CONSENT OF INDEPENDENT AUDITORS

We consent to the reference to our Firm under the caption "Experts" in the
Registration Statement on Form F-4 and related prospectus of Newcourt Credit
Group Inc. ("Newcourt") for the Offer to Exchange all $1,000,000,000 6.875%
Notes, Series B due February 16, 2005 for $1,000,000,000 6.875% Exchange Notes,
Series B due February 16, 2005 and to the incorporation by reference therein
of our report dated February 22, 1999, with respect to the consolidated
financial statements of Newcourt as at December 31, 1998 and 1997 and for the
years then ended included in Newcourt's Current Report on Form 6-K dated
February 26, 1999 and in Newcourt's Annual Report on Form 40-F for the year
ended December 31, 1998, both of which have been filed with the Securities and
Exchange Commission.



Toronto, Canada
July 14, 1999                                Ernst & Young LLP
                                             Chartered Accountants