U. S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB


                                   (Mark One)
                [X] Quarterly report under Section 13 or 15(d) of
                   the Securities Exchange Act of 1934 For the
                      quarterly period ended: June 30, 2001

             [ ] Transition report under Section 13 or 15(d) of the
                   Exchange Act For the transition period from
                          ____________ to ____________


                         Commission File Number: 0-14653

                       Renaissance Acceptance Group, Inc.
        (Exact name of small business issuer as specified in its charter)



          Delaware                                                 74-2119162
 (State or other jurisdiction of incorporation                  (IRS Employer
 or organization)                                            Identification No.)

    1750 Regal Row, Suite 1010
       Dallas, Texas, 75235                                    (214) 599-6500
 (Address of principal executive offices)              Issuer's telephone number



                         Cardiac Control Systems, Inc.,
                             3 Commerce Boulevard,
                           Palm Coast, Florida 32137
                                    March 31
             (Former name, former address and former fiscal year, if
                           changed since last report)

Check  whether the  registrant:  (1) filed all reports  required to be filled by
Section  13 or 15(d) of the  Exchange  Act  during  the past 12 months  (or such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing  requirements  for the past 90 days.  Yes [ ] No
[X]

Check whether the  registrant  filed all  documents  and reports  required to be
filled by Section 12, 13, or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by court. Yes [X] No [ ]

    Number of shares outstanding as of: July 2, 2001: Common Stock: 5,000,000

   Transitional Small Business Disclosure Format (check one): Yes [ ] No [ X ]

<PAGE>

               RENAISSANCE ACCEPTANCE GROUP, INC. AND SUBSIDIARIES
                                      INDEX
<TABLE>
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<S>                                                                                                             <C>
Facing Sheet                                                                                                      1

Index                                                                                                             2

Cautionary Statement Regarding Forward-Looking Statements                                                         3

Part I - Financial Information

     Item 1. Financial Statements                                                                                 4

     Item 2. Plan of Operations                                                                                   4


Part II - Other Information

     Item 1. Legal Proceedings                                                                                    6

     Item 2. Changes in Securities                                                                                7

     Item 3. Defaults upon Senior Securities                                                                    N/A

     Item 4. Submission of Matters to a Vote of Security Holders                                                N/A

     Item 5. Other Information                                                                                    7

     Item 6. Exhibits and Reports on Form 8-K                                                                     8


Signatures                                                                                                       10
</TABLE>


<PAGE>



           CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

     This Form 10-QSB and the documents  referred to and incorporated  herein by
reference contain "forward-looking" statements within the meaning of Section 27A
of the  Securities Act of 1933 and Section 21E of the Securities Act of 1934. In
addition,  from time to time,  the  registrant or its  representatives  may make
forward-looking  statements  orally or in writing.  The  registrant  bases these
forward-looking  statements on its  expectations  and  projections  about future
events,  which it  derives  from  information  currently  available  to it.  The
registrant   cannot  provide   assurance  that  the  results  reflected  in  any
forward-looking statements will be achieved.

     Any  forward-looking  statements  made by the  registrant  or on its behalf
speak only as of the date on which this statement is made.  The registrant  does
not  undertake  any  obligation  to update or keep  current any  forward-looking
statement  to reflect  events or  circumstances  arising  after the date of such
statement;  or  any  important  factor  reflected  from  time  to  time  in  any
forward-looking  statement  made by or on behalf of the  registrant  that  could
cause future  results to differ  materially  from  historical  results,  results
anticipated or results  planned by the  registrant.  The registrant is including
this  cautionary  statement  for the  express  purpose  of  availing  itself  of
protections of safe harbor provided by the Private Securities  Litigation Reform
Act of 1995 with respect to all such forward-looking statements.

