3 1 f3-july2001.txt PAUL W. FAGAN FORM 3 U.S. Securities and Exchange Commission OMB Approval Washington, D.C. 20549 OMB Number 3235-0104 Expires: December 31, 2000 Estimated ave.burden hours per response......0.5 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 -------------------------------------------------------------------------------- 1. Name and Address 2. Date of Event Requiring 3. IRS or Soc.Sec.No. of Reporting Person Statement (Month/Day/Yr) of Reporting Person (Voluntary) Fagan Paul W. 7/2/01 ------------------------- --------------------------- -------------------- (Last) (First) (Middle) 1750 Regal Row, Ste 1010 ------------------------ 4. Issuer Name and Ticker or Trading (Street) Symbol Renaissance Acceptance Dallas, Texas 75235 Group, Inc. (RNAG) ------------------------ --------------------------------- (City) (State) (ZIP) 5. Relationship of Reporting Person 6. If Amendment, Date of Original to Issuer (Check all applicable) X Director X 10% Owner --------------------------------- ------- ------- (Month/Day/Year) X Officer Other ------- ------- (give title below)(specify below) 7. Individual or Joint/Group Filing (Check Applicable Line) President and Chief Executive Officer -------------------------------- --- Form filed by one Reporting Person X --- Form filed by more than one Reporting Person*

Explanation of Responses: (1) Consists of 620,906.75 shares beneficially owned by Greyhound, LLC. Mr. Fagan is the sole member and the sole manager of Greyhound, LLC.

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RENAISSANCE ACCEPTANCE GROUP INC 3