Prospectus Supplement No. 17
The Prospectus dated November 14, 1996 (the "Prospectus") relating to the offer
for resale of up to $115,000,000 aggregate principal amount of 5.5% Convertible
Subordinated Debentures due 2006 of Aames Financial Corporation (the "Company")
and 6,160,713 shares of the common stock of the Company, par value $0.001 per
share, into which such Debentures are convertible is hereby amended as follows:
The following entity is hereby named as a Selling Security Holder as
contemplated on page 33 of the Prospectus:
Selling Security Holder Principal Amount of Debentures
Paloma Securities L.L.C. $500,000
Two American Lane
Greenwich, Connecticut 06836-2571
The date of this Prospectus Supplement is April 18, 1997.