     Examples of forward-looking statements include, but are not limited to: (a)
projections of revenues, earnings, income, growth, prospects, dividends, capital
structure and other financial matters; (b) statements of plans and objectives of
the registrant or its management or Board of Directors; (c) statements of future
economic performance;  (d) statements of assumptions underlying other statements
and statements about the registrant and its business relating to the future; and
(e)  statements  containing  the  words  "expect,"   "anticipate,"   "estimate,"
"project," "believe," "intend," "goal," "plan," "objective," "should" or similar
expressions.  Such  forward-looking  statements may appear in this report and in
documents,  reports,  filings with the Securities and Exchange Commission,  news
releases,  written or oral  presentations  made by the registrant's  officers or
other representatives to analysts,  stockholders,  investors, news organizations
and  others,   and   discussions   with  its   management   and  other   company
representatives.  For these statements,  the registrant claims the protection of
the safe harbor for forward-looking statements provide by the Private Securities
Litigation Reform Act of 1995.

     The   registrant's   future   results   involve   a  number  of  risks  and
uncertainties.  There are important  factors that could cause future  results to
differ  materially from  historical  results or trends,  results  anticipated or
planned by the  registrant,  or results that are reflected  from time to time in
any  forward-looking  statement  that  may be made by the  registrant  or on its
behalf. Some of these factors are listed under the heading "Risk Factors" in the
registrant's  Current  Report on Form 8-K filed with the Securities and Exchange
Commission on July 9, 2001. The  registrant  cautions each reader of this report
to carefully  consider the factors  discussed  herein and in the above mentioned
Form 8-K,  any or all of which  could in the future  affect  the  ability of the
registrant to achieve its anticipated  results and could cause actual results to
differ materially than those discussed herein.

                                       3
<PAGE>

Part I - FINANCIAL INFORMATION

Item 1. Financial Statements

     The  registrant has had no meaningful  operations  for the preceding  three
years. On September 3, 1999, the registrant filed for bankruptcy protection, and
on May 24, 2001, the bankruptcy  court  confirmed its Second Amended  Chapter 11
Plan of Reorganization (the "Plan"), relating to In re: Cardiac Control Systems,
Inc., Case No. 99-06852-3P1,  United States Bankruptcy Court, Middle District of
Florida,  Jacksonville  Division.  Pursuant to the Plan, all of the registrant's
remaining assets (except the registrant's corporate entity) and the registrant's
remaining  liabilities were  transferred and assigned to a liquidating  trust on
June 5, 2001. Accordingly,  the financial statements of Cardiac Control Systems,
Inc. are not deemed to be material,  meaningful or indicative of expected future
performance and; accordingly, have not been presented herein.


     Subsequent Event

     In connection with the Plan confirmation, Remodelers Holdings, Inc. ("RHI")
merged with  Nineteenth  Acquisition  Sub, Inc. (the  registrant's  wholly-owned
subsidiary created to effect the merger, with and into RHI) on July 2, 2001 (the
"Merger").  As a result of the Merger,  the registrant  became a holding company
and RHI became its wholly-owned subsidiary.

     Related financial information for the business acquired is contained within
the  registrant's  Current  Report on Form 8-K filed on July 9,  2001,  and such
financial information is hereby incorporated herein by reference.

Item 2. Plan of Operations

     Overview

     Following the Merger, the registrant,  now known as Renaissance  Acceptance
Group,  Inc. (the  "Company") by a name change,  operates in the real estate and
mortgage  banking  industries  through the four  subsidiaries of RHI (Remodelers
Acceptance  Corporation,   United  Lending  Partners,  Nineteenth  Partners  and
Renaissance Title).

     The Company's  primary  strategy is to enable and encourage  home ownership
throughout  the  United  States.   Many  families  and  individuals  today  have
difficulties purchasing a home due to a variety of reasons, including:

 o   inadequate  initial  cash  reserves  to use for down  payments  and closing
     costs;

 o   poor historical credit due to situational circumstances;

 o  limited credit history;


                                       4
<PAGE>


 o   false beliefs regarding credit; and

 o   a lack of  service  provided  to this  consumer  group  by the  realty  and
     financial service industries.

