                                       864,147
<INCOME-PRETAX>                                                        1,879,321
<INCOME-TAX>                                                                 449
<INCOME-CONTINUING>                                                            0
<DISCONTINUED>                                                                 0
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                           1,878,872
 
<EPS-PRIMARY>                                                                .27
<EPS-DILUTED>                                                                .27
 

</TABLE>