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THIS IS A SUPPLEMENT TO THE PROSPECTUS DATED AUGUST 14, 1998
SUBORDINATED NOTE INTEREST RATES
EFFECTIVE APRIL 11, 1999
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BONUS INTEREST RATES
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PORTFOLIO AMOUNT (1) $5,000 - $24,999 $25,000 - $49,999 $50,000 - $99,999 OVER $100,000
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INTEREST ANNUAL INTEREST ANNUAL INTEREST ANNUAL INTEREST ANNUAL
NOTE RATE % YIELD % RATE % YIELD % RATE % YIELD % RATE % YIELD %
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
365 DAY EXTENDIBLE (3) 9.75 9.75 10.00 10.00 10.25 10.25 10.50 10.50
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ONE YEAR FIXED-TERM (4) 9.75 9.75 10.00 10.00 10.25 10.25 10.50 10.50
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TWO YEAR FIXED-TERM (4) 10.13 10.52 10.38 10.79 10.63 11.06 10.88 11.33
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THESE INTEREST RATES ARE ONLY APPLICABLE TO NOTES WITH THE LISTED MATURITIES AND PRINCIPAL AMOUNTS OF $5,000 OR
MORE THAT ARE PURCHASED ON OR BEFORE MAY 7, 1999 BY FORMER SUBORDINATED NOTE INVESTORS.
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STANDARD INTEREST RATES
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PORTFOLIO AMOUNT(1) $1,000 - $24,999 $25,000 - $49,999 $50,000 - $99,999 OVER $100,000
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INTEREST ANNUAL INTEREST ANNUAL INTEREST ANNUAL INTEREST ANNUAL
NOTE RATE % YIELD % RATE % YIELD % RATE % YIELD % RATE % YIELD %
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
90-DAY EXTENDIBLE (2) 8.01 8.25 8.26 8.52 8.51 8.79 8.76 9.05
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180-DAY EXTENDIBLE (2) 8.76 8.95 9.01 9.21 9.26 9.47 9.51 9.74
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365-DAY EXTENDIBLE (3) 9.50 9.50 9.75 9.75 10.00 10.00 10.25 10.25
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ONE YEAR FIXED-TERM (3) 9.50 9.50 9.75 9.75 10.00 10.00 10.25 10.25
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TWO YEAR FIXED-TERM (4) 9.88 10.25 10.13 10.52 10.38 10.79 10.63 11.06
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THREE YEAR FIXED-TERM (4) 10.25 10.65 10.50 10.92 10.75 11.19 11.00 11.46
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FOUR YEAR FIXED-TERM (4) 10.57 11.00 10.82 11.27 11.07 11.54 11.32 11.81
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FIVE YEAR FIXED-TERM (4) 11.13 11.60 11.38 11.87 11.63 12.15 11.88 12.42
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TEN YEAR FIXED-TERM (4) 11.68 12.20 11.93 12.47 12.18 12.75 12.43 13.02
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(1) The applicable portfolio amount is determined at the time a Note is
purchased by aggregating the principal amounts of all Notes currently owned
by the investor and the investor's immediate family members. Immediate family
members are considered to be parents, children, siblings, grandparents and
grandchildren. Members of sibling families are also considered immediate
family members if both siblings are investors.
(2) Earns simple interest. The Annual Yield calculation assumes that the
term of the Note is extended sequentially for an entire year, that the
interest earned during each term is included in the principal amount for the
next term and that the listed interest rate is the interest rate for each
term.
(3) Earns simple interest, which results in the Interest Rate and the Annual
Yield being equal during the initial term.
(4) Interest compounds quarterly. The Annual Yield calculation assumes that
accrued interest is paid annually.