     The Company  believes that its superior  customer service combined with its
knowledge of financing  programs,  primarily down payment  assistance  programs,
fills an existing void in the conventional home ownership marketplace.

     The Assistance for America Real Estate Business

     Remodelers Acceptance  Corporation ("RAC"),  through its d.b.a.  Assistance
for America ("AFA"),  assists consumers with limited financial  resources in the
buying of a home.  AFA educates the consumer in home  ownership and  coordinates
the home purchase process,  which typically includes  facilitating  down-payment
assistance and coordinating government sponsored home loan financing.

     Nineteenth Partners,  a real estate brokerage operation,  assists consumers
in locating and buying a home by accessing  Multi-List  Services  data to select
potential properties for customers.  Nineteenth Partners acts as the real estate
broker in these transactions. Renaissance Title, a licensed title agent, acts as
the closing agent in real estate  transactions.  Renaissance Title was formed in
April 2001 and commenced operations in May 2001.

     Currently,  outbound direct mail and telemarketing are utilized to generate
AFA customers. AFA enables a customer who wants a home and needs down payment or
other assistance to purchase a home using the following process:

 o   The customer chooses qualities of the desired home such as location, number
     of bedrooms and school district.

 o   The Company  determines  the price of home each  customer  can afford based
     upon information provided by the customer.

 o   If approved by the Company's underwriting department, the customer executes
     an AFA service  contract.

 o   At the time the AFA contract is signed,  the customer  pays AFA one percent
     of the sales price of the qualified target home price,  which serves as the
     total amount of cash that the customer will pay to purchase a house.

 o   AFA  guarantees the customer that it will find one house with the qualities
     chosen by the customer  within 30 days after the service  contract has been
     executed.

 o   AFA coordinates the purchase of a home by the customer.

 o   AFA facilitates down payment assistance for the customer.

 o   AFA coordinates financing (typically FHA) for the customer.

     Additionally, AFA provides counseling to each customer by communicating the
requirements and demands of home ownership, so that the customer understands the
rewards and  responsibilities  in owning a home. AFA is currently offered in the
Dallas-Fort Worth housing market, but the Company anticipates expanding AFA on a
national basis in the future.

                                       5



<PAGE>

The Mortgage Banking Business

     Mortgage banking  operations are conducted through United Lending Partners,
Ltd.  ("ULP"),  aN  FHA  direct  endorsement  and  FHLMC  approved  lender  that
originates  wholesale and retail,  conforming and nonconforming loans. Loans are
underwritten and closed to specific investor guidelines and subsequently sold in
the secondary market on a servicing released basis.  Principal sources of income
include:

 o   loan origination related points and fees;

 o   net interest  income  earned during the period loans are held pending sale;
     and

 o   gains from the sale of loans and related loan servicing rights.

     All  business  is  currently  conducted  in the  State  of  Texas  although
licensing  in other states is in process.  Loans  originated  through  wholesale
relationships currently comprise the majority of loan production volume.

     Liquidity

     The Company does not anticipate the need to raise  additional  funds in the
next twelve  months.  Expected  cash flows from  operations  are projected to be
sufficient to fund operations.

     Employees

     At June 30, 2001, the Company had 68 full-time employees.  Of the Company's
current  employees,  41 are engaged in real estate related operations and 27 are
engaged in the mortgage  business.  During the next twelve  months,  the Company
anticipates increasing the amount of employees from 68 to approximately 120.

