GENERAL CREDIT CORP
10QSB, EX-27.1, 2000-08-21
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AND CONSOLIDATED STATEMENT OF OPERATIONS OF GENERAL
CREDIT CORPORATION FOR THE SIX MONTHS ENDED JUNE 30, 2000 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                       7,733,481
<SECURITIES>                                         0
<RECEIVABLES>                                2,358,957
<ALLOWANCES>                                   333,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                             9,948,742
<PP&E>                                         607,515
<DEPRECIATION>                                 184,230
<TOTAL-ASSETS>                              12,562,503
<CURRENT-LIABILITIES>                        9,749,487
<BONDS>                                              0
                                0
                                          0
<COMMON>                                         3,663
<OTHER-SE>                                   1,816,789
<TOTAL-LIABILITY-AND-EQUITY>                12,562,503
<SALES>                                      2,790,818
<TOTAL-REVENUES>                             2,790,818
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             2,333,284
<LOSS-PROVISION>                               150,000
<INTEREST-EXPENSE>                             797,311
<INCOME-PRETAX>                              (280,588)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (280,588)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (280,588)
<EPS-BASIC>                                      (.08)
<EPS-DILUTED>                                    (.08)


</TABLE>


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