UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported): December 21, 2000


                             MCM CAPITAL GROUP, INC.
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             (Exact name of registrant as specified in its charter)


            DELAWARE                    000-26489                48-1090909
-------------------------------        ------------          -------------------
(State or other jurisdiction of        (Commission              (IRS Employer
         incorporation)                File Number)          Identification No.)


                 5775 ROSCOE COURT, SAN DIEGO, CALIFORNIA 92123
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               (Address of principal executive offices) (Zip code)


       Registrant's telephone number, including area code: (877) 445-4581


                                 Not applicable
         --------------------------------------------------------------
         (Former name or former address, if changed since last report.)

ITEM 5. OTHER EVENTS

     Attached hereto as Exhibit 99.1 and incorporated by reference herein is the
text of MCM  Capital  Group,  Inc.'s  announcement,  dated  December  21,  2000,
regarding the  execution of a credit  facility,  and attached  hereto as Exhibit
99.2 and  incorporated  herein by  reference  is the text of MCM Capital  Group,
Inc.'s  announcement,  dated  January 8, 2001,  regarding  the  extension of its
revolving credit facility.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

(c)  Exhibits

     10.1      Credit  Agreement  by and between MRC Receivables Corporation, as
               borrower  and  CFSC  Capital  Corp.  VIII, as lender, dated as of
               December 20, 2000

     99.1      Press  release  of December 21, 2000 regarding the execution of a
               credit facility.

     99.2      Press  release of  January 8, 2001  regarding the  extension of a
               revolving credit facility.

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                                    SIGNATURE

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                        MCM CAPITAL GROUP, INC.


Date: January 9, 2001                   By: /s/ Timothy W. Moser
                                            ------------------------------------
                                            Timothy W. Moser
                                            Executive Vice President and
                                            General Counsel


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