Part II - Other Information

Item 1. Legal Proceedings

     On September 3, 1999, the registrant filed for bankruptcy  protection,  and
on May 24, 2001, the bankruptcy  court  confirmed its Second Amended  Chapter 11
Plan of Reorganization (the "Plan"), relating to In re: Cardiac Control Systems,
Inc., Case No. 99-06852-3P1,  United States Bankruptcy Court, Middle District of
Florida,  Jacksonville  Division.  Pursuant to the Plan, all of the registrant's
remaining assets (except the registrant's corporate entity) and the registrant's
remaining  liabilities were  transferred and assigned to a liquidating  trust on
June 5, 2001. The registrant's remaining assets consisted of:

 o   15,000 shares of Apro Healthcare, Inc. and future royalties from the use of
     royalties for a period of five years;

 o   20,000 shares of post-merger  registrant common stock to be issued pursuant
     to the  Merger  and to be sold to cover  costs of RHI  associated  with the
     Merger; and

                                       6
<PAGE>

 o   250,000 shares of post-merger registrant common stock to be issued pursuant
     to the Merger and distributed in accordance with the Plan.

     The  liquidating  trustee  will  liquidate  the assets and  distribute  the
proceeds to creditors in accordance  with the  distribution  method set forth in
the  Plan.  As a  result  of the  Plan  confirmation,  none of the  registrant's
pre-confirmation  creditors or  stockholders,  nor the  liquidating  trust,  has
recourse against the reorganized registrant,  even in the event of default under
the Plan.

Item 2. Changes in Securities

     As of the date of Plan  confirmation,  the  registrant  was a publicly held
company with over 800  stockholders  holding  approximately  5,979,579 shares of
common stock. At the effective time of the Merger, each  then-outstanding  share
of the registrant's existing capital stock and all other equity interests issued
and  outstanding  (or held in its  treasury)  were  automatically  canceled  and
extinguished without conversion and no payment was or shall be made with respect
to those shares of the registrant's capital stock.

     Pursuant to the Plan  confirmation  and Merger, a total of 5,000,000 shares
of newly authorized  common stock were issued to the former RHI stockholders and
to the Plan liquidating trust. The former stockholders of RHI received 4,730,000
shares and the liquidating trust received 270,000 shares. In accordance with the
Plan confirmation,  20,000 of the liquidating trust shares are to be sold to pay
RHI Merger related  expenses and 250,000 of the liquidating  trust shares are to
be issued to pre-confirmation creditors, to Kersey, Scillia, Forster and Brooks,
Inc. (the registrant's  pre-reorganization  financial  advisor) and to a certain
number of the registrant's pre-Merger stockholders.

Item 5.  Other Information

     On July 10, 2001,  the Board of Directors  of the  registrant  approved the
2001 Stock Option Plan for  Renaissance  Acceptance  Group,  Inc.  (the "Plan"),
subject to  ratification by the  stockholders of the registrant,  a stock option
plan which  provides  incentives  to attract and retain  qualified and competent
employees and  consultants for the registrant and its  subsidiaries  through the
encouragement  of  stock  ownership  in the  registrant  by  such  persons.  The
aggregate  number of shares of the  Company's  common  stock  reserved for grant
under the Plan is 750,000.  The Board of Directors have not granted  options for
under the Plan as of the date of this Form 10-QSB, but has approved the grant of
options for 553,000  shares under the Plan. The Plan is filed as Exhibit 10.1 to
this Form 10-QSB.

                                       7


<PAGE>

Item 6. Exhibits and Reports on Form 8-K

     (a) Exhibits

     The  following  exhibits  are  furnished  in  accordance  with  Item 601 of
Regulation S-B:

    Number                                  Description


    2.1             Agreement  and Plan of  Merger,  dated  July 2,  2001 by and
                    among Remodelers  Holdings,  Inc.,  Cardiac Control Systems,
                    Inc., Nineteenth Acquisition Sub, Inc. and Kersey,  Scillia,
                    Forster and  Brooks,  Inc.  (incorporated  by  reference  to
                    Exhibit 2.1 to the  registrant's  Current Report on Form 8-K
                    filed with the Securities and Exchange Commission on July 9,
                    2001)

    2.2             Second Amended Chapter 11 Plan of  Reorganization of Cardiac
                    Control Systems,  Inc., Case No. 99-06852-3P1  (incorporated
                    by  reference  to Exhibit  2.2 to the  registrant's  Current
                    Report on Form 8-K filed with the  Securities  and  Exchange
                    Commission on July 9, 2001)
    2.3
                    First  Modification  to Second  Amended  Chapter  11 Plan of
                    Reorganization  (incorporated by reference to Exhibit 2.3 to
                    the  registrant's  Current Report on Form 8-K filed with the
                    Securities and Exchange Commission on July 9, 2001)

    3.1             Amended   and   Restated    Certificate   of   Incorporation
                    (incorporated   by   reference   to   Exhibit   4.1  to  the
                    registrant's  Current  Report  on Form  8-K  filed  with the
                    Securities and Exchange Commission on July 9, 2001)

    3.2             Certificate   of   Designation   for  Series  A  Convertible
                    Preferred Stock (incorporated by reference to Exhibit 4.2 to
                    the  registrant's  Current Report on Form 8-K filed with the
                    Securities and Exchange Commission on July 9, 2001)

    3.3             Amended and Restated  Bylaws  (incorporated  by reference to
                    Exhibit 4.3 to the  registrant's  Current Report on Form 8-K
                    filed with the Securities and Exchange Commission on July 9,
                    2001)

   10.1             2001 Stock  Option Plan for  Renaissance  Acceptance  Group,
                    Inc.



                                       8
<PAGE>


      (a) Reports on Form 8-K

     No reports on Form 8-K have been filed  during the  quarter  for which this
report is filed.


<PAGE>

                                    Signature

     In accordance  with the  requirements  of the Exchange Act, the  registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                       RENAISSANCE ACCEPTANCE GROUP, INC.

Dated: August 14, 2001                 By: /s/ Michael K. Henderson
                                           ------------------------

                                           Name:    Michael K. Henderson
                                           Title:   Chief Financial Officer and
                                                    Principal Accounting Officer




<PAGE>
                                  Exhibit Index

    2.1             Agreement  and Plan of  Merger,  dated  July 2,  2001 by and
                    among Remodelers  Holdings,  Inc.,  Cardiac Control Systems,
                    Inc., Nineteenth Acquisition Sub, Inc. and Kersey,  Scillia,
                    Forster and  Brooks,  Inc.  (incorporated  by  reference  to
                    Exhibit 2.1 to the  registrant's  Current Report on Form 8-K
                    filed with the Securities and Exchange Commission on July 9,
                    2001)

    2.2             Second Amended Chapter 11 Plan of  Reorganization of Cardiac
                    Control Systems,  Inc., Case No. 99-06852-3P1  (incorporated
                    by  reference  to Exhibit  2.2 to the  registrant's  Current
                    Report on Form 8-K filed with the  Securities  and  Exchange
                    Commission on July 9, 2001)
    2.3
                    First  Modification  to Second  Amended  Chapter  11 Plan of
                    Reorganization  (incorporated by reference to Exhibit 2.3 to
                    the  registrant's  Current Report on Form 8-K filed with the
                    Securities and Exchange Commission on July 9, 2001)

    3.1             Amended   and   Restated    Certificate   of   Incorporation
                    (incorporated   by   reference   to   Exhibit   4.1  to  the
                    registrant's  Current  Report  on Form  8-K  filed  with the
                    Securities and Exchange Commission on July 9, 2001)

    3.2             Certificate   of   Designation   for  Series  A  Convertible
                    Preferred Stock (incorporated by reference to Exhibit 4.2 to
                    the  registrant's  Current Report on Form 8-K filed with the
                    Securities and Exchange Commission on July 9, 2001)

    3.3             Amended and Restated  Bylaws  (incorporated  by reference to
                    Exhibit 4.3 to the  registrant's  Current Report on Form 8-K
                    filed with the Securities and Exchange Commission on July 9,
                    2001)

   10.1             2001 Stock  Option Plan for  Renaissance  Acceptance  Group,
                    Inc.